Brazil should register 2nd lowest production of orange juice in historical series

The total production of orange juice in Brazil should reach 817,744 tons of Equivalent FCOJ in the 2020/21 harvest, estimated on Thursday the National Association of Citrus Juice Exporters (CitrusBR), the second lowest level in the series started in 2003 / 04, in the midst of a cycle of low fruit harvest and climatic problems. If confirmed, the performance also represents a 32% drop compared to the previous season, when the sector manufactured 1.2 million tons of the drink. The volume loses only for the 2016/17 production, which reached a minimum of 648 thousand tons, according to data from the association. "In a way, this somewhat limits the supply (of juice available for export)," said the executive director of CitrusBR, Ibiapaba Netto, to Reuters. He explained that the supply may be more or less tight, depending on the behavior of external demand throughout the year. So far, according to the executive, demand has shown signs of stability. Thus, with stable demand and less juice ...