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Industry Update

February 2021

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Fresh
Lime

Prices

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Fresh Key Lime Prices

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Yearly Averages

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2016 – 2020 Weekly Fresh Key Lime Prices to retail
Source: www.economia-sniim.gob.mx
Updated on December 2020

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Price vs

Processing
Volume

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Price vs Processing Volume

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Limes Processing Volume (cumulative)

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2018 – 2020 cumulative tons processed at Citrojugo
Source:  Citrojugo’s internal records. Updated on February 2021

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Limes Processing Volume (cumulative)

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2016 – 2020 Weekly Fresh Key Lime Prices to retail
Source: www.economia-sniim.gob.mx
Updated on December 2020

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Hectares

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Lime Crops - Hectares

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Economic

Enviroment

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USD/MXN Exange Rate

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2018 – 2020 Monthly USD/MXN rates
Source:  https://www.exchangerates.org.uk/USD-MXN-exchange-rate-history.html Updated on December 2020

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Crops

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Apatzingán

Apatzingán is now mostly into blooming period and already  a los of small fruits can be seen in the trees. Winter crop is looking good and most of the fruits are harvested in January and February.

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Tecomán

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Volume

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Hectares

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Global Gap Project

Before: 981 Acres Certificated

Actual: 1700 Acres Certificated

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What have we done?

We built warehouses for the
protection of fertilizers.

We installed bathrooms for our
workers at strategic points.

We put location signs.

We created the GG MANUAL to ensure
the application and maintenance of
our agriculture good practices.

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Sustainability

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Taking a step forward to take care of our planet.
We recently expanded our solar power systems in:

Adding more than 3,600 solar panels

Bringing us closer to NET ZERO Energy demand in our packing house in Mexico. An annual reduction impact on our carbon fotprint of 1,500 tons of CO2 not emitted to the atmosphere.

An efort equivalent to save combustion of 4,000,000 lt. of fossil fuels each year*

Been sustainable is NOT a trend or fashion,
is a philosophy to make crucial actions to preserve our world.

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After 4 years of negotiations with local and state governments, we finally got the approval for the construction of the first natural gas pipeline in Tecomán, where Citrojugo is located.

The inaugural ceremony will take place next February 18, with the presence of the state governor and local authorities. The pipeline will allow Citrojugo to have direct access to natural gas, a much cleaner burning than other fossil fuels. As a side benefit, Tecoman residents and other companies will eventually get access to natural gas as well, contributing to cleaner emissions in our community.

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