Turkey’s citrus production for MY 2021/22 is forecasted up year-over-year in large part due to improved weather conditions compared to the previous year’s hot weather. While production is up, growers are seeing profit margins shrink as input costs, such as fuel and fertiliser, increase at a faster clip than farm gate prices.
>> read moreOrange supply is expected to gradually increase in June, however, the demand for the fruit is also supposed to be higher, as orange processing rises. This scenario may limit devaluations in the in natura market.
>> read moreOn 1 June 2022 World Citrus Organisation (WCO) members gathered for the organisation’s Annual General Meeting (AGM). During the AGM the WCO Secretariat presented the consolidation of the production and export forecasts for the forthcoming Southern Hemisphere citrus season 2022.
>> read moreWAPA, the World Apple and Pear Association, released the apple and pear stock figures from 1 May 2022. The figures show that in Europe apple stocks increased by 17.7 % compared to 2021 to reach 1,542,655 T, …
>> read moreThe 2021-2022 Florida all orange forecast released today by the USDA Agricultural Statistics Board is 40.7 million boxes. The total includes 18.2 million boxes of non-Valencia oranges (early, mid-season, and Navel varieties) and 22.5 million boxes of Valencia oranges …
>> read moreThe 2022-2023 orange crop forecast for the São Paulo and West-Southwest Minas Gerais citrus belt, published on May 26, 2022 by Fundecitrus in cooperation with Markestrat, FEA-RP/USP and FCAV/Unesp, is 316.95 million boxes (40.8 kg). Total orange production includes …
>> read moreAs observed for other agricultural products, the production costs of citrus farming have increased sharply in Brazil, due to higher inputs prices, majorly fertilisers. This scenario is concerning farmers in Brazil, considering that citrus production was low …
>> read moreThe 2021-2022 Florida all orange forecast released today by the USDA Agricultural Statistics Board is raised 2.00 million boxes to 40.2 million boxes. If realized, this will be 24 percent less than last season’s revised final production.
>> read moreThe harvesting of early oranges is expected to advance in May, which may raise supply and press down quotations. In general, availability has been growing since mid-April, weakening prices.
>> read moreThe prices for Frozen Concentrate Orange Juice (FCOJ) Equivalent rose high at ICE Futures in the first fortnight of April, reflecting the current low world supply, majorly in Brazil and in Florida (USA).
>> read moreThe 2021-2022 Florida all orange forecast released by the USDA Agricultural Statistics Board is lowered 3.0 million boxes to 38.2 million boxes. If realized, this will be 28 percent less than last season’s revised final production.
>> read moreThe past couple of years have seen an increased number of companies breaking into the hard seltzer market with new launches, says GlobalData. However, the leading data and analytics company found that new innovations are needed to remain competitive and engage …
>> read moreWAPA, the World Apple and Pear Association, released the apple and pear stock figures from 1 March 2022. The figures show that in Europe apple stocks increased by 8.6 % compared to 2021 to reach 2,935,962 T, while pear stocks decreased by 14.9 % to 388,495 T.
>> read moreThe weather has been favouring the development of the 2022/23 orange crop. In general, frequent rainfall (since mid-October 2021) is helping the oranges to grow bigger and, thus, agents expect productivity to recover from the two previous seasons, when the volume harvested was low.
>> read moreTahiti lime prices faded in São Paulo State in the first fortnight of March. According to Cepea collaborators, the current hot weather in Brazil has been favoring consumption, however, supply is high, due to the peak of harvest. Thus, quotations were pressed down.
>> read moreIn times of instability, crisis and major global events, how do we make sense of trends which are likely to influence the beverage market?
>> read moreThe 2021-2022 Florida all orange forecast released by the USDA Agricultural Statistics Board is 41.2 million boxes, down
2.30 million boxes from the February forecast. If realized, this will be 22 percent less than last season’s final production. The forecast consists of 18.2 million boxes of non-Valencia oranges (early, mid-season, and Navel varieties) and 23.0 million boxes of Valencia oranges.
In late February, the large-sized processors in São Paulo made their first purchase proposals for the oranges from the 2022/23 crop. Of the three companies in the state, two of them are interested in closing deals, bidding from BRL 30 – BRL 32.00 per 40.8-kilo box, harvested and delivered.
>> read moreOn the occasion of its Annual General Meeting, the World Apple and Pear Association (WAPA) has released the Southern Hemisphere apple and pear crop forecast for the upcoming season. According to the forecast, which consolidates the data from Argentina, Australia, Brazil, Chile, New Zealand, and South Africa, apple and pear production is estimated …
>> read moreWAPA, the World Apple and Pear Association, released the apple and pear stock figures from 1 February 2022. The figures show that in Europe apple stocks increased by 7.2 % compared to 2021 to reach 3,606,980 T, while pear stocks decreased by 30 % to 408,340 T.
>> read moreThe 2021-2022 Florida all orange forecast released by the USDA Agricultural Statistics Board is 43.5 million boxes, down 2 percent from the January forecast. If realized, this will be 18 percent less than last season’s final production.
>> read moreMexico orange production is forecast at 4.3 million tons, up 3 percent from the previous year due to a return to normal weather conditions in Veracruz. The 2019/20 drought affected orange production more than other citrus, as many orange trees are old …
>> read moreThe processing of the oranges from the 2021/22 season has been high in the major processors in Sao Paulo State. Although activities usually slow down in January, the orange harvesting is late in the current season – because of the higher share of fruits from the second, third and fourth flowerings.
>> read moreThe 2021-2022 Florida all orange forecast released by the USDA Agricultural Statistics Board is 44.5 million boxes, down 1.50 million boxes from the December forecast. If realized, this will be 16 percent less than last season’s final production.
>> read moreIn 2021, orange prices were high in São Paulo State (SP) and in the Triângulo Mineiro. In general, the industry in SP kept the demand high for fruits, and the low production limited the supply throughout the year. Although the remuneration (in BRL per box) had been higher, the profitability for many citrus growers was restricted, …
>> read more2021 was another record year for food and drink industry transactions, with 1,116 registered on the Zenith Global mergers and acquisitions database, an average of 21 each week.
>> read moreIn line with its goal to transition to 100 % recycled and plant-based PET bottles by 2030, the Suntory Group unveiled a prototype PET bottle made from 100 % plant-based materials partnership.
>> read moreThe 2021-2022 Florida all orange forecast released by the USDA Agricultural Statistics Board is 46.0 million boxes, down 1.0 million boxes from the October forecast. If realized, this will be 13 percent less than last season’s final production.
>> read moreAvoidance of alcohol is becoming the norm for a growing minority of consumers around the world. While this trend is seen across all age groups, it is most apparent in Generation Z, with as many as a third of consumers aged 18 – 25 now saying that they never consume alcohol.
>> read moreTate & Lyle PLC, a leading global provider of food and beverage solutions and ingredients, is pleased to unveil six key trends that are shaping consumer product innovation in the food and beverage market both today and tomorrow.
>> read moreAmid the COVID-19 crisis, the global market for Vegetable Juices estimated at US$34.7 Billion in the year 2020, is projected to reach a revised size of US$47.2 Billion by 2026, growing at a CAGR of 5.2 % over the analysis period.
>> read moreThe World Citrus Organisation (WCO) has released its annual Northern Hemisphere Citrus Forecast for the upcoming season (2021-22). The Forecast, which will be presented during the second edition of the Global Citrus Congress …
>> read moreThe traditionally popular flavours of cola, lemon-lime and pepper saw a combined 4.3 % volume decrease in 2020, according to GlobalData. While these flavours will remain dominant, one of the leading data and analytics companies says that leading drinks brands are making room to experiment with unique, limited-time-only flavours …
>> read moreEstimates about the 2021/22 orange season in the Brazilian citrus belt (São Paulo and the Triângulo Mineiro) have been revised down, due to weather issues in Brazil. Data released by Fundecitrus (Citrus Defense Fund) in September estimated the harvest to be 8.9 % lower than that forecast in the first report, released in May, at 267.87 million boxes.
>> read moreIn early September, orange trees bloomed in some orchards in São Paulo State (SP). These flowers will become the fruits from the 2022/23 season. Cepea collaborators reported higher blooming in irrigated orchards, majorly in northern and northwestern SP.
>> read moreThe first 2021-2022 orange crop forecast update for the Sao Paulo and West-Southwest Minas Gerais citrus belt by Fundecitrus – performed in cooperation with Markestrat, FEA-RP/USP and FCAV/Unesp – is 267.87 million boxes of 40.8 kg …
>> read moreBy the end of the 2020/21 season, in June 2021, the inventories of Frozen Concentrate Orange Juice (FCOJ) equivalent at Brazilian processors totaled 316.93 thousand tons, according to data from CitrusBR (Brazilian Association of Citrus Exporters) released in mid-August. Compared to that at the end of the 2019/20 season, inventories decreased by 33 %.
>> read moreIn 2020 and continuing into 2021, COVID-19 has profoundly affected trading in the UK, with the cider market losing 16.3 % volume in 2020, dropping to 7837.36 thousand hectolitres, according to GlobalData.
>> read moreWhile the COVID-19 pandemic has tested the apple industry up and down the supply chain, it has also presented unique opportunities, according to a new report released by the U.S. Apple Association at the organization’s 126th annual Outlook Conference.
>> read moreThe non-alcoholic drinks sector recorded a compound annual growth rate (CAGR) of 0.9 %* between 2015 and 2020. Producers have seen a challenging landscape in recent years, battling rising costs, sugar taxes, packaging legislations and…
>> read moreInnova Market Insights’ latest Ingredient Insider report analyzes trends in sugar reduction and the use of sweeteners in food and beverages. The report includes market and consumer research, new product activity and…
>> read morePrognosfruit’s 2021 European apple and pear crop forecast revealed that while apple production is set to increase by 10 %, the upcoming pear crop is expected to decrease by 28 %.
>> read moreOrange juice (volume equivalent to concentrate juice) exports finished the 2020/21 season downing 7 % compared to the previous (2019/20). From July 2020 to June 2021, shipments to all destinations totaled 1.03 million tons, according to Secex.
>> read moreGerman consumers have been turning away from juices in the last five years as these drinks are considered to have a high sugar content. Therefore, juice makers are turning towards innovations in wellness drinks that are clear about their ingredient and nutritional benefits.
>> read moreThe 2020-2021 Florida all orange forecast released by the USDA Agricultural Statistics Board is 52.8 million boxes. The total is comprised of 22.7 million boxes of non-Valencia oranges (early, midseason, and Navel varieties), unchanged from the June forecast, and 30.1 million boxes of Valencia oranges, …
>> read moreThe Brazilian orange crop for Marketing Year (MY) 2020/21 is forecast at 390.8 million 40.8-kg boxes (MBx) or 15.94 million metric tons (mmt), an increase of seven percent relative to the current season. Although citrus trees are in the on-year of the production cycle, adverse weather notably affected the production potential for the upcoming season.
>> read moreMore than four in ten consumers have increased their purchases of functional foods, beverages and supplements since the start of the pandemic, a major global survey has found.
>> read moreThe volume of orange juice stocked at Brazilian processors in the 2020/21 season (June 2021) is expected to be higher than the strategic limit (250 thousand tons). On the other hand, in the 2021/22 season (June 2022), the volume stocked may be lower than that.
>> read moreFollowing today’s (16 June 2021) news that Ronaldo’s dismissal of Coca-Cola at a press conference temporarily cost the brand $4bn off its market value; …
>> read moreThe 2020-2021 Florida all orange forecast released by the USDA Agricultural Statistics Board is raised 1.0 million boxes to 52.7 million boxes. The total includes 22.7 million boxes of the non-Valencia oranges (early, mid-season, and Navel varieties) and 30.0 million boxes of Valencia oranges.
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