Orange juice futures at two-year highs

So far, the freezing weather in Florida has not destroyed Florida’s citrus crop, but futures traders are anticipating significant damage. Orange juice futures rose to a two-year high this morning to $1.50/lb.

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5 Comments on “Orange juice futures at two-year highs”

  1. Gary H says:

    Oddly, prices of Florida strawberries here in central Massachusetts abruptly dropped ot the lowest I’ve seen in years. Maybe a flood of picked-before-the-frost berries hit the market all at once? If so, there should be a spike upwards when the flood passes.

    Home canners should be taking advantage!

  2. Dr. Duru says:

    Yeah, sounds like a great opportunity for home canners!

  3. […] Duru After reporting on prices at multi-decade highs for foodstuffs like tea, cocoa, and sugar and soaring prices for oranges due to the Florida freeze, we finally have a food commodity plunging in price. Today, corn prices […]

  4. […] Dr. Duru Florida’s freezing temperatures sent orange juice futures to two-year highs in January. The impact on the price of breakfast is upon […]

  5. […] thanks to orange juice prices By Dr. Duru Florida’s freezing temperatures sent orange juice futures to two-year highs in January. The impact on the price of breakfast is upon […]


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