The global orange juice industry faces an unprecedented crisis due to bad weather and disease in Brazil, the world's largest orange exporter. Orange juice futures have surged to record highs, nearly doubling in price over the past year. This situation has led manufacturers to explore alternative fruits like mandarins for juice production. Key Points: - Record...
Alongside apple juice, orange juice is one of the most popular juices in Central Europe. It is produced by pressing oranges and mandarins and has a sweet-sour taste. Use of the designation “juice” is defined in the Fruit Juice Regulation. According to this, drinks may only be labelled as juice if they are produced entirely from the juice or flesh of the relevant...
OJ1 Oranges have been building a higher low since spring of 2019 and completed the higher low in the Feb. 2020 crash. With broad commodities CRB having formed a long-term cycle low in the 1Q2020 and the global economy already heating up and many commodities already breaking out of their multi-year downtrends (Uranium, industrial metals, agriculture), it has...
I couldn't find any ETFs for oranges, I don't think one exists. In instances like this you have to get creative. In one of my value scanners, I found a citrus company $LMNR Limoniera. International citrus producer. I've been long this stock since it the mid-$14s. If the thesis on commodities, oranges, and global reflation turns out to be even somewhat correct,...
falling wedge pattern has occurred from the 1d and lower. Looking to go long since the price bounced off the support line very nicely. lotsizes and RR's are listed on the analysis as well and pictures of the further analysis on the 15 min chart will be listed as well. Make sure to check that out as well. trade safely as well guys.
falling wedge pattern has occurred from the 1d and lower. Looking to go long since the price bounced off the support line very nicely. lotsizes and RR's are listed on the analysis as well and pictures of the further analysis on the 15 min chart will be listed as well. Make sure to check that out as well. trade safely as well guys.