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Wednesday, May 10, 2006

Bears Getting Squeezed In O.J. Futures

Bears getting squeezed in O.J. futures: Orange Juice futures have been on a tear of late, climbing over 15 cents a pound in the last six trading sessions. Fundamentally, the market looks strong, with 2 consecutive years of a below average Orange production in Florida, a continuing threat of disease affecting Florida citrus groves, and increasing urbanization in south-central Florida-all factors pointing to lower Orange production. In addition, the Atlantic Hurricane season will officially begin on June 1st. Read More....