Orange Juice Futures
February 20, 2008 – 7:37 pmThey are traded on the New York Cotton Exchange (NYCE), a subsidiary of the New York Board of Trade (NYBOT). Orange juice futures are based on frozen concentrate orange juice (FCOJ) products from either Florida or Brazil.
This futures and options market traditionally provide critical weather risk management tools to this highly dependent commodity weather market, especially sensitive to weather conditions in Florida and Brazil.
Contract size 15,000 pounds of orange solids (3%) from Florida and or Brazil only.