Brazil: Citrus Annual
Link to report:
The Brazilian orange crop for Marketing Year (MY) 2022/23 is forecast at 405 million 40.8-kg boxes (MBx), equal to 16.52 million metric tons (MMT), a reduction of two percent relative to the current season. The forecast assumes normal weather conditions will prevail as of early-December 2022 to support fruit setting and development of citrus groves in the Sao Paulo and Minas Gerais commercial citrus belt. Total Brazilian FCOJ 65 Brix equivalent exports for MY 2022/23 are forecast at 1.04 MMT, similar to the revised figure for MY 2021/22. Note that NFC exports for MY 2021/22 are estimated at 310,000 MT, 65 Brix equivalent, an increase of 15 percent compared to the previous season, primarily to supply the U.S. market due to limited juice availability from Florida due to hurricane Ian. Stock levels for MY 2022/23 are 13,000 MT, one of the citrus industry's lowest levels ever reached.
