+33 680 38 14 46
The biggest oranges producer plans its smallest harvest
Brazil
Friday 03 September 2010
FJ
Brazil, world Number 1, revises its harvest expectations downwards and expects its smallest harvest since 8 years.
Brazil, biggest oranges producer to the world planned that the harvest will be the most low since 8 years.
After the rains which damaged bloom, first estimations showed a decline.
Forecasts have just been revised in downwards after conditions of extreme drought which touched orchards.
New estimations plan a production of 280 million boxes that is a decline of 8,2 % compared to the last year harvest which had reached 305 million boxes.
The expected harvest would thus be the most low since 8 years for Brazil.
Source: mercopress, Bloomberg.
