Day Trading & Forex Forum

jeremiahmurray

Orange Juice is a true “weather market.” Hurricanes, frost or drought in Florida and Brazil – two major citrus producers – can have a major impact on the market. Since the great majority of oranges grown in the U.S. are turned into frozen or fresh juice, the price of OJ is important.

Exchange

NYBOT

Trading Symbol(s)

Trading Hours

10:00 am to 1:30 pm. electronic trading hours: 7:00 a.m. - 3:15 p.m. ET

Trading Months

Futures – F, H, K, N, U, X
Options – F, G, H, J, K, M, N, Q, U, V, X, Z

Contract Size

15,000 pounds of orange juice solids (3% or less) quoted in cents per lb

Minimum Price Fluctuation

5/100 cent/lb., equivalent to $18.75 per contract

Margin Requirements

Margin requirements are subject to change and are currently showing as $2,240

For special notes and useful guides from market leaders, please visit http://www.learnaboutfutures.com/orangejuicecontent.php for reference about orange juice futures.