Low stocks and adverse weather pressure orange supply

The Itaú BBA report for November highlights that orange fundamentals remain bullish, with low inventories and dry weather limiting productivity in São Paulo orchards. The low humidity has impaired the setting of flowers for the 2025/26 crop. Domestic demand for juice is firm, while exports continue to benefit from the reduced global supply. This situation is expected to keep fruit and juice prices at elevated levels in the coming months. The projection for 2026 will depend on the regularization of the climate ...