2020-09-04

Limoneira sells orange, specialty citrus groves in California

Limoneira Co., Santa Paula, Calif., has sold land near Lindsay, Calif., that had almost 300 acres of orange and specialty citrus groves.


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Inventories in the 19-20 crop increase, but that in 20-21 should decrease up to 49% Orange juice inventories ended the 2019-20 season (on June 30, 2020) on the rise, as already expected by agents from the Brazilian citrus market. According to CitrusBR (Brazilian Association of Citrus Exporters), the volume stocked by then totaled 471.138 thousand tons, a staggering 86% up compared to that in the previous season, due to the higher orange production.
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