Orange Juice Shortage on the Horizon


Florida is facing its worst orange harvest in a century according to reporting from The Guardian. Effected by disease and recent hurricanes, orange harvests are projected to be down as much as 14% from 2015. Orange juice futures are already trading at nearly double the price from last year as market analysts react to reports from the USDA. Many farmers in Florida are worried about their futures as they face a very bleak harvest this year, but the Florida Citrus Mutual cooperative offered a statement to reporters indicating that some farmers were holding onto a rosier outlook. Approximately 62,000 people are employed in one way or another through orange harvesting in Florida, so only time will tell what the wide-reaching impacts of this will be.

You can read more about this topic here.

SlowMoney NYC’s Good Food Spotlight is next week


The Good Food Spotlight is a monthly event for food business owners, investors, and advisors. Referred to as a “pitchfest” by SlowMoney NYC, this event has something for everyone interested in NYC food businesses. Expect business challenges to be presented to a panel of experts and an interactive crowd. Go for the information or simply to network, perhaps you will be inspired by something you hear or someone you talk to.
The event is this upcoming Monday the 24th at 6:30 PM in Brooklyn.

Presented in partnership with Brooklyn Food Works, this should be a great learning and networking event.

You can register and find more information here.