FOX 13's Lloyd Sowers reports that as Florida's citrus season winds down, Alico Orange Groves is facing another slow year, deterred even more by the hurricanes that struck the state.
Alico, Inc. announced Monday that an exhausting battle with citrus greening disease and hurricane damage are the reasons why it is leaving the citrus industry.
Despite potential short-term volatility, I maintain a speculative buy rating due to the long ... management ultimately decided that growing citrus in Florida was no longer viable due to a number ...
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The December numbers were the first projections after Hurricane Milton pounded citrus-growing areas in October.
With a major grower set to exit the business, Florida’s struggling citrus industry saw little change Friday in a production ...
A major grower said this week it was abandoning its citrus growing operations, reflecting the headwinds Florida's signature ...
Overall, the industry is facing a harvest that is nearly 20 percent lower than what was projected prior to Milton’s impact in mid-October.
TALLAHASSEE — Pointing to Florida’s decades-long fight with deadly citrus greening disease and damage from hurricanes, a major grower Monday announced it will “wind down” citrus operations ...