By Tyler Durden

The US Department of Agriculture has released an alarming new forecast for Florida's citrus industry.

The latest projection indicates orange production for the current season will total around 12 million boxes—the lowest since 1930—according to Bloomberg, citing the new USDA report.

Source: Bloomberg

A devastating hurricane this fall has compounded the damage already inflicted by citrus greening disease, a bacterial infection that has decimated groves over the past decade.