Orange is the new gold

As traders' screens bathe in red, with shares, gold and bonds all tanking, there's one soft commodity that's noticeably green. Orange juice futures were up two per cent earlier (currently up 1.1 per cent), according to this nifty table from FinViz.

The US Department of Agriculture has reduced its forecast for Florida's orange crop production for 2012/13 by a greater-than-expected 2.9 per cent to 134m boxes due to damage from citrus greening, a bacterial disease, with these concerns pushing futures prices higher.

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