Orange juice prices: Why we won’t see relief anytime soon

Orange juice prices have increased, as orange juice futures (OJ=F) hit a record high driven by lower domestic supply. The Florida orange crop is expected to yield 713,000 tons for the 2022 to 2023 season, which is the smallest level since the 1936 to 1937 season, according to Wells Fargo.

Yahoo Finance Reporter Brooke DiPalma discusses what is impacting orange juice prices. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.