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Forecast Report Season 2019/2020
The production of
lemon is estimated at 290,000 tonnes.
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Orange juice drought: demand continues to fall
IHS Markit’s Agribusiness Intelligence notes production has risen in Florida and Brazil but falling demand in major markets such as the US and Europe has brought the FCOJ (from concentrate orange juice) price down by USD600/tonne in a year.
Acquisition by Pepsi Co of SA's Pioneer Foods under scrutiny
Competition authorities in the UK said yesterday that they were investigating the anticipated acquisition by PepsiCo of South African food and drinks company Pioneer Food Group.