Orange-Juice Futures Post Longest Slump Since October
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Americans are drinking less orange juice and sending prices to the longest slump in eight months even as disease threatens groves in Florida.
In the four weeks ended June 7, U.S. retailers sold 36.99 million gallons, down 6.9 percent from a year earlier, the Florida Department of Citrus said June 23, citing Nielsen Co. data. Futures fell for the sixth straight session.