Brazilian Orange Juice Sales to US Jump with a Little Help from Hurricane Wilma

Brazilian orange juice exports may grow as much as 50% this year, thanks to hurricane Wilma, which hurt production in Florida, in the United States (US), according to the president of the Brazilian Association of Citric Fruit Exporters (Abecitrus), Ademerval Garcia. Brazil is the world’s largest producer and exporter of orange juice.

"The United States is the second largest producer of oranges, but they suffered four hurricanes last year, which represents a big break in their production. This sequence of climatic events there winds up producing a greater demand for Brazilian orange juice. Brazil is the only country capable of supplanting the United States in terms of quality, quantity, and velocity to produce the surplus they require," Garcia affirms.

According to Garcia, orange juice sales rose 50% in 2003 and 2004. "This year we did not expect to repeat last year’s performance, but with what has just happened, it is possible that we will maintain last year’s level. Which represents something on the order of US$ 230 or US$ 250 million."

He went on to say that the desired increase in juice exports will not influence the price of the product on the domestic market, because the country has adequate reserves.

Garcia, who is a representative of the exporters, emphasized the importance of technological investment in orange production.

"Ten years ago, 1% of the area was irrigated; now we have 15%, which represents a very solid scientific investment. I would say that there is a balance between science, technology, demand, agricultural technique, and very sophisticate commercial investment in the Brazilian orange sector at this time."

Agência Brasil

Tags:

You May Also Like

Brazil’s Labor Minister Boasts Country Is Starting Year at Full Power

Figures disclosed by Brazil’s General Records Office for Employment and Unemployment (Caged) show that ...

Brazil President Wants Oil Money to Fight Poverty and Improve Education

Brazil's President, Luiz Inácio Lula da Silva, used event in Vitória, capital of the ...

In Brazil, I Found Out, Magic Is an Everyday Reality

There is a church in Curitiba that blesses cars. When I first heard this, ...

Brazil Ex-Mayor to Be Tried By Jury for Death of Journalist

One of Brazil's highest federal courts, the Superior Tribunal of Justice (STJ), ruled on ...

Brazil’s Ex-Chief of Staff Denies Everything, But Doesn’t Convince Congress Committee

During more than seven hours of testimony before the Brazilian Congress’s Ethics Council (Conselho ...

Brazilian Software Ready to Conquer Arab Market

A group of six Brazilian companies in the field of software hope to win ...

Brazilian Adman Says Ex-President Cardoso’s Party Bilked Him of US$ 3.9 Million

Brazilian advertising executive, Marcos Valério, told Brazil’s Joint Parliamentary Investigation Commission that is probing ...

85% of Brazilians Want Their Senate Chief Ousted from Congress

An opinion poll carried out by Ipsos for Brazil's daily newspaper O Estado de ...

Brazilian Market Getting US$ 12 Billion Injection to Deal with Crisis

The global financial crisis sparkled by the US mortgage debacle has prompted the Central ...

Brazil Police Raid the Amazon Forest in Search of Invaders of Public Land

Brazil’s Federal Police (PF) agents went on a raid last week exercising 22 search ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`