Brazil: Citrus Semi-annual
Brazilian orange crop for 2015/16 is forecast at 393 million boxes, down 10 percent from the previous year, due to weather related problems during blossoming and a non-uniform harvest. Total frozen concentrate orange juice (FCOJ) production is projected at 935,000 mt, a 23 percent drop from previous season due to expected lower volume of oranges for crushing and lower industrial yields. FCOJ ending stocks are forecast at a record low of 39,000 mt, 65 Brix, down 280,000 mt relative to previous season due to projected lower product availability.
