ORANGE JUICE CROP UPDATES - Q3 2025

USA – Florida

The USDA’s latest forecast for Florida’s 2024/25 orange crop stands at 11.6 million boxes, showing a marginal increase of less than 1% from the previous estimate. However, this figure represents a significant 36% decline compared to last season’s final production.

The non-Valencia orange forecast has been slightly adjusted downward to 4.58 million boxes, which includes a navel orange projection of 100,000 boxes. Meanwhile, the Valencia orange forecast shows a small upward revision to 7.05 million boxes.

Brazil

The Brazilian orange industry is anticipating a significant rebound this season, with Fundecitrus releasing its first official forecast of 314.6 million boxes for the 2025/26 crop. This represents a substantial 36% increase over last season’s production of 230.9 million boxes, potentially adding an extra 200,000 tonnes of FCOJ equivalent to global supplies.

Harvesting operations have begun with early varieties like Hamlins, and the campaign is expected to reach full swing within the next six weeks. Juice yields are currently at 300–310 boxes per tonne of FCOJ, with Hamlin ratios between 10–13, which are normal for this stage.

Favourable weather, moderate temperatures, and adequate rainfall are supporting crop development. Most fruit comes from the second bloom, offering more uniform quality but possibly a shorter harvesting window. Quality will largely depend on growers allowing fruit to mature fully.

Spot market prices have declined to BRL 43–47 per box from BRL 50–66 last month. Although higher output may ease last season’s supply constraints, quality improvements will rely on harvesting practices and bloom development.

Mexico

Mexico’s 2024/25 orange processing season has ended, with processed volume finishing 20% above estimates despite a 30% overall crop yield decline.

Juice yields averaged 250–260 boxes per tonne of FCOJ, with favorable ratios of 14–15. Mexico’s highquality juice stocks have helped balance lower-quality supplies from Brazil and Florida.

Demand from the U.S. remains strong. While most FCOJ and NFC supplies shipped during the season, limited inventories are being held for later deliveries. Mexico remains a vital supplier amid global adjustments in supply.

EU Orange Juice Production

Supplies in Europe remain tight as the 2024/25 season ends. In Spain, orange volumes for processing are down 15–20% due to poor flowering conditions. Italy has seen a modest 5% recovery but is still below normal production levels.

Futures & Market Outlook

The market continues to face weak demand and fluctuating supply. With Brazil’s harvest progressing, global stocks may not reach critically low levels as feared.

Demand remains low in Europe, with reconstituted orange juice down 30% year-on-year. NFC juice is performing slightly better, with only a 10% decline.

Florida’s hurricane season and Brazil’s crop progress are keeping prices volatile. Analysts anticipate a cautious market approach in the months ahead.