orangeoilterpenes

ORANGE OIL & TERPENES


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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orangeoilterpenes

Orange Oil & Terpenes


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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orangeoilterpenes

Orange Oil & Terpenes


February 2017

The USDA estimates that total production for their season’s crop is 72 million boxes, almost 10 million less than last year’s total.  The continued loss of trees due to greening as well as the advanced age of healthy trees have contributed to the shortfall.  Estimates out of Brazil are 210 million boxes, down from a normal harvest of 300 million.  Prices continue to rise and there does not appear to be any relief this year.  




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americanmints

American Mints


July 2016

The 2016 US Peppermint and Spearmint Acreage report has been published.  Total acreage for all Peppermint is estimated at 60,300 acres up from a total of 57,300 in 2015.  Total acreage for Spearmint remains the same as 2015 at 26,800 acres. It is expected that prices for both products will ease from 2015 levels.




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orangeoilterpenes

ORANGE OIL & TERPENES


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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orangeoilterpenes

ORANGE OIL & TERPENES


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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