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If you need help setting up services or accessing your accounts, please call our Customer Care Team at 866.552.9172 during business hours (7 a.m. — 5 p.m. PST, M-F) or email us at CustomerCare@AgWestFC.com.
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If you need help setting up services or accessing your accounts, please call our Customer Care Team at 866.552.9172 during business hours (7 a.m. — 5 p.m. PST, M-F) or email us at CustomerCare@AgWestFC.com.
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Navel and mandarin 2024 crop sizes to increase.
Estimates suggest navel and mandarin crop sizes will increase year over year by 2% and 38%, respectively. Pest damage is reportedly minimal and crop quality strong, though growers who did not apply treatments in a timely manner may face lower quality fruit. Most expect the larger supply to meet strong markets. Intense summer heat may impact the size profile of navels in central California. Juice prices are strong, particularly for organic Valencias. According to USDA’s latest Fruit and Tree Nut Outlook, California surpassed Florida as the largest orange producer in the U.S. in the 2023/24 marketing season.
While prices are up slightly year over year, lemon markets remain oversupplied due to excess production capacity and rising imports from Mexico and Argentina. Anecdotal reports suggest some producers are removing acres or not fully harvesting the 2024 crop.
September 11, 2024
Lemons: Slighty profitable - Neutral 12-month outlook
Oranges: Slighlty profitable - Neutral 12-month outlook
Lemon producers face relatively weak markets. With a solid 2024 crop expected, prices are unlikely to rebound.
Lower supply out of Florida accompanied by strong juice prices will support profitability for Valencia producers. Mandarin and navel crops are coming along with favorable quality and size, which should support prices.