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Orange juice futures higher on citrus greening, a crop disease

In its first Citrus report of the crop year that began Oct. 1, the USDA forecasts that Florida growers would reap 125 million 90-pound boxes of oranges. That would be the smallest harvest since 1989-1990, when a freeze hit the

Brazil orange harvest down 15%

The Brazilian orange harvest will be completed soon. Started last July, it should finish at the end of January, with a declining production. A Jan. 8 report from the Center for Advanced Studies on Applied Economics (CEPEA) in Sao Paulo, which monitors

Weekly Orange Juice: Watch For A Price Bump

I expect to see orange juice prices pick up as we may be under way with futures appreciating 7% this week. As one can see, prices are bouncing off oversold levels and while past performance is not indicative of future

Brazil Crops Shrivel as Amazon Dries Up to Lowest in 47 Years – Bloomberg.com

Drought in Brazil, the world’s biggest producer of coffee, sugar and oranges, is harming crops and drying the Amazon River to its lowest in 47 years. Sugar rose to the highest price in seven months in New York today and