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Firm global orange juice prices due to tight supplies
date:May 21, 2021
the main reason for the reduction in the USDA`s orange forecast.

The USDA estimates the fruit drop for the Valencia variety to be 41%, with industry sources agreeing with the fruit drop rate figure, as there is significant volume on the ground at the moment. In terms of processing, juice yields are reported to be at 6.02 gallons/box compared with 6.07 gallons/box at the same time last year.

In the meantime, orange fruit availability in Mexico declined since the end of March. Local sources repo

12/21 22:40