November 23, 2024

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Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally

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Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally
Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity RallyThe price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The commodity, made famous by its part in the “Trading Places” film, is expected to keep rising due to climate factors and Brazil’s worst orange harvest […]