Florida’s orange crop, the world’s second largest, will be 0.7 percent smaller than forecast in March, the government said, as damage from a bacterial disease and dryness spreads.
The state will produce 138 million boxes of the fruit in the harvest that started in October and runs through June, down from 139 million forecast a month ago, the U.S. Department of Agriculture said Wednesday in a report. The average estimate of seven analysts and traders in a Bloomberg News survey was 137.97 million boxes. Florida produced 146.7 million boxes in the previous season.
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