Contract Cost Plus Form With Decimals In Orange
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FAQ
Orange Juice (FCOJ) Futures Markets The widely consumed drink plays a significant role in the commodities futures markets landscape, comparable to other soft commodities futures products such as sugar, coffee, and cocoa futures.
Frozen concentrate orange juice futures and options are traded at the Intercontinental Exchange (ICE). The ICE orange juice futures contract calls for the delivery of 15,000 pounds of orange solids and is priced in terms of cents per pound.
Trading Orange Juice (FCOJ) Futures FCOJ futures are traded at the InterContinental Exchange (ICE), formerly the NYBOT, formerly the Coffee, Sugar and Cocoa Exchange (CSCE).
The Direxion Breakfast Commodities Strategy ETF (BRKY) includes the aforementioned coffee, wheat, lean hogs (pork bellies) and orange juice (concentrate), along with corn and sugar commodities.
Frozen concentrated orange juice (FCOJ) futures have traded in New York since 1966, first on the New York Cotton Exchange, then on the successor New York Board of Trade. FCOJ futures were introduced on ICE in 1985.
The ICE orange juice futures contract calls for the delivery of 15,000 pounds of orange solids and is priced in terms of cents per pound. Prices - ICE frozen concentrate orange juice (FCOJ) futures prices (Barchart symbol OJ) posted their low for 2023 of 202.20 cents in January.
Soft commodities are best understood as grown commodities. Coffee, cocoa, orange juice, sugar, canola, corn, lumber, wheat, lean hogs, feeder cattle, etc. all go through a growth cycle that ends in harvesting—usually for further processing.
Orange Juice as a Commodity Orange juice is one of the most popular fruit juices in the world and is consumed in large quantities. Due to its popularity, orange juice has been traded as a commodity for many years. Frozen concentrated orange juice (FCOJ) futures contracts are traded on the ICE Futures U.S. exchange.
