orangeoilderivatives

ORANGE OIL & DERIVATIVES


October 2017

As of this writing, total damage to Florida’s Orange and Grapefruit crops has not been established. Estimates on Orange run anywhere from 30% to 75% of crop damaged while Grapefruit seems to have survived better. It will take some time before actual figures are in though it is safe to say that yield, which was originally greater than last year’s 68 million boxes, will be significantly lower.




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orangeoilderivatives

Orange Oil & DERIVATIVES


September 2017

Reports continue to advise that the Brazilian crop will be quite large. Good weather conditions have led to a large amount of fruit becoming available. With reports of unfulfilled contracts that need to be satisfied, prices may not soften as much as some might hope. It appears that the major processors have not yet made any offers. Prices have eased slightly.




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orangeoilderivatives

ORANGE OIL & DERIVATIVES


January 2016

The December report from the US Department of Agriculture has reduced the total production of Oranges to 49.6 million boxes.  This is down from 80 million in October, and 74 million in November.  Reports from Brazil state that the new crop will be 220 million boxes, down from last year’s total of 264 million.  In line with this deterioration, prices on Oil and Terpenes continue their dizzying climb.




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orangeoilderivatives

ORANGE OIL & DERIVATIVES


December 2015

The Department of Agriculture has lowered its monthly projection for the 2015-16 Florida crop from 80 million boxes of Valencia and non-Valencia to 74 million boxes.  This puts the total at 75% of last year’s already smaller than usual crop.  As reports from Brazil continue to reduce crop estimates, there are currently no offers from major Brazilian processors.  Prices continue to firm and there are expectations that they will rise beyond historical highs.

 




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