From a couple cents lower to almost 4 cents higher in just a few days... Front squeeze needing juice, bullish? Here is spread chart candle form, daily, Jan Juice over March, whoa! Quickly inverted. Cat peed on my keyboard, erratic typing, sorry! hefty volume for OJ, 1000+ both months. Closing fireworks? December parabolic, citrus greening devastating.
Thanks OJ-man.
I hadn't been following the juice but this is fascinating. Nothing about the weather suggests it's from weather........that I can tell.
But you got my attention.
https://www.tradingview.com/chart/OJ1!/h824xiFO-Start-flying-a-glass-of-orange-juice-for-250/
nice video about Orange Juice seasonality overdue, now!
Citrus Greening, spreading, all states
Nearly certain that OJ will climb about 20 to 40 cents in the next few days. Initial margin is only $1525. And every penny move is $150. So, a ten cent move is equivalent to the margin requirement.