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The Independent UK

Martha McHardy

Out of juice: Prices of OJ are reaching all-time highs as climate-fueled extreme weather devastates industry

United States Brazil CNBC Florida The Associated Press Rabobank

Copyright 2024 The Associated Press. All rights reserved

Orange juice prices have reached an all-time high amid climate-fueled extreme weather that has devastated the industry.

Frozen concentrated orange juice futures, traded on the Intercontinental Exchange in New York, closed at $4.29 per pound on Monday — nearly double the price registered a year ago.

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