Business Notes: $ Agriculture Winter Scars on Florida

$ Agriculture Winter Scars on Florida

The effects of last week's cold snap quickly abated in much of the U.S., but Florida's citrus growers may never be the same. The freeze was the worst in history for the state's orange and grapefruit industry. Temperatures that dropped to the low teens destroyed as much as 40% of this year's crop. Coming on top of a $1 billion freeze in late 1983 and the citrus-canker epidemic in 1984, the icy blast destroyed the last hopes of some farmers in north-central Florida that they could survive in the business. Crops are smaller for as long as ten years after a...

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