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Barchart
Barchart
Jim Wyckoff

Changing Consumer Tastes Are Likely Permanently Changing Orange Juice, Cotton Futures Prices

Frozen concentrated orange juice (FCOJ) prices are poised to close out the month of April at the lowest level in over four years. The FCOJ market has seen a dramatic decline in prices over the past 20 months. After reaching a record high of $5.89 a pound, basis nearby futures, in September 2024, nearby FCOJ prices (OJK26) are presently trading around $1.47 a pound.

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