US output falls
Brazil predicts 27% increase in 2017 orange harvest
Brazil's harvests are expected to increase by 27% to 18.2m tonnes, thanks to a boost to yields from "favourable" weather, which encouraged "good bloom and fruit set".
While Brazil sees a boost in production the US saw a 8.8% drop in output to 4.89m tonnes, which is the lowest production compared to data going back to 1965-66.
Citrus greening, a bacterial disease spread by insects, "continues to reduce area in Florida", which is responsible for nearly 60% of US orange production, the USDA said.
World stocks "are expected up 15% as Brazilian stocks double", the USDA said, pegging global inventories at the close of the season at 515,600 tonnes.
source: agrimoney.com
