Market Outlook

 

Fruit and Tree Nuts Outlook: March 2020

Summary

 

Supplies in U.S. Citrus Market Drop

The 2019/20 citrus crop is forecast to be 7.63 million tons, down 4 percent from the previous season. Declines in overall production can mostly be attributed to smaller lemon, tangerine, and mandarin crops in California. Orange production in California has remained stable since last season. Citrus production in Florida has also remained stable with a 1 percent decline in orange production, and significant increases in grapefruit, tangerine, mandarin, and tangelo production over last year. Overall decreases in production of lemons, tangerines, mandarins, and tangelos are expected to result in increased imports, and higher prices compared with last year.

See the Fruit and Tree Nuts Outlook.

Last updated: Thursday, August 20, 2020

For more information, contact: Jaclyn Kramer