USDA has risen its Florida orange forecast by 100,000 boxes compared to it February forecast, but it still remains 35% below last year’s final production numbers.
USDA now predicts that this season’s totals will reach 11.6 million boxes, the majority of which are made up by Valencia oranges. The year-over-year decline is part of a larger trend, which has been largely caused by hurricanes.
According to Mark Hudson with USDA NASS, “It’s even lower than the hurricane season of two years ago, when you look at 11.6 for all oranges compared to just two seasons ago when it was 15.82 million boxes. And even with— during Irma, Irma was 45 million boxes, compared to 11 million boxes, but you can understand we have less trees and also, the yields are not as high.”
Hudson says that he blames lower yields on citrus green disease, which has now been discovered across most of the state of Florida.
Wheat futures briefly hit a three-month high before retreating as the markets wait for word on whether the deal will actually happen.
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Expect modest relief on several produce lines, mixed protein trends into holiday buying, and softer veg-oil costs — a good week to sharpen forward buys selectively.
November 04, 2025 11:29 AM
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According to Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh agreed to buy $1 billion worth of U.S. soybeans over the next year.
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A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
November 04, 2025 10:47 AM
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USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
November 04, 2025 10:20 AM
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Laramie Sandquist discusses Nationwide Agribusiness’s commitment to grain bin safety initiatives, including providing life-saving equipment and training to fire departments across the country.
November 03, 2025 01:13 PM
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