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Orange Juice Prices Climb to New Highs

Orange Juice Prices Climb to New Highs

Orange juice futures climbed higher into [record territory](https://www.wsj.com/livecoverage/federal-reserve-meeting-interest-rate-hike-february-2023/card/orange-juice-futures-reach-a-new-record-CTNV3fIUHyeA8nkghVLE) as federal agricultural forecasters further reduced their estimates for this year's puny crop. Forecasters trimmed their expectations for this year's orange crop 3.3% lower than their outlook a month ago. The U.S. Department of Agriculture now expects orange production to be about 2