O.J. Futures Await USDA Report:

O.J. futures await USDA report: The bull market in Orange Juice futures has taken a pause, as traders and analysts try to come up with an estimate for the 2006-07 Florida orange crop ahead of the USDA's estimate on October 12th. So far, private forecasters have reported a wide range of estimates, from as low as 128 million boxes to as high as 180 million boxes. The wide range of estimates is due to unknowns such as next season's weather or potential disease and its effects on the crop. Last week, the USDA lowered the final estimate on the 2005-06 crop to 148 million boxes, due to late harvest results. Read more....