Tuesday, July 31, 2007

Orange-Juice Futures Climb as Tropical Storm Chantal Forms in Atlantic

(Bloomberg) -- Orange-juice futures rose in New York
after Chantal, the third tropical storm of the Atlantic hurricane
season, formed between Bermuda and Massachusetts.

Chantal probably won't threaten land and will likely die out
in the next day or two while moving to the northeast, according
to the U.S. National Hurricane Center. Storm activity during the
Atlantic hurricane season, which runs from June 1 through
Nov. 30, usually increases in late July.


Read more at Bloomberg Commodities News

No comments: