(Bloomberg) -- Orange juice in New York rose the
most in two weeks on speculation processors are taking
advantage of cheap supplies that may become more expensive as
the most active part of Florida's hurricane season nears.
Futures have dropped 34 percent this year partly on
forecasts that Florida, the largest grower after Brazil, will
produce a bigger crop in the harvest starting in October than
the season that wrapped up in June. Prices tend to rise sharply
as hurricanes move closer to Florida's groves.
Read more at Bloomberg Commodities News
most in two weeks on speculation processors are taking
advantage of cheap supplies that may become more expensive as
the most active part of Florida's hurricane season nears.
Futures have dropped 34 percent this year partly on
forecasts that Florida, the largest grower after Brazil, will
produce a bigger crop in the harvest starting in October than
the season that wrapped up in June. Prices tend to rise sharply
as hurricanes move closer to Florida's groves.
Read more at Bloomberg Commodities News
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