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Market
Which company will face the highest increase in production costs due to the orange juice price surge by the end of 2024?
2
Resolution / Starting Odds
Coca-Cola • 25%
PepsiCo • 25%
Keurig Dr Pepper • 25%
Other • 25%
Financial reports from the respective companies
Story
Orange Juice Prices and Futures Soar to Record Highs Amid Brazilian Drought
Sep 7, 2024, 12:18 PM
Orange juice prices have reached all-time highs due to severe drought and widespread crop disease in Brazil, the world's top exporter. The plummeting global supplies have left soft-drink companies facing a dire situation, with many unsure how to manage the escalating costs. Orange juice futures are soaring to a new all-time high.
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