Atypical rainfalls that reached Brazilian citrus areas in July stimulated some blooming in orchards of Sao Paulo state. From now on, however, it is important that the weather keeps dry. For a while, forecasts show few rains in August. In this year, information about the weather has been reflected strongly on international juice prices, due to the low global stocks.
In the domestic in natura market, higher temperatures have increased the consumption a little. On Wednesday, August 15th, pera orange averaged 11.08 reals or 5.46 dollars per box of 40.8 kilos, in tree, down only 0.4 percent over July 31st. Regarding the fruit delivered on citrus plant (spot market), after increasing continuously, the current average (harvest peak period) is of 11.50 reals or 5.67 dollars per box, decrease 2 percent in the first fortnight of this month.
On Wednesday, Aug 15, citrus consultant Elizabeth Steger forecast the 2007/08 Florida orange crop at 198 million boxes, much higher than the market had expected (between 160 and 170 million boxes). If confirmed, the crop would have 69 million boxes more than in the previous season (129 million boxes).