Orange juice, coffee futures fall sharply; Energy contracts slip and metals close mixed
Orange juice futures are sharply lower after Florida said consumer demand fell last month.
Coffee prices fell as Vietnam began harvesting what many expect to be a large crop.
Energy and metal prices mostly fell Tuesday as traders anticipated less economic stimulus from the Federal Reserve.
Coffee for December delivery fell 4.3 cents, or 3.6 per cent, to $1.1495 a pound. November frozen concentrated orange juice fell 8.15 cents, or 6 per cent, to $1.2755 a pound.
Other crops were mixed. December wheat rose 1.75 cents to $6.43 a bushel.
Benchmark oil for October delivery fell $1.17, or 1.1 per cent, to $105.42 a barrel in New York. Gold fell $8.40 to $1,309.40 an ounce.
News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community? Create a free account to comment on stories, ask questions, and join meaningful discussions on our new site.
Leave a Reply
You must be logged in to post a comment.