Fort Myers-headquartered Alico Inc. entered a new three-year agreement through July 31, 2027, with its largest customer to supply citrus fruit. This supply agreement that succeeds existing agreements set to expire at the end of July effectively sells the citrus fruit grown on approximately 65% of Alico’s currently planted acres to Tropicana Brands Group at prices per pound solids that are approximately 33% to 50% higher over the term of the contract than the average price for all the citrus fruit sold to Tropicana last season. Alico has another supply contract with Tropicana that remains in effect through the 2024-25 harvest season.