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

Published 2021년 2월 26일

Tridge summary

The National Association of Exporters of Sucos Cítricos (CitrusBR) has forecasted that Brazil's orange juice production for the 2020/21 harvest is expected to drop by 32% compared to the previous season, reaching the second lowest level in history at 817,744 tons of FCOJ Equivalent. This is due to a cycle of low fruit harvest and climatic issues, leading to a 23.5% reduction in exports and the lowest physical stocks since 2019. The orange harvest in São Paulo and Mineiro regions is also projected to see a significant decrease of 33.6% compared to the previous harvest, affecting a total of 850,000 feet around orange farms.

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

Original content

Selection of oranges after harvest in Limeira, SP (Photo: REUTERS / Paulo Whitaker) The total production of orange juice in Brazil should reach 817,744 tons of FCOJ Equivalent in the 2020/21 harvest, estimated on Thursday the National Association of Exporters of Sucos Cítricos (CitrusBR), second lowest level in history in 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. learn more Restricted supply supports orange prices, says Cepea Fundecitrus estimates orange crop 30.45% lower in SP and MG "In a way, this limits the supply somewhat (of juice available for export)", said the executive director from CitrusBR, Ibiapaba Netto, to Reuters. He explained that ...

Source: Agroinforme