orange juice
  • Orange futures just reached a record high, Bloomberg data shows.
  • Citrus greening, a crop disease, is spreading in Brazil and Florida, two top orange producers.
  • Brazil, the world's biggest juice exporter, will export 1.7% less orange juice to the US compared to last year.

Breakfast just got pricier for a reason other than inflation

Orange juice has never been this expensive, with Bloomberg data showing futures hitting a record high Monday due to rising concerns about global supply from citrus greening, a crop disease, in Florida and Brazil.