How can I invest in orange juice?

How can I invest in orange juice?

A popular way to invest in orange juice is through the use of a contract for difference (CFD) derivative instrument. CFDs allow investors to speculate on the price of FCOJ. The value of a CFD is the difference between the price of FCOJ at the time of purchase and its current price.

What is orange juice stock symbol?

OJ=F – Orange Juice Jan 22

Last Price	123.65
Day’s Range	122.50 – 126.70
Volume	1,454
Ask	123.25

Is orange juice traded on the stock market?

Orange juice is one of the few actively traded contracts in the futures markets that’s based on a tropical fruit. Because oranges are perishable, the futures contract tracks frozen concentrated orange juice (FCOJ).

What is orange juice commodity?

Orange juice is one of the only actively traded contracts in the futures markets that’s based on a tropical fruit: oranges. Because oranges are perishable, the futures contract tracks frozen concentrated orange juice (FCOJ).

What is the average price for orange juice?

This statistic depicts the monthly price evolution of orange juice in the United States from 2016 to 2020. In February 2016, the average price of 16 ounces of orange juice was approximately 2.75 dollars. That figure had decreased to 2.32 dollars in February 2020.

Is Frozen orange juice a commodity?

Combined with the expansion of modern home refrigeration, frozen concentrated orange juice (FCOJ) brought orange juice to millions of consumers. Today, FCOJ is a popular global commodity traded on futures exchanges and part of the multi-billion dollar orange juice industry.

What does FCOJ stand for?

FCOJ

Acronym	Definition
FCOJ	Frozen Concentrate Orange Juice (usually 65 percent sugar solids)
FCOJ	Florida Concentrated Orange Juice

Is Frozen concentrated orange juice traded?

What’s the best orange juice?

We Tried The Most Popular Orange Juices — And There Was A Clear Winner

• 7 Trader Joe’s. Parker Feierbach.
• 6 Florida’s Natural. Florida’s Natural.
• 5 Minute Maid. Minute Maid.
• 4 Natalie’s. Natalie’s.
• 3 Uncle Matt’s. Uncle Matts.
• 2 Simply Orange. Simply Orange.
• 1 Tropicana. Tropicana.

How much does orange juice cost in 2020?

In February 2016, the average price of 16 ounces of orange juice was approximately 2.75 dollars. That figure had decreased to 2.32 dollars in February 2020.

What is the market price of oranges?

In 2020, the retail price of navel oranges was about 1.33 U.S. dollars per pound in the United States.

Are orange juice Futures real?

The FCOJ-A futures contract is the world benchmark contract for the global frozen concentrated orange juice market. The contract prices physical delivery of U.S. Grade A juice (with grading performed by the U.S. Department of Agriculture), in storage in exchange licensed warehouse in several U.S. delivery points.