Orange harvest in Brazil is expected to be smaller and fruit prices to fall in December despite low supply

Published Dec 13, 2024

Tridge summary

Citrus growers in São Paulo and the Triângulo Mineiro region in Brazil are projected to harvest 223.14 million boxes of oranges in the 2024/25 harvest, marking a 4% decrease from the initial estimate and a potential 27.4% drop from the previous harvest due to disease and weather conditions. The average price of table oranges has decreased by 1.4% in the current period, while imports of fresh oranges have surged by 87% due to low domestic supply and high domestic prices. The incidence of greening, a disease affecting citrus crops, has increased by 56% in Brazil. The situation is further complicated by heat waves and rainfall deficits.

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

Original content

Citrus growers in São Paulo and the Triângulo Mineiro region, the largest producing regions in the country, are expected to harvest 223.14 million boxes of oranges in the 2024/25 harvest. This figure is around 4% lower than the first estimate, made in May of this year. The current harvest could be 27.4% smaller than the previous one, according to a report by Fundecitrus, recently released in December, and analyzed by the Center for Advanced Studies in Applied Economics (Cepea) at Esalq, the campus of the University of São Paulo (USP), in Piracicaba (SP). Compared to September, the amount harvested represents an increase of 7.36 million boxes weighing around 40 kilos each, equivalent to a 3.45% increase in the period analyzed. The average price of table oranges is R$111.39/40.8 kg box in the partial period of this week, between December 9th and 12th. The decline is 1.4% compared to the previous period. Industry agents, consulted by Cepea researchers, state that the quality of the ...

Source: G1globo