Citrus Shipping Forecast is Lowered by USDA Estimate

Citrus Shipping Forecast is Lowered by USDA Estimate

The USDA July 12 crop production report showed reductions in 2022-23 estimates for oranges, grapefruit and lemons but an increase for tangerines.

The July report said the U.S. all-orange forecast for the 2022-23 season is 2.52 million tons, down 1% from the previous forecast and down 26% from the 2021-22 final utilization. The Florida all-orange forecast, at 15.9 million boxes (714,000 tons), is up 1% from the previous forecast but down 62% from last season’s final utilization.

In Florida, early, midseason and navel varieties are forecast at 6.15 million boxes (277,000 tons), unchanged from the previous forecast but down 66% from last season’s final utilization. The Florida valencia orange forecast, at 9.70 million boxes (437,000 tons), is up 1% from the previous forecast but down 58% from last season’s final utilization.

The California all-orange forecast is 44 million boxes (1.76 million tons), down 2% from the previous forecast but up 13% from last season’s utilization, the report said. The California navel orange forecast is 37 million boxes (1.48 million tons), unchanged from the previous forecast but up 17% from last season’s utilization. The USDA said the California valencia orange forecast is 7 million boxes (280,000 tons), down 14% from the previous forecast and down 8% from last season’s utilization.

The Texas all-orange forecast, at 1.13 million boxes (48,000 tons), is up 8% from the previous forecast and “up significantly from last season’s utilization,” the report said.