Pre. Settlement | N/A |
Settlement Date | 2023-11-09 |
Open | 341.15 |
Bid | 340.10 |
Last Price | 341.60 |
Day's Range | 339.35 - 345.70 |
Volume | |
Ask | 341.75 |
Orange juice futures, cacao beans, and rice have hit all-time highs of late – while Chinese pork has slumped.
Tim Pickering: The two basic ingredients required for a commodity supercycle are both at play right now
Giants of the orange juice trade in Brazil have become defendants in a class-action lawsuit seeking $2.5 billion in damages over an alleged scheme to fix prices between 1999 and 2006, a prosecutor told Reuters. Federal Prosecutor Karen Kahn said the Sao Paulo Court of Justice will hear claims in a lawsuit filed against firms including Citrosuco, Cutrale and Louis Dreyfus Co (LDC), which account for most of the world's orange juice output.