Word: crops
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Dates: during 1990-1990
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Demands for lower-cost medications put pressure on the pharmaceutical industry. -- The cold snap causes crop losses and heating-oil price hikes...
...Florida, where the freeze was most brutal, growers who normally produce about 75% of the U.S. citrus crop (worth some $3.5 billion in 1989) had tried to prepare for the worst. They banked orange, lemon and grapefruit trees with extra dirt and fired up smudge pots to raise the temperature in their groves. But the cold snap -- with wind-chill temperatures of -5 degrees F as far south as Orlando -- lasted too long for such stopgap measures. Many strawberry, orange and grapefruit crops were completely ruined. Said Ben Abbitt, general manager of the Haines City Citrus Growers Association, Florida...
...week's end, with growers scrambling to ship freeze-damaged fruit to juice processors before it spoiled entirely, industry losses had yet to be calculated. One stroke of fortune was that in Texas some 40% of the crop had already been harvested, though this year's calamity, which followed freezes in December 1983 and January 1985, might still force many small producers to the wall. Among the remainder, layoffs seemed inevitable: Abbitt, for one, has furloughed 175 of his 450 workers...
...production is the leading industry; citrus losses in that area alone could reach $55 million. Winter vegetables, including celery, cauliflower, radishes and broccoli, were heavily damaged in the South. In Florida, virtually the entire $200 million vegetable harvest might be gone, and in Texas only about 20% of the crop might be salvaged...