California's Frost Freezes Nation's Trade in Oranges

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This week's record cold-snap in California has reached areas that are usually immune to freezing. That's bad news for leafy greens, strawberries, blueberries and avocados.  But the crop hardest hit appears to be oranges, and that will mean increased prices very soon. Oranges are a $1.1 billion industry in California, and this week's cold wave comes at a crucial moment, as only 30% of the current crop has been picked.  John Nelsen is President of California Citrus Mutual, an association of growers.

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Warren Olney