Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

http://www.businessweek.com/ap/2012-12-12/news-summary-oj-surges-on-florida-crop-forecast

AP News

News Summary: OJ surges on Florida crop forecast


ENERGIZED JUICE: Orange juice futures surged 3.2 percent after dry weather hurt Florida's crop. Traders also are concerned about the potential of frost damage during the winter.

FED SPEAKS: The Federal Reserve plans to take additional steps to help economic growth, including more bond purchases. Gold and other commodities have benefited from previous Fed bond-buying programs because low interest rates pressured the dollar. Commodities are priced in dollars so a weaker dollar makes them a bargain for traders who use other currencies.

SUMMING IT UP: Prices rose for gold, industrial metals, oil and soybeans. Natural gas, wheat and corn fell.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus