Commodities
Orange Juice Jumps Most in a Week on Shrinking Brazil Crop
Workers harvest oranges at a citrus farm in Aguai, Sao Paulo state, Brazil.
Photographer: Dado Galdieri/BloombergOrange juice futures surged in New York on an outlook for a weaker harvest of the fruit in Brazil, the world’s top exporter of the juice.
The most-active orange juice contract rose as much as 5.8%, the biggest intraday jump in more than a week. Prices climbed by the exchange maximum of 10 cents, to $1.8320 per pound.