In the last report for 2022/23, USDA added 100,000 boxes to Florida’s Valencia orange production, raising the count to 9.7 million 90-pound boxes. Total Florida orange production for 2022/23 was down 62 percent from 2021/22.

California’s Valencia crop did not in the end recover year over year as hoped for. Production in today’s report was lowered by 1.1 million 80-pound boxes, putting 2022/23 Valencias down 8 percent YOY and total orange production, at 44.0 million boxes, up 13 percent YOY but down 10 percent from 2020/21. Due to the shocking decline in Florida oranges this year, California supplied 72 percent of all U.S. oranges vs. around 48 percent during the previous two seasons.

Florida grapefruit production ended at 1.56 million 85-pound boxes of red grapefruit and 250,000 boxes of white grapefruit, down 45 percent and 50 percent YOY, respectively. Grapefruit production in California ended the season slightly higher than 2021/22, while the Texas crop improved year over year, producing 2.23 million 80-pound boxes, close to 2020/21’s output.

The full version of this commentary appeared on our IQ platform Jul. 12, 2023. Further information, statistics, and pricing for the FCOJ market are available to IQ subscribers. Learn more about becoming a subscriber.

Source: iStock
Posted by: Information Services
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