Why Your Next Glass of Orange Juice Will Cost You More

The video discusses the recent rise in orange juice futures, marking the longest rally in 16 months. The price increase is attributed to weather conditions affecting citrus production in Brazil and the USA. Brazil faces drought, while the USA experiences colder temperatures. These factors, combined with last season's low production due to a citrus disease, have led to concerns about supply. The video also highlights the rebound of OJ futures in New York and potential future price increases.

What is the primary reason for the recent surge in orange juice futures?

• Technological advancements in farming

• New trade agreements

• Drought conditions in Brazil

• Increased demand in Europe

Which country is the second-largest citrus producer affected by colder temperatures?

• Spain

• Mexico

• United States

• India

By what percentage did orange juice futures in New York rebound from a one-year low?

• 10%

• 25%

• 15%

• 20%

What was the lowest production year for US citrus since 1985 attributed to?

• New environmental regulations

• Increased export demands

• Citrus greening disease

• Labor shortages

What is the predicted price for March futures of orange juice?

• $1.80

• $1.70

• $1.60

• $1.50