Orange Juice Falls in New York on Florida Rain, Decreased Hurricane Threat

(Bloomberg) -- Orange-juice futures dropped as rain
fell and the threat of damaging hurricanes diminished in Florida,
the world's second-biggest grower.

Rain in Florida's growing regions is aiding fruit growth
even as more moisture is needed, according to Meteorlogix LLC of
Woburn, Massachusetts. Weather conditions won't be ideal for
hurricane development for at least two weeks, said James Cordier,
president of Liberty Trading Group in Tampa, Florida.


Read more at Bloomberg Commodities News