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Orange Juice Continues to Trade Lower This Week
Frozen concentrated orange juice (or FCOJ-A) futures this week were trading broadly lower compared to the levels a week ago.
How Orange Juice Prices Moved Last Week
Orange juice futures for the week ended June 30 reversed their trend in the last week to move higher on average for the whole week.
How Orange Juice Futures Traded for the Week Ended June 23
During the week ended June 23, 2017, orange juice futures, or FCOJ-A near-month futures prices, ended in negative territory week-over-week.
Is the OJ Contango as Bad as It Sounds?
Last week (ended June 16), FCOJ-A front-month futures in the US rose to $1.41 per pound from $1.39 per pound one week previously.