Rising Prices, Weaker Sales for Orange Juice
With a significant decline in consumption of concentrated orange juice, overall U.S. sales in the category tumbled 5.4 percent in volume and 0.6 percent in revenue in a year-over-year comparison for the four weeks ending on July 7, 2012, according to the Dow Jones. The sales data, compiled by Nielsen and published by the Florida Department of Citrus (FDC), also shows that orange juice prices rose by 5 percent versus the same period in 2011.