Orange Juice Futures Fall On Rising Supplies

May 23, 2012
Orange juice futures dropped below $1 a pound in intraday trading for the first time in two and a half years; futures for frozen concentrated orange juice have plummeted 40 percent this year due to weakening demand and increasing supplies since hitting an all-time high in January.

Orange juice futures dropped below $1 a pound in intraday trading for the first time in two and a half years; futures for frozen concentrated orange juice have plummeted 40 percent this year due to weakening demand and increasing supplies since hitting an all-time high in January, according to The Wall Street Journal. For the full story, click here