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Market
How will orange juice market prices recover by the end of 2025?
2
Resolution / Starting Odds
Full recovery to pre-2023 prices • 25%
Partial recovery (prices higher than pre-2023 but lower than current) • 25%
No recovery (prices remain near current levels) • 25%
Worsening (prices increase further) • 25%
Market data and economic analysis reports
Story
Orange Juice Prices Surge to $476 per Pound Amid Adverse Weather and Crop Diseases in Brazil
May 29, 2024, 08:34 AM
Orange juice prices have surged to record highs, driven by adverse weather conditions and crop diseases in Brazil, the world's largest exporter. As of now, orange juice prices have reached $476 per pound, up from $207 at the beginning of 2023 and $146 at the start of 2022. Concentrated orange juice futures have also hit $4.92 per pound, nearly double the price from a year ago. Crippling shortages and rising prices are expected to impact consumers significantly and could fundamentally reshape the global orange juice industry, leading to a shift towards other fruit juices.
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