Brazil: 2026/27 orange season trading advances; prices below 2025/26 levels

Negotiations for the 2026/27 orange season between citrus growers and the industry advanced more effectively in late June. The period was characterised by progress in contract renegotiations and by the first more frequent purchases of fruit for processing. In addition, weather conditions limited the pace of harvesting in key producing regions of São Paulo state.

As for the industrial market, both the number of short-term contracts for the current season and spot market trading have been increasing. Between June 22 and 25, orange prices paid by the industry averaged BRL 29.53 per 40.8-kg box (considering short-term contracts and spot market transactions). These values are significantly lower than those observed at the beginning of 2025/26 negotiations, when spot market prices were close to BRL 45.00 per box, and also below the contracts established at the start of the 2024/25 season, at BRL 50.00 per box.

It is important to highlight that the prices reported by Cepea for early and mid-season oranges destined for processing in São Paulo state currently take into account short-term contracts for the 2026/27 season and spot market transactions.

As for supply, weather conditions limited harvesting activities at the end of the month. Recent rainfall in São Paulo state has slowed the pace of harvest and reduced field operations.

Concerning the in natura market, prices continued to decline amid the gradual increase in the supply of ripe fruit.