Brazil: Update to Citrus Annual Report for Brazil
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This provides an update to the report Citrus Annual_Brasilia_Brazil_BR2024-0043. The report has been edited from its original version to revise estimates and update the Post forecasts for production, consumption and exports. The Brazilian orange crop for Marketing Year (MY) 2024/25 is forecast at 320 million 90-pound boxes (MBx) - standard reference, equivalent to 13 million metric tons (MMT), an increase of 5.4 percent compared to the Post estimate for MY 2023/24 (300 million boxes or 12.3 MMT). Brazil’s production in MY 2024/25 is anticipated to recover slightly from the current season, which was the lowest since 1988. Post forecasts the Brazilian FCOJ 66 Brix equivalent production for MY 2024/25 at 1.0 MMT, an increase of 8 percent vis-à-vis the Post estimate for MY 2023/24 (930,000 MT), due to a slight recovery from the lower availability of oranges for processing from the current harvest.