INFORMATION TO THE MARKET
STOCKS AUDITED ON JUNE 30TH, 2021:
A survey carried out through an independent audit with each of the companies associated with CitrusBR and also consolidated by an external audit, found that the global inventories of Brazilian orange juice, converted into Concentrated and Frozen Orange Juice equivalent to 66 ° Brix (FCOJ Equivalent at 66 ° Brix), held by its associates, on June 30th, 2021, were 316,929.70 tons. It represents a 33% reduction from the 471,138 tons consolidated in the same period last year.
ORANGE PROCESSING AND JUICE PRODUCTION PROJECTED FOR THE SEASON 2021/22:
Due to the prolonged drought that affects the citrus belt of the State of São Paulo and Minas Gerais, associated with the frosts that occurred during July 2021, it is not possible, at this moment, to estimate the orange processing for the 2021/22 harvest. The conjunction of these two phenomena in the same harvest is unprecedented in the sector’s recent history, which raises additional caution in the projection of data given a possible crop failure. The Citriculture Defense Fund (Fundecitrus), a research institution with 44 years of existence and which has been working on crop estimates and re-estimates since 2015, will make a new announcement on September 10th, according to its annual release calendar. As soon as CitrusBR is aware of the effects of these climatic events on the supply of fruit, it will be possible to bring new information and projections to the market.
São Paulo, August 19th, 2021
Ibiapaba Netto
Executive-Director