The orange supply available in the Sao Paulo state, the major world citrus producer, keeps limited. The 2007/08 crop was already concluded. Besides, the hamlin and westin early varieties have not reached the ideal point of maturation yet.
In this context, the westin has valuated 8.56 percent in Real from Feb 29th to Mar 14th, averaging 13.57 reals or 7.94 dollars per box of 40.8 kilos (on tree price) on Friday, Mar 14th. For the hamlin, on the other hand, there was a decrease of 1.25 percent in Real, at 12.64 reals or 7.39 dollars per box (on tree). Some growers are facing difficulties to offer this variety to the market, due to the lower quality of the fruit - then, they traded at lower values.
In Florida, the harvesting is in full swing. At this moment, growers have been starting activities related to the valencia variety, since they have already finished the harvesting of early and mid-season varieties.
According to the latest USDA report published last Tuesday, the 2007/08 Florida's orange crop production should total 167 million boxes of 40.8 kilos, which represents an increase of 1 million boxes over the previous projection. The raise was linked to early and mid-season varieties. (Cepea - Brazil)