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Orange Juice Falls To Six-Month Low Amid ‘Dismal’ U.S. Demand
date:Aug 04, 2014
Orange-juice futures fell to the lowest since January as Americans are shunning the breakfast drink, driving down prices even as disease ravages groves in Florida, the worlds second-biggest citrus grower.

In the four weeks ended July 5, retail sales in U.S., the worlds biggest consumer, fell 8.3 percent from a year earlier to the lowest for the period since 2002, the Florida Department of Citrus said last week, citing Nielsen Co. data. In 2013-2014, world consumption will drop 3.4 percent, the

12/24 04:39