(Bloomberg) -- Orange-juice futures fell the most in
a month as rain aids trees in the main citrus-growing area in
Brazil, the world's largest producer.
Sao Paulo state will get rain the next five days, according
to weather forecaster Climatempo. Brazil's orange crop will rise
to 18.3 million tons, the government's statistics agency said
May 10, raising its March estimate. Production had been expected
to fall to 17.9 million tons from 18.1 million last year as
farmers switch acreage to sugarcane to meet ethanol demand.
Read more at Bloomberg Commodities News
a month as rain aids trees in the main citrus-growing area in
Brazil, the world's largest producer.
Sao Paulo state will get rain the next five days, according
to weather forecaster Climatempo. Brazil's orange crop will rise
to 18.3 million tons, the government's statistics agency said
May 10, raising its March estimate. Production had been expected
to fall to 17.9 million tons from 18.1 million last year as
farmers switch acreage to sugarcane to meet ethanol demand.
Read more at Bloomberg Commodities News
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