Consumers May Be Squeezed as Orange Supplies Slow — Panjiva
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Supply Chain Research

Consumers May Be Squeezed as Orange Supplies Slow

Ags - Fruit/Veg 133 Chile 102 Consumer Staples 760 Mexico 881 South Africa 44 U.S. 5317

The USDA reports that the Florida orange harvest is half what it was at the same time a year ago due to plant disease. Imports of whole fruit are led by suppliers in Chile, Mexico and South Africa. In September imports fell 16% on a year earlier, and have increased by just 6% in October. A similar picture can be seen in orange juice, where imports have fallen 36% in October after four monthly increases despite prices hitting an all time high. A significant increase in imports will be needed in November to avoid shortfalls for consumers.

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