Quote:
Originally Posted by pastarocket
-went to a Mr. Sub to buy some sandwiches for lunch one day. -wanted to order a bottle of orange juice.
The owner said that he only has apple juice available because the Canadian-counter tariffs is making orange juice too expensive to import from the U.S.
25 percent Canadian counter-tariff on U.S. orange juice. Orange harvest in Florida has also decreased for the past two decades because of crop failure too. Canadian orange juice imports hit a two decade low.
https://www.ctvnews.ca/world/trumps-...sumers%20alike. |
That owner and the CTV article are both misleading though - OJ is still available at reasonable prices, just not the American variety.
https://www.cbc.ca/news/canada/orang...nada-1.7613588
Quote:
This year's harvest in Brazil, the world's largest exporter of orange juice, is likely to be the worst in 36 years due to flooding and drought, according to a forecast by Fundecitrus, a citrus growers' organization in Sao Paulo state.
In the U.S., Florida's already diminished orange production fell 62 per cent in the 2022-23 season after Hurricane Ian battered a crop that was already struggling due to an invasive pest. Drought also cut Spain's orange production last year.
But what Statistics Canada doesn't show is that the price increase here is largely driven by the price of Florida orange juice, von Massow reiterated.
At Loblaws, for example, a 2.63-litre container of U.S.-based Tropicana might cost up to $13.50 but the prepared-in-Canada PC brand currently costs $6.50. At Metro, 2.63 litres of Tropicana orange juice is $13.99, but 2.5 litres of Irresistible brand is $7.69.
Canadian-owned juice brand Oasis, which sources its oranges from Brazil and bottles the juice in Quebec, costs $5.49 for 1.5 litres at Food Basics.
But all these prices are significantly higher than what Canadians paid in 2017. According to Statistics Canada, a two-litre container of orange juice back then cost about $3.61— 40 per cent less than what it costs now.
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tl;dr - orange juice supply globally is down due to bad harvests so overall prices are up (not tariff related) but non-US OJ is still available at much lower prices than US OJ (due partly to tariffs).
That owner should just shop around and switch brands and he'd have OJ back on the shelves.