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Orange juice prices have always been volatile and highly dependent on the weather. But the record-high prices the world is seeing for OJ right now may be on the table for a while.
Those price increases are turning off inflation-weary consumers.Orange juice consumption has fallen 15% to 25% in major global markets — including the U.S. and the European Union — over the ...
Orange juice prices have always been volatile, falling when bumper harvests create an oversupply of oranges and rising when frost or a hurricane knocks out fruit trees. Skip to content.
Though inflation has come down a bit, orange juice prices are still eye-wateringly high. Here's why it's expensive, and why this might not change in the future.
A future contract for a pound of frozen orange juice concentrate currently trades for $5.13 (£4.08), compared to $1.20 in 2021. Today’s price is close to the all-time high of $5.80 reached in ...
If you haven’t bought any orange juice lately, now certainly isn’t the time. As predicted, the price of OJ has gone up significantly.. In fact, it's at an all-time high, double what it was a ...
High orange juice prices may be on the table for a while due to disease and extreme weather. ... the price of fresh orange juice rose 25 per cent over the past year, ...
According to Trading Economics, the price of orange juice reached an all-time high of 589 USD/Lbs in September 2024. The price had been rising for quite some time. The sector, concentrated mostly in ...
MOGI GUACU, Brazil - The price for orange juice could remain high due to the diseases and extreme weather ravaging orange groves in some top-producing countries.. This year’s harvest in Brazil ...
High orange juice prices may be on the table for a while due to disease and extreme weather by DEE-ANN DURBIN and TATIANA POLLASTRI, Associated Press - 06/14/24 11:13 AM ET ...
This year’s harvest in Brazil, the world’s largest exporter of orange juice, is likely to be the worst in 36 years due to flooding and drought, according to a forecast by Fundecitrus, a citrus ...
Scarce supplies have sent prices soaring. In the U.S., a 12-ounce can of frozen orange juice concentrate cost an average of $4.27 in April, 42% more than during the same month a year earlier ...