date:Jan 04, 2013
e down 19 percent since reaching a seven-month high on Dec. 19.
Florida didnt get cold, Sterling Smith, a market specialist at Citigroup Inc. in Chicago, said in an e-mail. The market is taking out most of the frost premium. Also, the good weather in Brazil is helping crops there, adding to the bearishness.
Brazil is the worlds largest orange grower, followed by Florida.