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NEW YORK — PepsiCo is raising prices on its popular Tropicana orange juice because of the deep freeze that hurt much of Florida’s citrus crop. The company said Wednesday it is shrinking its most popular size by about 8 percent — while maintaining its price — and raising the price on another size starting in May.
The 64-ounce container of orange juice will drop to 59 ounces. The suggested retail price remains at $3.59. The price of Tropicana’s gallon container of pure premium orange juice will rise between 5 percent and 8 percent. Right now, it costs $6.49. The Associated Press
