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Orange Juice

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Relatively modern when compared to other agricultural products, orange juice futures are a versatile and often volatile market with unique fundamental and technical considerations. Fresh squeezed or mixed from concentrate, orange juice is a popular beverage across the world. From the first juice production early in the 20th century to trading on the New York Board of Trade to the appearance of orange juice futures trading in a particular feature film, the frozen concentrated orange juice market has developed into a favorite focus for many traders and currently finds its home on the Intercontinental Exchange list of products.

Contract Size: 15,000 pounds of orange juice solids (3% or less).

Price Quote & Tick Size: Cents and hundredths of a cent to two decimal places; minimum tick is 5/100 of a cent per pound = $7.50 per contract therefore .10 represents $15.00 per contract

Contract Months: January, March, May, July, September, November.

Trading Specs: Futures trade electronically only on the Intercontinental Exchange 0700 to 1445 ET. Options floor trading hours are 1000 to 1330 ET.

Daily Price Limit: Ten cents per pound above/below the prior day settlement price. Limit is subject to expansion under certain conditions.