Limited global supplies continue to support orange juice prices
Global orange juice production for the 2022/23 marketing year has seen a downturn of 9%, with total production at 1.5 million tonnes. Despite robust global orange juice consumption, exports are expected to fall due to constrained global supply, according to the USDA. Brazil is the biggest orange juice producer and exporter, accountable for over 70% of the world's orange juice market.
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