FAS Issues July 2010 Citrus Update on Global Orange Production
The Foreign Agricultural Service's July 2010 Citrus Update states that global production and trade, which is estimated at 49.8 million metric ton (MMT) and 3.5 MMT, are both down 5 percent from the January forecast. Production in Brazil declined 8…
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percent, from 17.8 MMT to 16.2 MMT, due to excessive rainfall during blossoming and fruit development. U.S. orange trade is expected to continue to rise in response to strong demand from Canada and South Korea and larger exportable supplies. However, South African exports are expected to decline due to reduced exportable supplies and weaker demand from Russia and the Middle East.