09:10 AM EDT, 06/10/2024 (MT Newswires) -- Alico ( ALCO ) said Monday that it has signed a new agreement with Tropicana Brands Group to supply citrus fruit from June 5 to July 31, replacing current agreements that expire at the end of next month.

The new contract covers 65% of Alico's ( ALCO ) planted acres, with prices 33% to 50% more than last season's average, the company said.