Orange Juice Falls On Late Reaction To USDA Report

Orange Juice falls on late reaction to USDA report: It was an ugly day for Juice bulls, as speculators bail out of long positions the day after an disappointing USDA Crop Production report. The USDA estimated the final Florida Orange Crop at 151 million 90lb boxes, down 2 million boxes from last months estimates. This was on the low end of analysts estimates of a decline of between 1 and 6 million boxes. The also left average yields unchanged at 1.63 gallons per box. Read More....