USA: Projection of citrus production to the year 2033 maintains a downward trend

Published 2024년 3월 6일

Tridge summary

The US Department of Agriculture forecasts a decline in total US citrus production, particularly oranges and grapefruits, until 2033. However, an increase is expected in the production of lemons and mandarins. Despite the production drop, the agricultural value for American citrus is projected to rise from $2.98 billion in 2022 to $3.7 billion in 2033. On the other hand, net farm income for all agriculture is predicted to fall by 4.8% from 2023 to 2024, and further decrease to $123.6 billion by 2033.

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

Original content

Total US citrus production levels are expected to continue their long-term decline before stabilizing in 2033, the Office of the Chief Economist of the US Department of Agriculture (USDA) recently reported. The trend is attributed to the decrease in the production of oranges and grapefruits, along with the increase in lemons and mandarins. In the report, “USDA Agricultural Projections through 2033,” total US citrus production is estimated to decline from about 11.2 billion pounds in 2022 to approximately 9.9 billion pounds in 2024. Production is also expected to remain stable. fairly stable for several years, reaching £11.1 billion in 2033. California and Florida Citrus California is projected to remain the leader in production of fresh oranges, grapefruits, tangerines and lemons, but there are expected to be slight reductions in the volume of its grapefruit and orange crops. Grapefruits and oranges are expected to lose market share to other citrus and non-citrus fruits. ...

Source: Portaldelcampo