Florida-grown oranges, which were once used to make more than 90% of the U.S.'s orange juice, might be going extinct, sending frozen concentrate orange juice futures to record highs.
WSJ’s David Uberti explains how volatility in commodity markets impacts the price you pay for products like orange juice.
Graphic: Miki Katoni
00:00 Why Florida’s oranges might go extinct 00:36 How frozen concentrate orange juice became a commodity 02:08 How commodities are traded 03:11 How futures contracts benefit farmers, manufacturers and financial traders 04:02 How futures prices impact retail prices
WSJ Glossary Markets and economics are complex. It's easy to be overwhelmed by a sea of wonky indicators and lose track of why they matter. This series breaks down the basic terms and ideas that move the markets.
