Orange juice prices soar as US harvests anything but sweet

By Agence France-Presse

Nov 02, 2023 12:08 am

Chicago-listed futures contracts for frozen orange juice concentrate climbed to $4.3195 per pound (approximately 450 grams).

A key factor behind the surging price is a cratering inventory, which has almost halved since the same time last year and is barely a quarter of 2019 levels.

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