Global orange juice (OJ) production for 2020-21 is forecast 17 percent higher to 1.8 million tons. Production in Brazil and Mexico more than offsets the drop in the United States. However, global production continues its general long-term decline, according to the U.S. Department of Agriculture’s Foreign Agricultural Service. Similarly, consumption is projected to continue its long-term decline, although exports are forecast up with the rebound from Mexico.
OJ production in Brazil is forecast to rise 20 percent to 1.2 million tons on an increase in oranges available for processing. Consumption and stocks are both higher while exports are forecast unchanged. Brazil remains the largest producer and is expected to account for three-fourths of global OJ exports.
U.S. production is expected to be down 16 percent to 250,000 tons with the drop in available oranges for processing. Consumption and stocks are expected to be down as a result of the lower production and despite higher imports.
OJ production in Mexico is projected to more than double to 200,000 tons on a rise in oranges available for processing after last year’s drought-decimated orange crop. Consumption and exports are expected to climb, keeping stocks unchanged.
OJ production in the European Union is projected up slightly to 88,000 tons on an increase in oranges available for processing. Consumption is up slightly as higher production more than offsets lower imports. Brazil remains the top supplier to the European Union.
Read the full U.S. Department of Agriculture report here.
Source: U.S. Department of Agriculture’s Foreign Agricultural Service