The forecast will be hosted by Southeast AgNet President Gary Cooper. Ag Statistics Administrator Bob Terry of the USDA/NASS will announce the citrus crop forecast numbers immediately after release, and industry reaction will be from Roger Corrado, a Frozen Concentrated Orange Juice (FCOJ) trader on the NYBOT floor, Dan Gunter, Executive Director of the Florida Department of Citrus (FDOC), and Bob Terry, USDA/NASS.
“The annual Citrus Crop Forecast has always been important to our industry, but I believe this year’s report will be especially significant,” said Roger Corrado, FCOJ trader at NYBOT. “Numerous weather-related issues such as last year’s hurricanes, the spread of the citrus canker, and many other issues have been having an effect on the orange juice market. I would encourage anyone in the citrus industry and anyone in speculative trading to tune in to this event.”
To hear the Citrus Crop Forecast webcast over the NYBOT website, go to www.nybot.com and click on the forecast link on the homepage. NYBOT’s Live on the Web program is a long-running series of educational seminars and events focusing on the “soft” commodities futures and options markets.
An archived version of the Citrus Crop Forecast event will be available.
The NYBOT FCOJ-A contract is for 1500 pounds of orange juice solids. The contract trades from 10:00 am to 1:30 pm (EST) and has a contract symbol of “OJ”.
Southeast AgNet Radio Network is a three-state agriculture broadcast news network syndicating ag news programs each weekday year-round on more than sixty radio stations in Florida, Georgia and Alabama.
The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, pulp, and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.
