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Market
Will Brazil's orange juice export volume decrease by more than 20% in 2024 compared to 2023?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official export data from Brazil's Ministry of Agriculture
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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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by over 10% • 33%
Increase by less than 10% • 33%
Decrease • 34%
Yes • 50%
No • 50%
Increase by over 20% • 25%
Increase by 10-20% • 25%
Stable (+/- 10%) • 25%
Decrease • 25%