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Market Data 14.06.2017

USDA citrus crop forecast

The 2016-­2017 Florida all orange forecast released on June 9, 2017 by the USDA Agricultural Statistics Board is up 500,000 boxes to 68.5 million boxes.

USDA citrus crop forecast

The 2016-2017 Florida all orange forecast released on June 9, 2017 by the USDA Agricultural Statistics Board is up 500,000 boxes to 68.5 million boxes. The total includes 33.0 million boxes of non-Valencia oranges (early, midseason, and Navel varieties) and 35.5 million boxes of Valencia oranges. For the previous 10 seasons used in the regressions, the June all orange forecast has deviated from final production by an average of 1 percent, with 2 seasons above and 8 below, and differences ranging from 2 percent below to 1 percent above.

The Frozen Concentrated Orange Juice (FCOJ) yield as reported by the Florida Department of Citrus (FDOC), Report No. 34, for the period ending May 27, 2017 is 1.42 gallons per box of 42 °Brix concentrate. The late component yield is 1.54 gallons per box. The final yield for non-Valencia oranges is 1.336596 gallons per box as reported by the Florida Department of Citrus (FDOC) in Report No. 21. Last season’s final yields, as reported by the Florida Department of Citrus were: 1.405527 gallons per box for all oranges, 1.347046 gallons per box for non-Valencia oranges, and 1.472983 gallons per box for late (Valencia) oranges.

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