Wednesday, January 11, 2012

The Price of Orange Juice is set to increase dramatically...I think comedian Eddie Murphy has something to do with it! See video (and related real-life article) HERE...

See video below as to how the "marketplace" responded to this news... :)

Orange juice at 34-year high on fungicide fears

""The price of orange juice futures contracts hit a 34-year high on Tuesday after the main US food safety regulator said it would block imports containing a fungicide commonly used in Brazil, the leading producer of the citrus fruit.

The Food and Drug Administration’s announcement sent traders scrambling to prepare for the possibility of lower inventories in the middle of the US winter, when the New York futures market is most at risk of a harsh freeze in Florida’s orange groves. ""

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