The first official USDA forecast on the 2014/15 Florida orange crop was pegged at 108.0 million boxes, 3% higher than last season’s production. In August, trading house Louis Dreyfus forecast production at 96.6 million boxes and analyst Elizabeth Steger gave an estimate of just 89 million boxes. The Brazilian crop is progressing well, but the dry weather has meant that fruit sizing is small.
An extended apple crop in Poland is expected with the orchards forecast to produce a record 3.5 million tonnes of fruit.
The lemon crop in Argentina is now over and stocks are very low.
Demand for grape juice concentrate remains weak in Argentina.
The USDA forecasts the 2014/15 grapefruit crop at 15.0 million boxes - 4% less than last season’s production.
The winter pineapple crop in Thailand is slow to get going and increased pessimism on production has sent prices climbing higher.
Demand for Alphonso mango puree was reportedly subdued in October, which sources attribute to lower consumption in Europe.Dwindling supply of Totapuri products led to strong demand in October and interest at the SIAL food fair.
Price levels on the passion fruit concentrate market have dropped significantly over the past month