OJ Prices Beaten to a Pulp

The market's crashing prices represent a reversal from last year, when the twin threats of Brazil's drought and Florida's citrus greening disease, which causes oranges to drop from trees before they are ripe, prompted futures prices to rocket to $2.25 a pound as juice makers scrambled...

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Veröffentlicht in:Barron's 2017-05, Vol.97 (22), p.M12
1. Verfasser: Wernau, Julie
Format: Artikel
Sprache:eng
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Zusammenfassung:The market's crashing prices represent a reversal from last year, when the twin threats of Brazil's drought and Florida's citrus greening disease, which causes oranges to drop from trees before they are ripe, prompted futures prices to rocket to $2.25 a pound as juice makers scrambled for fewer oranges. Orange growers can get as much as $2.85 a pound for Florida oranges, which are now mostly being used to produce other forms of juice, according...
ISSN:1077-8039