U.S. Orange-Juice Demand Seen Slumping to Lowest in 30 Years

  • Futures enter bear market, defying Florida crop-disease woes
  • American consumers shift to broader array of beverages

The U.S. predicted Wednesday that domestic orange-juice demand will slump to the lowest in at least 30 years, as consumers shift to a wider array of beverages. Meanwhile, futures prices in New York entered a bear market, shrugging off prospects for the smallest Florida crop since 1964.

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