orange juice

Cotton and Orange Juice Futures See Bounce Amidst Hurricanes

Dan Citrus, Cotton, Industry News Release

Bloomberg News reports orange juice futures jumped 6.2 percent before Wednesday, the largest increase in 16 months, ahead of the feared landfall of Hurricane Irma in Florida. The scale-topping hurricane remains on track to threaten Southeast U.S. agriculture later this week. Florida is the nation’s top orange producer, and all of the state’s crop is at risk of moderate to …