Global orange juice prices are breaking records

Orange juice futures rose on expectations of a weaker fruit harvest in Brazil, the world’s largest juice exporter.

The most active contracts rose 5.8% in one trading session, their biggest gain in a week.

The current price per pound of the product is at $1.8320.

Brazil is expected to harvest just 255.2 million boxes of oranges in the 2026-2027 season, down 13% from last year and 15% below the average production over the past decade.

The main reason for the decline in volumes is attributed to adverse weather conditions during the flowering period and the spread of diseases in citrus groves.

The main factor in the decline in the harvest was the spread of citrus greening disease, which continues to affect trees in key agricultural areas of the country.

In addition, the results were affected by the unusually high temperatures of the previous year and the forecast of the natural phenomenon El Niño in the second half of 2026.

The average yield per hectare fell by 14% compared to the previous cycle, with negative dynamics observed among all orange varieties.

The global orange juice market continues to experience a supply shortage due to simultaneous problems in Brazil and Florida, where producers are also struggling with plantation diseases.

Despite the significant reduction in supplies, futures prices remain below the historical highs of 2024.

Experts explain this by a gradual change in consumer habits and a general slowdown in global demand for this product.

Tags: prices