AG Watch

Lemon prices are going up

Wednesday, October 16, 2013

New numbers show those prices have nearly doubled since the start of May, and they are now at a five-year high.

Experts say the increase is mainly due to recent frosts in the major citrus producing countries such as Chile and Argentina. They say the frosts have damaged the quality of the lemons, and reduced the global supply.

Lemon prices tend to peak in October and November, but experts say they will drop back in the following months.

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ag report, citrus, citrus - lemon, ag watch
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