STAT Communications Ag Market News

USDA Boosts Orange Estimate

WASHINGTON - Apr 12/16 - SNS -- This year's orange crop is 4% bigger than previously forecast, but at 5.59 million tons, it is down 12% from last year, according to the USDA.

The Florida all orange forecast, at 76.0 million boxes (3.42 million tons), is up 7% from last month's forecast but down 22% from last season's revised final utilization. Early, midseason, and Navel varieties in Florida are forecast at 36.0 million boxes (1.62 million tons), unchanged from last month but down 24% from last season's final utilization. The Florida Valencia orange forecast, at 40.0 million boxes (1.80 million tons), is up 14% from last month but down 19% from last season's revised final utilization.

The California Valencia orange forecast is 10.5 million boxes (420,000 tons), unchanged from the previous forecast but up 11% from last season's final utilization. The California Navel orange forecast is 42.0 million boxes (1.68 million tons), unchanged from the previous forecast but up 7% from last season's revised final utilization. The Texas all orange forecast, at 1.57 million boxes (66,000 tons), is up 11% from the previous forecast and up 8% from last season's final utilization.

Florida frozen concentrated orange juice (FCOJ) yield forecast for the 2015-2016 season is 1.42 gallons per box at 42.0 degrees Brix, down 2% from the previous month's forecast and down 5% from last season's final yield of 1.50 gallons per box. The early and midseason portion is final at 1.35 gallons per box, down 5% from last season's final yield of 1.42 gallons per box. The Valencia portion is projected at 1.52 gallons per box, down 5% from the previous forecast and down 4% from last year's final yield of 1.58 gallons per box. All projections of yield assume the processing relationships this season will be similar to those of the past several seasons.


Utilized Production of Citrus Fruits by Crop - States and United States: 2014-2015 and
Forecasted April 1, 2016
[The crop year begins with the bloom of the first year shown and ends with the completion of harvest the
following year]
--------------------------------------------------------------------------------------------------------------
                              :     Utilized production boxes 1/      :  Utilized production ton equivalent
        Crop and State        :-------------------------------------------------------------------------------
                              :     2014-2015     :     2015-2016     :     2014-2015     :     2015-2016
--------------------------------------------------------------------------------------------------------------
                              :      ------- 1,000 boxes -------              ------- 1,000 tons ------
Oranges                       :
California, all ..............:       48,600              52,500              1,944               2,100
 Early, mid, and Navel 2/ ....:       39,100              42,000              1,564               1,680
 Valencia ....................:        9,500              10,500                380                 420
                              :
Florida, all .................:       96,950              76,000              4,363               3,420
 Early, mid, and Navel 2/ ....:       47,400              36,000              2,133               1,620
 Valencia ....................:       49,550              40,000              2,230               1,800
                              :
Texas, all ...................:        1,452               1,570                 62                  66
 Early, mid, and Navel 2/ ....:        1,170               1,350                 50                  57
 Valencia ....................:          282                 220                 12                   9
                              :
United States, all ...........:      147,002             130,070              6,369               5,586
 Early, mid, and Navel 2/ ....:       87,670              79,350              3,747               3,357
 Valencia ....................:       59,332              50,720              2,622               2,229
                              :
Grapefruit                    :
California ...................:        4,300               3,900                172                 156
Florida, all .................:       12,900              10,700                548                 455
 Red .........................:        9,650               8,200                410                 349
 White .......................:        3,250               2,500                138                 106
Texas ........................:        4,250               5,200                170                 208
                              :
United States ................:       21,450              19,800                890                 819
                              :
Tangerines and mandarins      :
Arizona 3/ 4/ ................:          170                (NA)                  7                (NA)
California 3/ ................:       18,500              22,000                740                 880
Florida ......................:        2,265               1,400                108                  67
                              :
United States ................:       20,935              23,400                855                 947
                              :
Lemons                        :
Arizona ......................:        2,000               1,500                 80                  60
California ...................:       20,600              21,000                824                 840
                              :
United States ................:       22,600              22,500                904                 900
                              :
Tangelos                      :
Florida ......................:          665                 390                 30                  18
--------------------------------------------------------------------------------------------------------------
(NA) Not available.
1/   Net pounds per box: oranges in California-80, Florida-90, Texas-85; grapefruit in California-80,
     Florida-85, Texas-80; tangerines and mandarins in Arizona and California-80, Florida-95; lemons-80;
     tangelos-90.
2/   Navel and miscellaneous varieties in California. Early (including Navel) and midseason varieties in
     Florida and Texas. Small quantities of Temples in Florida.
3/   Includes tangelos and tangors.
4/   Estimates discontinued in 2015-2016.

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