In natura orange prices moved up during November in the Sao Paulo state, boosted by the lower supply, especially of pera. From Oct 31st and Nov 30th, this variety valuated 13 percent, closing at 13.84 reals or 7.73 dollars per box of 40.8 kilos (on tree) on Friday, Nov 30th.
A great part of citrus growers of Sao Paulo state has finished pera harvest activities. Other ones should completed them next weeks. On the other hand, the volume available of natal and valencia varieties has already enlarged in the domestic market. For a while, trades moved at a slow pace.
In the last report, the Institute of Agricultural Economy (IEA), from the Sao Paulo State government, forecasted a production at 353.1 millions box of 40.8 kilos in the 2007/08 crop. This volume is a little higher (0,28%) than that estimated previously. It is also bigger than the volume expected by farmers, due to the strongly drought that reached the state from August to October this year. Many citrus growers consider that the adverse weather has already reduced the next crop (2008/09), especially of the early varieties - hamlin and westin.
Until the first semester 2008, the weather conditions will depend on La Nina effects. In the Southeast of Brazil (where Sao Paulo state is located), the results are lower temperatures and dry weather alternated with strong rains in a short time. In Florida's citrus belt, the researcher Gene Albrigo alerts for the possible impacts of the La Nina in the future orange crop.