Dec. 18 at 8:07 AM
$OJ_F Orange Juice Futures: The Squeeze is Structural 🍊🐂
📉 The Setup: Trading near
$1.70/lb. This isn't speculation; it's a supply deficit. 🇧🇷 The choke point: Brazil controls the faucet, but 40% of the citrus belt is battling greening disease. 🌪️ The risk: El Niño droughts + limited inventory = Massive volatility on weather news. 🧬 The pivot: Look for "Drinkflation" in earnings from beverage giants—more blends, less pure juice to save margins.
Support holding firmly at
$1.60. Cheap juice is history.
$KO $PEP $FOOD.X
$JJSF #Commodities #AgTech