The Brazilian orange crop for Marketing Year (MY) 2021/22 is forecast at 414.4 million 40.8-kg boxes (MBx) or 16.91 million metric tons (MMT), an increase of 15 percent vis-à-vis the current season, supported by good weather conditions as of October 2021. Production costs are estimated at over R$33,000 per hectare or US$6,600/ha, up 27 percent compared to the previous crop, supported by high fertilizer, ag chemicals, and diesel prices.
Total Brazilian FCOJ 65 Brix equivalent exports for MY 2021/22 are forecast to be relatively stable at 1.04 million metric tons (MT), an increase of 30,000 MT compared to 2020/21.
As reported by Fundecitrus, the upcoming crop will likely represent an improvement from two consecutive small crops, resulting in a discontinued biennial bearing cycle characterized by the yearly alternation of large and small crops. Stressed citrus groves recovered from below-average rainfall volumes in 2020 and up to September 2021 and frosts in June/July 2021 in some of the growing areas.
Click here to read the full report.
Source: apps.fas.usda.gov