Orange prices in Brazil set record highs in 2024, the Center for Advanced Studies in Applied Economics (CEPEA) in Brazil reported. According to CEPEA, the value of a 90-pound box was above BRL 100 ($16.63 U.S.) in the fresh market. The record price is explained by firm demand from the industry, which faced low orange juice (OJ) stocks and limited …
Rain Brings Relief but Brazil Orange Quality Still Low
Regular rains and mild weather in Brazil’s Citrus Belt of São Paulo and Triângulo Mineiro in late October brought relief for trees affected by prior lack of rain and high temperatures. The better weather may improve the quality of fruit that is still on the trees. But even with the return of rainfall, the 2024–25 orange crop has presented low …