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| User Info | Orange juice futures record high; entered at 2012-01-11 05:27:38 | |||
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Drench Posts: 28631 Registered: 2009-11-10 
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Quote:An FDA spokeswoman said a juice company anonymously called the government agency late last month to report the presence of the fungicide carbendazim. Quote:The news on Tuesday sent prices of the January contract soaring 9.7% to a record settlement as traders fretted that the appearance of the fungicide could lead to a sharp reduction in Brazilian orange juice imports. Quote:In just six trading days, frozen orange juice concentrate futures have soared 26%, settling at $2.1275 a pound on Tuesday on the ICE Futures U.S. exchange.wsj.com | |||