Orange juice groves survive frigid U.S. blast

|By:, SA News Editor

Orange groves in Florida appear to have been spared widespread damage after cold temperatures didn't extend far enough south to disrupt citrus groves.

In the futures market, OJ contracts were lower in early trading after shooting up close to 3% yesterday.

Higher orange juice prices continue to be a consideration for Coca-Cola (KO) and PepsiCo (PEP).