Monday, July 23, 2007

Orange Juice Falls Most This Month as Rains Boost Growth of Florida's Crop

(Bloomberg) -- Orange-juice futures fell the most
in more than three weeks after rains improved growing conditions
in Florida, the biggest supplier of U.S. juice.

Showers brought moisture to groves that are still under a
moderate drought watch, according to Meteorlogix LLC in Woburn,
Massachusetts. More rain is expected in the next seven days in
Lakeland, Florida, in the state's largest citrus-producing
county, without any risk of hurricanes.


Read more at Bloomberg Commodities News

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