Light Brazilian Crop Could Mean Good News for Florida Citrus Growers


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Mon. July 29th, 2013 - by Eric Anderson

<p>As the impact of the citrus greening disease on Florida’s young 2013-14 crop is anxiously awaited, early signs are indicating a strong year for orange prices. </p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p>Brazil’s primary citrus growing area, Sao Paulo, is forecast to have lighter volumes than last year. Current estimates project a decline of 26 percent to 290 million boxes, according to a recently released report from the U.S. Department of Agriculture's Foreign Agricultural Service office in that country.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p>The smaller Brazilian crop is expected to put upward pressure on farm prices in Florida when the new harvest begins in October, said Matt Salois, an economist and director of economic and market research at the Florida Department of Citrus, as reported by The Ledger.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p>"It's a good thing having a lower crop as the Brazilians are; it will support Florida growers and processors," Salois said. "In general, things are looking up for a strong OJ market again next season."</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://www.theledger.com/article/20130725/NEWSCHIEF/130729518?p=2&amp;tc=pg&amp;tc=ar" target="_new"> Citrus Report</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">