date:Feb 28, 2019
Orange juice production in Brazil, the worlds top exporter, will total just 874,000 tons in the 2018-19 production year that ends in June. Industry group CitrusBR said on Tuesday that this would be a 27.5% drop from the previous season.
According to a report from the group, which represents the countrys largest processors -like Citrosuco, Cutrale and Louis Dreyfus Company- carryover stocks at the end of the crop are projected to fall more than 41 percent to 200,000 tons (frozen concentrated equ