Soft commodities · OJ

Orange juice price

Orange juice currently trades at US$167.36 per pound (≈ €142.33 · £124.73) — 97.95% below the 12-month high. Over the past 12 months it has lost 39.79%, with the annual range running from US$132.50 to US$8,169. 24-hour movement is minimal (±0.00%).

US$167.36 / pound
≈ €142.33 ≈ £124.73 Unchanged 24h 0% within the 52-week range
FX Editorial Team · Data updated: · Editorially verified
Orange juice (OJ) price today US$167.36 / pound, ↑ +0.00% (24h)

Orange juice chart

Interactive chart and 30-day overview

7 days
▲ +1.77%
+US$2.91
30 days
▼ −4.90%
−US$8.63
1 year
▼ −39.79%
−US$110.61
52-week range
US$132.50 0% US$8,169
Orange juice (OJ) 30-day price chart — USD, EUR, GBP

The Orange juice chart shows how the orange juice price has moved over time. The interactive view lets you switch the timeframe (from 7 days up to MAX), the currency (USD / EUR / GBP) and overlay moving averages. Click any two points to measure the percentage change between those dates.

How is orange juice priced?

Orange juice is quoted per pound (1 lb = 0.4536 kg) on the major US futures exchanges, including the COMEX, CME and ICE. The pound is the legacy commercial unit for North American agricultural and metals contracts.

At US$167.36 per pound, one kilogram costs about US$368.97. Industrial buyers usually negotiate in tonnes, while retail or specialty trade still references the pound — particularly for soft commodities and base-metal cathodes.

What drives the price of orange juice?

The main structural risk in the orange juice market is citrus greening disease — a bacterial infection known as Huanglongbing (HLB), spread by the Asian citrus psyllid. The disease is caused by the Candidatus Liberibacter asiaticus pathogen, which multiplies in the tree’s vascular system. There is currently no cure. Infected orange trees gradually produce smaller, bitter fruit with a greenish peel, then die. Florida’s citrus industry — once the backbone of US orange juice supply — has fallen sharply because of HLB. USDA Florida Citrus Statistics show that the state’s orange harvest has shrunk to a fraction of its historical peak, with many traditional groves abandoned or switched to other crops. Research continues — resistant hybrids, antibiotic injections and CRISPR-edited rootstocks — but no structural solution is yet available. HLB risk therefore remains embedded as a persistent premium in New York OJ prices.

The global FCOJ export market is clearly dominated by Brazil. The country accounts for about 80% of global FCOJ exports, according to CitrusBR and FAO Citrus Market data. Most production is concentrated in northern and central São Paulo state, especially the Triângulo Mineiro area and the São Paulo–Minas Gerais border region, where a warm, wet climate and red cerrado soils suit orange cultivation. Weather in this region directly moves prices. Drought, frost risk in southern groves and El Niño cycles all leave a visible mark on New York OJ futures. The market closely follows the annual Reestimativa da Safra crop estimate from Fundecitrus (Fundo de Defesa da Citricultura), as well as the Brazilian real (BRL) exchange rate against the dollar. A weaker real allows Brazilian exporters to price FCOJ more aggressively, putting downward pressure on the global benchmark.

A shorter-term price driver is the Atlantic hurricane season from June to November. Florida’s peninsula geography leaves it highly exposed to tropical storms. A single major hurricane can strip flowering or ripening oranges from trees within hours, damage trees physically and cause root loss through flooding. After a serious Florida hurricane warning, OJ futures can often jump several per cent intraday, as liquidity depth in the relatively small contract is limited. On the demand side, orange juice consumption has been falling for years in developed markets such as North America and Western Europe. Coffee, plant-based drinks, water and functional beverages have taken share, while perceptions around sugar content also weigh on purchases. A glass of orange juice contains a similar order of natural sugar to a soft drink. Supply shocks therefore create price spikes in a demand environment that is structurally shrinking. The market sits in an unstable balance.

How to invest in orange juice

Owning physical frozen orange juice concentrate is not practical for retail investors. The product must be refrigerated, is traded in industrial quantities and moves through closed B2B supply chains serving food and beverage buyers such as Coca-Cola Minute Maid, PepsiCo Tropicana and European soft-drink manufacturers. For European retail investors, two main routes provide orange juice exposure: orange juice CFDs, which track the ICE Futures US OJ price directly, and individual equities linked to the citrus value chain. Liquidity in the OJ contract is limited, and brokers usually list it as “OJ”. The two best-known listed companies are Coca-Cola (KO), owner of the Minute Maid and Simply Orange brands, and PepsiCo (PEP), the former parent of the Tropicana brand. Brazil’s Cutrale-Citrus Suco is a major player in the global FCOJ market, but it is privately held and its shares are not listed. Two EU-regulated brokers where these instruments are available are:

30-day price history

Chart and daily closing prices

Orange juice (OJ) 30-day price chart — USD, EUR, GBP

Daily close

30 trading days

Date Price (USD) Price (EUR) Price (GBP) Daily change
23 May 2026 US$167.36 €142.33 £124.73 ▼ −3.26%
22 May 2026 US$173.00 €147.13 £128.94 ▲ +3.92%
21 May 2026 US$166.47 €141.58 £124.07 ▲ +5.05%
20 May 2026 US$158.46 €134.77 £118.10 ▲ +1.60%
19 May 2026 US$155.97 €132.65 £116.24 ▼ −4.33%
18 May 2026 US$163.03 €138.65 £121.51 ▼ −0.86%
16 May 2026 US$164.45 €139.86 £122.56 ▼ −1.52%
15 May 2026 US$166.98 €142.01 £124.45 ▼ −7.95%
14 May 2026 US$181.40 €154.28 £135.20 ▼ −3.72%
13 May 2026 US$188.41 €160.24 £140.42 ▼ −2.32%
12 May 2026 US$192.88 €164.04 £143.75 ▲ +5.50%
11 May 2026 US$182.83 €155.49 £136.26 ▼ −0.20%
10 May 2026 US$183.20 €155.81 £136.54 ▲ +2.32%
6 May 2026 US$179.04 €152.27 £133.44 ▼ −2.06%
5 May 2026 US$182.81 €155.47 £136.25 ▼ −2.96%
4 May 2026 US$188.38 €160.21 £140.40 ▼ −0.49%
2 May 2026 US$189.30 €160.99 £141.09 ▲ +1.19%
1 May 2026 US$187.08 €159.11 £139.43 ▲ +1.28%
30 Apr 2026 US$184.71 €157.09 £137.66 ▲ +6.46%
29 Apr 2026 US$173.50 €147.56 £129.31 ▲ +6.14%
28 Apr 2026 US$163.46 €139.02 £121.83 ▲ +1.52%
27 Apr 2026 US$161.02 €136.94 £120.01 ▼ −0.60%
25 Apr 2026 US$162.00 €137.78 £120.74 ▼ −7.95%
22 Apr 2026 US$175.99 €149.67 £131.17 ▼ −1.99%
21 Apr 2026 US$179.56 €152.71 £133.83 ▼ −4.51%
20 Apr 2026 US$188.05 €159.93 £140.15 —

Orange juice: frequently asked questions

Why is orange juice priced in pounds? +
The New York ICE Futures US Frozen Concentrated Orange Juice contract — the benchmark for the global orange juice market — is quoted in US cents per pound (US¢/Lb). This reflects US agricultural futures market convention and the US measurement system. The quote is not for ready-to-drink orange juice, but for concentrate with 66.5° Brix soluble solids content. In other words, the pound measures the mass of dissolved solids such as sugar, acid, pectin and aroma compounds. 1 pound = 0.4536 kg, so 1 kg = 2.2046 pounds and 1 tonne = 2,204.6 pounds. In European beverage industry procurement, FCOJ prices are usually quoted per tonne, with shipping, refrigerated logistics and quality premiums explaining the difference versus the New York quote.
What does 66.5° Brix mean, and why is frozen concentrate traded? +
The Brix degree (°Bx) measures the percentage by mass of dissolved solids in an aqueous solution. In orange juice, this mainly means sugars, acids, pectin and aroma compounds. Freshly squeezed orange juice has a natural Brix value of about 11–12° Bx. Tradable FCOJ concentrate is reduced by vacuum evaporation to 66.5° Brix. The concentrated form is the standard for two reasons. It sharply reduces storage and transport volume: one tonne of concentrate can produce about 5–6 tonnes of drinkable orange juice after dilution. It is also microbiologically stable when frozen and can be stored for months, which is vital for matching seasonal Brazilian or Florida harvests with year-round global demand from beverage manufacturers.
What is citrus greening, or HLB, and why does it matter? +
Citrus greening — known technically as Huanglongbing (HLB) — is a bacterial infection caused by the Candidatus Liberibacter asiaticus pathogen and spread by the Asian citrus psyllid. The bacterium builds up in the vascular system of infected orange trees. The tree then produces smaller, asymmetric, bitter fruit with a greenish peel, before dying within a few years. There is no chemical or biological cure. Management involves removing infected trees, controlling the insect vector with spraying and, over the longer term, developing resistant hybrids, antibiotic injections and CRISPR-edited rootstocks. HLB has severely reduced Florida’s orange industry and has contributed to structural tightness in global FCOJ supply.
Why does Brazil dominate the global orange juice market? +
Brazil accounts for about 80% of global FCOJ exports, according to FAO Citrus Market and CitrusBR data. That share is unusually high in global agriculture. Most production is concentrated in São Paulo state and south-western Minas Gerais, including the Triângulo Mineiro area and the São Paulo–Minas Gerais border region, where the warm, wet climate and red cerrado soils suit orange cultivation. Brazil’s advantages include large and relatively cheap land areas, advanced grove management, including mechanical harvesting and precision irrigation, modern processing plants operated by groups such as Cutrale, Citrosuco and Louis Dreyfus, and dedicated refrigerated bulk FCOJ tanker logistics linked to the port of Santos. As Florida’s output has declined, Brazil’s role has increased further. Today, European beverage manufacturers’ orange juice supply is largely of Brazilian origin.
How much orange production comes from Florida and Brazil? +
According to FAO Citrus Market and USDA Florida Citrus Statistics data, global orange production is about 75 million tonnes a year. The largest producers are Brazil (~17 Mt), China (~7 Mt), the European Union (~6 Mt — mainly Spain, Italy and Greece) and the United States (~3 Mt, mostly Florida and California). The key distinction is that most oranges are sold as table oranges for direct consumption. Much of the orange crop in China, Spain, Italy and Egypt is eaten as fresh fruit. By contrast, the overwhelming majority of oranges used for juice processing come from Brazil and Florida. That is why supply indicators for OJ futures are driven less by global orange output than by the Brazilian and Florida juice-orange crops.
What is the link between the Brazilian real (BRL) and orange juice prices? +
Because Brazil supplies ~80% of global FCOJ exports, the Brazilian real (BRL) exchange rate against the dollar feeds directly into OJ pricing. A weak real (high USD/BRL) raises Brazilian producers’ dollar revenues when translated into local currency. Exporters can therefore price more aggressively, which tends to push the global FCOJ benchmark lower. With a strong real, Brazil’s cost base — wages, energy and domestic transport — becomes more expensive in dollar terms, lifting supply costs and the New York quote. Beyond the currency effect, Brazilian monetary policy, the Selic rate and global risk-on/risk-off cycles all flow indirectly into OJ pricing. Experienced FCOJ traders therefore also track hedging behaviour among Brazilian agricultural exporters.
Why is orange juice consumption falling in developed markets? +
In developed markets — North America, Western Europe and Japan — orange juice consumption has been falling for years. Several factors are involved. Coffee, plant-based drinks such as oat, almond and soy milk, water and functional drinks such as kombucha, sports drinks and vitamin water have taken share in the breakfast drinks market. The perception of sugar content has also hurt orange juice’s image: a 250 ml glass of orange juice naturally contains about 22 g of sugar, a similar order of magnitude to a soft drink. Younger consumers have shifted preferences towards whole fruit. In several countries, including the UK after the Soft Drinks Industry Levy, beverage manufacturers have also responded by reshaping product portfolios. Demand is structurally weaker, while HLB disease is tightening supply. This opposing pressure helps explain the high volatility of OJ futures.
How can a European retail investor access the orange juice market? +
There are two main routes for European retail investors. First, orange juice CFDs, which directly track ICE Futures US OJ pricing and can be traded long or short. These are leveraged products available through brokers such as XTB and eToro, usually listed as “OJ”. The OJ contract is a small market compared with many other soft commodities. Liquidity is limited and daily price moves can be large, which can mean wider CFD spreads and faster stop-out risk. Second, investors can use individual equities in the citrus value chain. Coca-Cola (KO) owns the Minute Maid and Simply Orange brands, while PepsiCo (PEP) is the former parent of Tropicana. Tropicana is now majority-owned by PAI Partners, but PepsiCo remains exposed to the broader beverage value chain. Brazil’s Cutrale-Citrus Suco is a pure-play orange juice business, but it is privately held and not available to retail investors. Tax treatment varies by jurisdiction; consult a local tax adviser.

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Data sources: ICE Futures US — Frozen Concentrated Orange Juice (OJ) contract specification · USDA — Florida Citrus Statistics · CitrusBR — Brazilian Association of Citrus Exporters · FAO — Citrus Fruit Statistical Compendium