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Brazil orange contracts delayed over U.S. tariff uncertainty

In mid-August, citrus growers in Brazil were still waiting for more consistent market behavior before closing contracts for the 2025/26 orange season. Only a few contracts involving small volumes had been concluded during the first half of the month.

The industry remains active in adjusting values in the spot market, with players showing a preference to monitor supply and demand conditions before finalizing new agreements. In previous years, contracts were usually closed during the first semester, but in 2025, the process has been delayed. The main reasons include the later crop, the downward price trend after March, and uncertainty linked to U.S. tariffs.

According to data from Cepea, the average price for oranges destined for industry reached BRL 46.69 (US$8.34) per 40.8-kilo box between August 11 and 14. This represented an increase of 2.8% compared with the previous period.

Source: Cepea