Brazilian citrus market: Early orange crop may end in August

The harvesting of the early oranges in the 2017/18 season is slowing down in some citrus producing regions from São Paulo, mainly in cities with higher temperatures (where fruits mature faster). The last fruits to be collected, therefore, should be harvested until late August, according to Cepea collaborators.

According to Fundecitrus (Citrus Defense Fund), the citrus belt should harvest 364.47 million boxes in 2017/18, volume 50 % larger compared to that in the previous season. Of this total, 68.5 million would account for early oranges (+ 42 %).

In late July, the deliveries of pear oranges purchased through contracts intensified in the main processors from SP, according to growers. That reflected on the price averages of fruits in the spot market. In July, early orange quotes averaged 18.32 BRL per 40.8-kilo box, 6 % up compared to the average in June; pear oranges prices, in turn, averaged 18.55 BRL per box in July, 15.2 % up in the same comparison – both values only include expenses with harvesting and freight to the processing plant.

Pear orange harvesting, however, should step up in August, as the supply of early oranges decreases. Regarding late oranges, mainly valencia and natal, the first volumes should be available only in September.

Purchases of pear oranges were occasional in July. In the first fortnight of the month, some pear orange trades reached 20.00 BRL per box, depending on the quality and ratio of the fruit supplied, regarding the standard demanded by processors.

According to agents from processors, early orange crushing should keep firm in August, in order to focus on pear oranges, in September. Thus, the gradual increase of pear oranges in crushing this month, added to the back to school period, may reduce the availability of the fruit in the in natura market, pushing up quotes.

Regarding the in natura market, not even the warmer weather favored demand for pear oranges in late July. Besides, supply of fruits with lower quality than that demanded by the segment increased as well. Last month, pear orange quotes averaged 16.17 BRL per 40.8-kilo box, on tree, 6 % down compared to that in June.

8/3/2017

Germany

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