USDA: World orange production will total 48.8 million tons in the 2023-2024 campaign

Published 2024년 2월 5일

Tridge summary

The US Department of Agriculture forecasts a slight increase in global orange production in 2023-2024 to 48.8 million tons, despite a decrease in Brazil and the European Union. This is attributed to larger harvests in Argentina, the US, and Mexico. The US production is expected to rise to 2.5 million tons, while Brazil's will decrease to 16.5 million tons. China is predicted to reach a record 7.6 million tons. The EU's production will decrease to 5.5 million tons, while Mexico's will increase to 4.9 million tons. Other notable changes include an increase in Turkish and Moroccan production, a slight increase in Australia, and a small decrease in Chile.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a report from the US Department of Agriculture (USDA), global orange production in 2023-2024 will increase slightly to 48.8 million tons, as lower production in Brazil and the European Union will be offset by the largest harvests in Argentina, the United States and Mexico. Both consumption and exports will increase with the increase in production. In the United States, production is expected to increase by 280,000 tons, to 2.5 million, thanks to higher yields and favorable weather. Florida production will increase by 30%, after the damage caused by Hurricane Ian the previous year, and in California an increase of 6% is expected. USDA projects that Brazilian production will decrease by 173,000 tons, to 16.5 million, due to unfavorable weather conditions during the second flowering, which reduced fruit setting. Meanwhile, a slight increase in consumption is expected to meet demand thanks to healthier eating habits. In China, a slight increase in production is expected, ...

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