A large crop of oranges in Florida means shoppers may soon see a break in orange juice prices.

The Florida citrus crop is on pace for a huge year after spiking to a record high in January, a month which saw the price rise 24 per cent after the U.S. began a probe on imports from Brazil.

Since then, it has plunged nearly 50 per cent on the commodity market, making it the worst performing commodity this year. It is currently on pace for the biggest monthly decline since 1967.

U.S. retail sales have dropped 11 per cent since fall 2011, despite a huge blossoming of the Florida orange juice crop which made it on pace for the biggest harvest in four years.

As a result, the falling prices may lower costs for Coca-Cola, which sells Minute Maid and Pepsi, the maker of Tropicana.