Business
High Orange Juice Prices May Be On The Table For A While Due To Disease And Extreme Weather
MOGI GUACU, Brazil – Prices for orange juice have always been erratic; they rise when frost or a hurricane destroys fruit trees and fall when abundant harvests result in an excess of oranges.
But since the diseases and severe weather decimating orange groves in some of the top-producing nations are not readily fixed, the record-high prices for OJ that the globe is currently experiencing might not last long.
The biggest orange juice producer in the world, Brazil, is expected to have its poorest crop in 36 years due to drought and flooding, according to a prediction by Fundecitrus, a Sao Paulo state citrus growers’ association.
High Orange Juice Prices May Be On The Table For A While Due To Disease And Extreme Weather
According to Mogi Guacu, Brazil, orange grower Oscar Simonetti, there is more to worry about than rising juice prices. The worry is not having the juice.
In the United States, Hurricane Ian severely devastated an already suffering crop due to an invading insect, resulting in a 62% decline in orange production in Florida’s 2022–2023 season. Spanish orange output was likewise reduced by drought the previous year.
Low supplies have driven up costs. Government statistics from April show that a 12-ounce can of frozen orange juice concentrate in the United States costs an average of $4.27, 42% more than the previous month.
Consumer research firm Nielsen reports that fresh orange juice prices in the UK, where the British Fruit Juice Association reports supplies are at 50-year lows, increased by 25% over the previous year.
Those price hikes are turning off consumers tired of inflation. Rabobank, a Dutch food and agriculture bank, reports that orange juice consumption has decreased from 15% to 25% over the past year in major worldwide markets, including the United States and the European Union.
Jonna Parker, principal for fresh food client insights at market research firm Circana, noted that more and more people are obtaining their morning fruit from smoothies, energy drinks, and other beverages than orange juice.
People think about other options when the price rises, she said.
Before the current price increases, orange juice consumption fell worldwide due to public concern about the quantity of sugar in fruit juices and rivalry with other drinks. If that tendency keeps up, Rabobank said, it should help balance supply and demand and prevent prices from growing much higher. Limited supplies, however, are expected to keep prices high for some time.
Orange juice has completely gone from the shelves in some stores.
An “orange fruit drink” with 35% orange juice replaced orange juice on the Australian McDonald’s menu late last year. The company mentioned short supplies.
Because of limited Brazilian juice supply, Tokyo-based Morinaga Milk Industry Co. plans to cease delivering its Sunkist orange juice by the end of June. Based in Sapporo, northern Japan, Megmilk Snow Brand Co. ceased shipping 1-liter (approximately a quart) and 450-milliliter (15.2-ounce) orange juice packs in April 2023. The company sells the juice under a Dole contract. Sales have yet to start up again.
High Orange Juice Prices May Be On The Table For A While Due To Disease And Extreme Weather
A few firms are considering substituting other fruits for oranges in their goods. Citing the expense of routine orange juicing, British juice manufacturer Coldpress launched a mandarin juice product in February.
Still others, though, keep their ideas under wraps. Dole, Tropicana, Florida’s Natural, Uncle Matt’s, and Coca-Cola (which produces the Simply and Minute Maid brands) are among the big orange juice producers that either declined to comment or did not answer questions from The Associated Press.
Decades of history are at the heart of the present supply problems. When an Asian citrus psyllid invaded Florida in 2005, it injected bacteria from its saliva into the orange plants there. By damaging its root systems, the bacteria gradually destroys the tree. Once a tree is afflicted, there is no known treatment.
The effect has been devastating. Florida produced 200 million orange boxes in 2004 before the illness known as citrus greening struck the state. It will provide less than 20 million this year.
Though no orange tree is completely resistant to greening, scientists have been working to breed more tolerant trees, according to Michael Rogers, an entomology professor and head of the Citrus Research and Education Center at the University of Florida.
Though it has advanced more slowly there because of its far bigger orange orchards, citrus greening appeared in Brazil around the same time as in Florida. Rogers added that the disease is carried by insects traveling from tree to tree.
The sickness is still advancing. Fundecitrus projects citrus greening on 38% of Brazil’s orange trees by 2023. According to orange farmer Simonetti, greening affects 20% of his output. On afflicted trees, oranges ripen improperly and fall off early, lowering their juice quality, he said.
Production can only sometimes be moved to other places. Citrus psyllids, for instance, do not do well in the climate of California, where oranges are grown. However, Rogers added, California also lacks the rainfall required for juicing oranges; its oranges are often marketed for consumption.
Extreme weather is another problem that affects orange harvests and is getting more frequent as global warming is caused by climate change.
High Orange Juice Prices May Be On The Table For A While Due To Disease And Extreme Weather
Nine heat waves that tore across Brazil last year caused reduced production and inferior fruit quality. El Niño has had especially dramatic effects this year, causing terrible floods in the southern state of Rio Grande do Sul and a record drought in the Amazon.
It’s hot during the day. Nighttime brings with it a drop. Simonetti said that this temperature differential is too great for the plant.
Brazil’s 2024–2025 crop is predicted to produce 232 million boxes of oranges, a 24% decrease from the previous year.
Coordinator of Fundecitrus’ crop estimates study Vinícius Trombin commented, “We have never seen a harvest like this.”
Trombin noted that some producers are considering combining oranges and tangerines to manufacture juice to offset the expected lower output. He is dubious, though.
“The consumer wants orange juice made entirely of oranges,” he declared.
Parker of Circana is a little unsure. Blends including other fruits, in her opinion, may help keep prices down and pique customer interest in orange juice.
“The notion of many flavors is a way to stand out and is very popular,” she said. People must be kept interested. Regaining that interest is extremely difficult once it is lost.
SOURCE – (AP)
Business
Sonic the Hedgehog Dominates Christmas Wish Lists
Sonic the Hedgehog is dominating Christmas wish lists this year. The lovable blue hedgehog is back in the spotlight, from sonic the hedgehog toys and games to sonic the hedgehog coloring pages and movie hype.
Sonic-themed holiday merchandise is on fire, from quirky sweaters to action figures flying off shelves. Sonic the Hedgehog Christmas outfits for kids are selling out fast, making them a go-to gift option for festive fun.
Retailers have been quick to recognize Sonic’s holiday appeal. Special promotions and exclusive items, like the Sonic holiday t-shirts, are everywhere.
Everyone’s stocking up on Sonic merchandise, from big-box stores to boutique retailers.
Online shopping platforms are seeing a surge in searches for Sonic items. Whether it’s Sonic Christmas-themed tops or Sonic the Hedgehog coloring pages, Sonic the Hedgehog toys or Sonic and the Hedgehog 3, the demand is skyrocketing.
Retailers who tap into this trend are sure to see strong holiday sales.
Sonic has been around since the early 90s, but his popularity never wanes. With the release of Sonic 3, fans are more excited than ever.
Sonic the Hedgehog 4
Meanwhile, Paramount Pictures is preparing “Sonic the Hedgehog 4,” with the newest addition in the family-friendly genre set for a spring 2027 release.
The announcement comes as “Sonic 3” opens in theatres on Friday, estimated to gross $55 million to $60 million from 3,800 North American locations.
The sequel is shaping up to be a good holiday season blockbuster for Paramount, which explains the desire in future “Sonic” adventures. On the international front, the film will be released on Christmas Day in 52 markets.
On Rotten Tomatoes, critics gave “Sonic 3” an outstanding 87% fresh score.
The first two films grossed a total of $725.2 million at the global box office and generated over $180 million in global consumer expenditure through home entertainment rentals and digital purchases.
They also inspired a spinoff Paramount+ series, “Knuckles,” which premiered earlier this year.
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Business
Amazon Strike Called By Teamsters Union 10,000 Walkout
An Amazon strike has hit facilities in the United States in an effort by the Teamsters union to pressure the corporation for a labour agreement during a peak shopping season.
The Teamsters union told the Associated Press that Amazon delivery drivers at seven facilities in the United States walked off the job on Thursday after the firm failed to discuss a labour contract.
According to the union, Amazon employees in Teamsters union jackets were protesting at “hundreds” of additional Amazon facilities, which the union billed as the “largest strike” in US history involving the company.
The corporation, which employs over 800,000 people in its US delivery network, stated that its services will be unaffected.
It was unclear how many people, including members of Germany’s United Services Union, participated in Thursday’s demonstration. The Teamsters union reported that thousands of Amazon employees were implicated in the United States.
Amazon Strike at 10 Locations
Overall, the group claims to represent “nearly 10,000” Amazon strikers, having signed up thousands of people at roughly ten locations across the country, many of whom have joined in recent months.
The organization has claimed recognition from Amazon going on strike, claiming the firm illegally neglected its obligation to bargain collectively over salary and working conditions.
The Teamsters is a long-standing US union with nearly one million members. It is well-known for securing lucrative contracts for its members at companies like delivery behemoth UPS.
Most of the Teamsters’ Amazon campaigns have concerned drivers working for third-party delivery companies that partner with the tech behemoth.
Amazon denies that it is liable as an employer in those circumstances, which is a point of legal contention. In at least one case, labour officials have taken a preliminary stance in favour of the union.
Stalled Contract Negotiations
Amazon employees at a major warehouse on Staten Island in New York have also chosen to join the Teamsters. Their warehouse is the only Amazon facility in the United States where labour officials have formally recognized a union win.
However, the Amazon strike is because contract negotiations have not progressed since the 2022 vote. It was not one of the areas scheduled to go on strike on Thursday.
Amazon, one of the largest employers in the United States, has long received criticism for its working conditions and has been the target of activists seeking to gain traction among its employees.
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Business
Amazon Encounters Numerous Strikes As Unions Aim At The Holiday Shopping Surge.
(VOR News) – Thousands of Amazon employees at various sites across the country were scheduled to go on strike on Thursday in an effort by the Teamsters union to pressure the retail behemoth to acknowledge its unionised workers in the United States.
The walkout is expected to concentrate on seven Amazon locations across the country during the holiday purchasing surge and may be the most significant union action against Amazon in the nation’s history.
The business announced on Thursday morning that there had been no effect on operations. It also stated that it is “continuing to concentrate on fulfilling customers’ holiday orders.”
The International Brotherhood of Teamsters maintains that it represents more than 10,000 Amazon employees and contractors in aviation centres, warehouses, and delivery centres.
Amazon has refused to acknowledge the union for many years.
The retail giant, which employs approximately 1.5 million individuals, excludes contractors and part-timers. A strike has been initiated by delivery couriers and warehouse employees at seven distinct locations in order to exert pressure on the company to negotiate a collective bargaining agreement that would encompass modifications to compensation, amenities, and working conditions.
Picketing was intended for New York, Atlanta, Los Angeles, San Francisco, and Skokie, Illinois.
Also, the Teamsters assert that they are establishing picket lines at “hundreds” of additional warehouses and delivery centres by encouraging non-unionized workers to picket under U.S. labour law, which protects workers’ ability to take collective action to further their interests.
“Amazon workers are exercising their power,” Randy Korgan stated to NPR.
“They now realise there is a pathway to take on a corporate giant like this – and that they hold the power.” Amazon responds by accusing the Teamsters of fabricating information regarding the strikes, asserting that the participants are “entirely” outsiders rather than employees or subcontractors of the corporation.
Amazon spokesperson Kelly Nantel stated that “the reality is that they were unable to secure sufficient support from our employees and partners and have invited external parties to harass and intimidate our team.” For more than a year, the Teamsters have been intentionally misleading the public by claiming to represent “thousands of employees and drivers.” They do not.
The Teamsters did not provide a specific duration for the strike; however, they informed NPR that it would extend beyond one day. Workers would receive $1,000 per week in strike money, as per the union.
Teamsters President Sean O’Brien issued a statement in which he stated, “If your package is delayed during the holidays, you can attribute it to Amazon’s insatiable greed.” We established a firm deadline for Amazon to attend the meeting and treat our members equitably. They disregarded it.
The Teamsters granted until December 15 to convene with its unionised employees and develop a collective bargaining agreement.
Amazon has opposed all unionisation efforts in court, asserting that unions were not advantageous to its employees and emphasising the compensation and benefits that the organisation currently provides.
Amazon has been accused of discriminatory labour practices on numerous occasions, including the termination of labour organisers. Furthermore, it has disputed its official status as a contract employer.
Teamsters organize Amazon delivery couriers and other employees.
In June, Amazon established its first unionised warehouse in Staten Island, New York, two years after making history by voting to join the fledgling Amazon Labour Union, which is also affiliated with the Teamsters.
The union is one of the most influential in the United States and Canada, with 1.3 million members. On Thursday, the German United Services Union declared that Amazon employees in Germany would participate in a strike in conjunction with their American counterparts.
In the past, Amazon has experienced demonstrations in Germany and Spain that were related to the holiday season in order to advocate for improved wages and working conditions.
“The holiday season has arrived.” Delivery is anticipated. Patricia Campos-Medina, the executive director of Cornell University’s Worker Institute, asserts that “this is the moment in which workers have control over the supply chain.”
The Teamsters have reported that Amazon’s profits have increased both during and after the pandemic. The corporation is currently valued at over $2.3 trillion, with net income of $15 billion in the most recent quarter alone. It is the second-largest private employer in the United States, following Walmart.
SOURCE: NPR
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