Alico Has Lower Production but Higher Prices

Josh McGill Industry News Release, Production

Alico Inc. reported it had reduced orange production and lower pound solids per box during the six months that ended March 31. However, the company received higher prices per pound solids. For the period, Alico Citrus harvested approximately 4.1 million boxes of fruit, a decrease of 10.3% from the same period of the prior fiscal year. The decrease is principally related to fewer pieces …

Orange Crop to Decline in Europe

Josh McGill International, Production

European Union (EU) orange production is forecast at 6.1 million metric tons (MMT) for 2021–22 by the U.S. Department of Agriculture’s Foreign Agricultural Service. That’s 6% lower than the previous season and 3.3% lower than the EU’s 10-year average of 6.3 MMT. PRODUCTIONSpain and Italy represent 80% of the EU’s total production of oranges. The remaining 20% is distributed among …