Citrus disease in Brazil pushes up Greek orange prices

Published 2023년 11월 6일

Tridge summary

Greece's citrus production has not been significantly affected by extreme weather conditions during the summer, according to Nick Nafpliotis, director of export company Greek & Fresh. However, the orange season in Greece and the rest of Europe may be affected by the spread of Huanglongbing (HLB) in Brazil, which could lead to a decrease in yields by 60% over the next five years. As a result, the prices of oranges have risen substantially, leading to expected increases in orange prices at the beginning of the season.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

“The extreme weather conditions during the summer have not had a significant impact on citrus production in Greece,” said Nick Nafpliotis, director of export company Greek & Fresh. "Greece had to endure heat last July. But fortunately the citrus was not affected by it, nor by the frost. The quality of the Greek oranges and clementines is generally very good this season. The yield is like this." n 10% lower than last season, so that's not too bad." The situation on the other side of the world has major consequences for the orange season in both Greece and the rest of Europe, Nafpliotis explains. "According to the research group Fundecitrus, the rapid spread of Huanglongbing (HLB) in Brazil, a citrus disease that appears to have infected about 38% of Brazilian crops, could reduce yields by 60% over the next five years. The source is Reuters. In addition, according to CitrusBR, a group representing Brazil's largest citrus growers, Brazilian processors' orange juice inventory is ...

Source: AGF