Pear orange quotes may not oscillate as much this month
Piracicaba, 11th – Harvesting of the late oranges from the 2018/19 crop, which started in the first fortnight of August, should step up in September. Thus, with higher supply of other varieties, the farmers consulted by Cepea believe pear orange quotes (which have been higher than in 2017 since May/18, despite the crop peak) will not oscillate as much this month.
In light of the low pear orange supply this year, due to the weather, processors started to purchase late oranges (mainly valência) last month – only the fruits in the ideal maturation stage demanded by this segment were purchased. Therefore, the delivery of these varieties is expected to step up in the second fortnight of September, with a higher share of natal oranges.
In general, citrus farmers consider good the quality of the late oranges in irrigated orchards, since they can still grow until the harvesting steps up. However, on the farms with no irrigation, the drought has already affected production – either by staining the peel or by preventing the fruits from growing up.
PEAR – As for pear oranges, whose prices are over 34 BRL per box, on tree (for higher quality fruits), quotes are expected to increase even more until the end of the crop, since many farmers have reported low supply of that variety. In September, however, higher availability of late oranges should constrain significant price rises (since processors will still be selective regarding valência and natal purchases, until they reach the ideal standard for harvesting).
In August, pear orange quotes averaged 29.08 BRL per 40.8-kilo box in the in natura market, a staggering 77% up compared to the same period of August/17, in nominal terms. The boost came from low supply in São Paulo State in 2018/19, large purchases from processors from SP and the volumes already sold through mid and long-term contracts. Thus, if competition between processors increases, prices in the field may rise even more in the coming months. Pear orange productivity should have the sharpest decrease compared to 2017/18, at 31.2%.
TAHITI LIME – Tahiti lime quotes also increased in August. According to Cepea collaborators, many farmers interrupted harvesting, aiming to push up prices again – once the variety, still green, may stay longer on trees. Besides, international demand increased in that period too. Thus, between August 1 and 31, tahiti lime quotes averaged 35.75 BRL per 27-kilo box, harvested, 21.4% up compared to that between July 2 and 31.
Tahiti lime supply is expected to continue low next month, which may boost prices. In the off-season period (from September to October), many of the fruits still on tree will not have reached the ideal size and color to be harvested. Farmers believe tahiti lime volumes will increase only in November – if it rains during these months and if the volume is enough to favor fruits development on tree.
Tags: Brazil, citrus, demand, industry, juice, late, mid-season, orange, pear, supply