Brazil: Citrus Semi-annual
The Brazilian orange crop for 2017/18 (MY 2016/17) is projected at 471 million boxes, an increase of 34 percent compared to the previous crop, due to citrus groves showing high energy reserves and favorable weather patterns. Total frozen concentrate orange juice (FCOJ) production is forecast at 1.257 mmt, up 55 percent percent relative to the previous year, due to expected higher volume of oranges for crushing. FCOJ ending stocks are projected at 100,000 mt, 65 Brix, up 76,000 mt relative to the previous season, due to projected higher product availability.