Citrus World Markets and Trade of January 25, 2018

Citrus World Markets and Trade, Commodity reports

Citrus World Markets and Trade, Commodity reportsThe Citrus World Markets and Trade biannual report, published in January and July, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in citrus. Covers fresh oranges, orange juice, tangerines/mandarins, lemons and limes, and grapefruit.

The Citrus World Markets and Trade is issued by United States Department of Agriculture (USDA), more precisely, by FAS. The Foreign Agricultural Service (FAS) works to improve foreign market access for U.S. products, build new markets, improve the competitive position of U.S. agriculture in the global marketplace and provide food aid and technical assistance to foreign countries.

FAS has the primary responsibility for USDA's international activities market development, trade agreements and negotiations, and the collection and analysis of statistics and market information. It also administers USDA's export credit guarantee and food aid programs.

U.S. orange production continues the 20-year downward trend as reported in Citrus World Markets and Trade on Monday, January 25, 2018. You can download the full report in pdf format below at the end of the article.

Global orange production for 2017/18 is forecast to tumble 4.0 million metric tons from the previous year to 49.3 million as unfavourable weather leads to smaller crops in Brazil, the EU, and the United States, more than offsetting a slightly larger crop in China. Similarly, fruit for processing is expected to fall 3.7 million tons with orange juice production forecast down 16 percent to 1.7 million metric tons (65 degrees brix) on the production slide in Brazil and the United States. Exports, however, are flat as the lower supplies mainly affect processing oranges.

If you are interested, you can find all the previous Citrus World Markets and Trade reports on the USDA website. You can also read all the last important Commodity Reports.

pdf, format, file, download Report January 25, 2018

Seasonalgo, seasonal trading, spread trading, commodity market


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