On the insane food prices in the US
"Since March 2020, the price of frozen orange juice concentrate is up 388 percent…
"Orange juice futures hit a record high of $4.1195 per pound, up 10% on Monday morning. The frozen orange juice concentrate has soared 388% since March 2020 as weather and disease crush citrus supply in Florida, the biggest producer of oranges in the US.
David Branch of Wells Fargo recently told Yahoo Finance that Florida’s orange crop is expected to come in around 713,000 tons, the smallest since the 1936-37 season."
Ouch.
Do you remember the days when we could all afford to drink orange juice on a regular basis?
Sadly, those days are long gone.
At this stage, even a meal at McDonald’s has become painfully expensive.
If you can believe it, a Big Mac combo meal at one location in Connecticut now costs 18 dollars…"
My comments: This is far beyond what we see in Sweden. In Sweden a one litre bottle of orange juice can cost only 12 crowns (1,07 dollars). If the price of this orange juice would rise by 388 %, it would rise with almost the fourfold amount, which would mean about 58,56 crowns (5,24 dollars). This would make it hard to buy, for sure. Compare this to the more than doubling of 4,12 dollars that one kilogram or one litre of orange juice can costs in the US (one pound is 0,45 kg), which is about almost 9 dollars, which is almost 100 crowns. This price is for me almost incredible, I would never buy a litre of orange juice for that price. I feel with you, Americans! Remember, my readers, that orange juice has been a standard drink, a usual, traditional way of securing one's C-vitamin intake! And think about that America is a country that produces its own oranges! It's America's apples! How can it be so cheap in Sweden, we who import all our oranges and orange juice?! But I know the answer, America's orange production has been ravaged by severe climate change and diseases (see this article).
