Orange Oil CP
Harvest: July - December
The picture remains fairly sad with no good news to report. As previously mentioned, the crops are suffering due to the presence of Citrus Greening (HLB) and the heavy rains that caused a lot of blossoms to fall earlier in the year.
In addition, late rains in July delayed harvesting, which has been attributed to this year’s El Nińo event.
We expect around 245 million boxes to be processed this year, down from 290 million in 2014.
The incidence of Huanglongbing disease (HLB) has expanded by 159% in Brazil’s citrus belt over the past three years according to the results of a new citrus disease survey announced by Brazil’s Citrus Production Defence Fund (Fundecitrus).
Greening is now present in nearly 18% of the orange groves in São Paulo state and the regions of Triângulo Mineiro and south-east Minas Gerais, which jointly form the citrus belt.
This corresponds to 35 million sick plants in the field, including 44% with severe HLB symptoms that can cause a fruit production loss of around 50% due to smaller fruit size and premature fruit drop.
The most affected micro-region is south São Paulo and its sub-regions of Limeira, Porto Ferreira and Casa Branca where around 42.5% of plants show HLB symptoms. Central São Paulo, which encompasses the sub-regions of Matão, Brotas and Duartina, follows with 23.5% of orange trees affected.
The results were obtained from a survey of a stratified sample of 24,200 citrus trees in the entire citrus belt, conducted in June and July. Fundecitrus also revealed that the incidence of citrus variegated chlorosis (CVC) fell by 82% since 2012 when Fundecitrus conducted its previous survey.
Currently only 6.77% of citrus trees show symptoms of CVC, down from 37.57% in 2012.
Market prices USD 7.00 /kilo