jeremiahmurray
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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.
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.