"#Japan imports about 90% of its #orange juice, with much of it [from] #Brazil, which suffered significant rain damage and a citrus disease outbreak in 2023"
🔸Weakening yen led to:
"...the in-yen price for importing orange juice has jumped 69% from a year ago, and has doubled since 2019..."
https://soranews24.com/2024/05/02/orange-juice-crisis-24-japans-oj-supplies-drying-up/
🔸Seems juice producers switched to domestic mikan (mandarin oranges).
Wondered why mikan prices were so high this year. Stopped buying non-essential "luxury item" OJ some time ago.
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Minoru Saba (minorusaba@toad.social)'s status on Saturday, 04-May-2024 23:17:18 JST Minoru Saba