So far, the freezing weather in Florida has not destroyed Florida’s citrus crop, but futures traders are anticipating significant damage. Orange juice futures rose to a two-year high this morning to $1.50/lb.
From Sticky to Streaky, Inflation Looms Larger
Powell: Inflation Is Uncertain and the Forecasts Lack Conviction
Diesel Fuel Prices Surge Toward Levels Seen in the Last Two Inflation Shocks
The Fed’s Favorite Inflation Measure Leapfrogs the CPI
San Francisco Fed’s Daly: AI’s Future Is Job Augmentation and Creation, Not Destruction
So far, the freezing weather in Florida has not destroyed Florida’s citrus crop, but futures traders are anticipating significant damage. Orange juice futures rose to a two-year high this morning to $1.50/lb.