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Orange Juice Jumps Most in a Week on Shrinking Brazil Crop

Bloomberg.com·Ana Mano, Dayanne Sousa·24 days ago
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Workers harvest oranges at a citrus farm in Aguai, Sao Paulo state, Brazil.

Photographer: Dado Galdieri/Bloomberg

Orange juice futures surged in New York on an outlook for a weaker harvest of the fruit in Brazil, the world’s top exporter of the juice.

The most-active orange juice contract rose as much as 5.8%, the biggest intraday jump in more than a week. Prices climbed by the exchange maximum of 10 cents, to $1.8320 per pound.

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