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Market Data 01.08.2024

Citrus: World markets and trade

Global orange production for 2023/24 is estimated to rise 1 percent to 47.4 million tons as lower production in Brazil and the European Union is more than offset by larger crops in Egypt, the United States, and Turkey. Consumption …

Citrus: World markets and trade
(Photo: USDA)

Oranges

Global orange production for 2023/24 is estimated to rise 1 percent to 47.4 million tons as lower production in Brazil and the European Union is more than offset by larger crops in Egypt, the United States, and Turkey. Consumption and fruit for processing are both up with production while exports are flat.

U.S. production is estimated to rise 8 percent to 2.5 million tons on higher yields due to favorable weather. Consumption, imports, and exports are flat, while oranges for processing are up with the increase in supplies.

Brazil production is estimated down slightly to 15.3 million. Lower yields are expected, primarily due to poor weather conditions that contributed to drought, as well as some impacts from greening. Consumption and fruit for processing are estimated down with the reduced supplies

Please download the full report: www.nass.usda.gov

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