CitrusBR PRESS RELEASE Commitment to Transparency
The Brazilian Association of Citrus Exporters - CitrusBR informs that the orange crop for the 2011-2012 season in the Citrus Belt of the State of São Paulo and in the region known as “Minas Triangle” is estimated at 387 million boxes of 40.8 kilos. This forecast was elaborated individually by each of the associated companies and the results were consolidated by an independent audit firm. This season starts with the international inventories of Brazilian orange juice reaching their lowest level in the recent history of the Brazilian processing industry. Data gathered by audit firms in each of the associated companies and later consolidated by an independent audit firm indicated that the global inventories of Brazilian orange juice on March 31, 2011 were at 424,702 tonnes - converted into FCOJ 66 Brix equivalent.
For comparison purposes, also informs that the global inventories of Brazilian orange juice on the same date in previous years were: March 31, 2008: March 31, 2009: March 31, 2010: March 31, 2011:
798,792 tonnes 805,184 tonnes 574,604 tonnes 424,702 tonnes
Ribeirão Preto, May 2, 2011
Christian Lohbauer Executive President CitrusBr