🔎 In W4 2022, US FCOJ (Frozen Concentrate Orange Juice) Futures reached its highest rate in 2 years. This rise was an immediate reaction to the USDA's status report confirming low orange production in the country.
While weather conditions, consumer trends, and COVID-19 are all fair game in generally explaining low production yields, orange producers in the US found themselves in a particular predicament this marketing year.
Learn more about the situation, production in other countries, and its effect on global market dynamics in this episode.
🎙🇿🇦 Tridge's Global Market Analyst Mzingaye Ndubiwa joined us from South Africa to share his insight into the situation.
📖 For more information on today’s episode, read our article on low US orange production here.
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