Citrus, Alico and Florida

Alico: Winding Down Citrus Operations To Focus On Land Development
Read here for a discussion of Alico (ALCO) stock's transition to land development, with potential for significant enterprise value and long-term growth.
Alico Inc. to end citrus operations in Florida after hurricanes, disease devastate groves
Pointing to Florida’s decades-long fight with deadly citrus greening disease and damage from hurricanes, a major grower Monday announced it will “wind down” citrus operations and focus on more-profitable uses of its land.
Major Florida grower to end citrus operations after years of hurricanes and tree disease
Alico Inc. announced Monday that it planned to wind down its citrus operations after the current crop is harvested later this year. About 3,400 citrus acres (1,376 hectares) will be managed by third-party caretakers for another season through 2026.
Long-time citrus grower ends production in Florida
One of the oldest citrus producers in the state is shutting down. It comes as another blow to the already struggling industry.
Institutional Florida citrus grow is winding down operation amid struggles
Orange groves owned by Alico have been at the heart of Florida's citrus industry for 100 years, but production has declined by over 70% over the past 10 years.
Major Florida citrus grower winds down operations
FOX 13's Lloyd Sowers reports that as Florida's citrus season winds down, Alico Orange Groves is facing another slow year, deterred even more by the hurricanes that struck the state.
Latest citrus projections for Florida low but hold steady after hurricane-damaged season
The December numbers were the first projections after Hurricane Milton pounded citrus-growing areas in October.
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UF breakthrough against greening disease looks to help citrus farms recover
Greening disease was introduced in the late 90s to Florida, and has had detrimental effects on citrus production.
Citrus production holds steady despite low projections following Hurricane Milton
With a major grower set to exit the business, Florida’s struggling citrus industry saw little change Friday in a production ...
Tropicana orange supplier Alico to exit citrus business
The company concluded that "growing citrus is no longer economically viable for us in Florida," with disease and hurricanes ...
One of Florida's leading citrus producers is leaving the industry. Here's why
The citrus company said Monday that it has lost approximately 73% of its citrus production over the past decade.
Alico, Inc. Announces Strategic Transformation of Agriculture Operations to Unlock Value in Land Holdings
Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development ...
Alico, Inc. to Present at 27th Annual ICR Conference
FORT MYERS, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John ...
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Alico Inc. CEO explains shift away from citrus industry
In announcing Jan. 6 that it would be stepping back from citrus farming, Alico Inc. also announced it would be charting a new ...