Brazil, the world's largest orange juice exporter, faces its worst harvest in 36 years due to heatwave and citrus greening disease, causing a 24% decline in production.
Brazil, world's largest orange juice exporter, faces its worst harvest in 36 years due to a heatwave and citrus greening disease, causing a 24% decline in production for the current season, according to Fundecitrus. This is expected to have a significant impact on global orange juice supply, as Brazil accounts for about 70% of total exports. The last time production was this low was in 1988/89.
May 10, 2024
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