Is frozen concentrated orange juice really traded as a commodity, or was that just made up in Trading Places?

Answer 1

Actually, it was partially right. Oranges are traded as a commodity. Basically when you purchase a commodity future, you gain a "voucher" to buy oranges at that price in the future.

For example, If you buy a orange future at the current price of 20$, and in a few months the price is 40$. You could buy oranges for 20$ than immediately sell for $40 for a big profit.

Very hard market to predict however and you must have a lot of money to invest in it. Most brokerage firms have a 100k min. to invest.

There ya go.

Answer 2

What? You mean you don't know? I trade that stuff all the time and it goes fast. You have no idea the kinds of stuff people will do for just a little bit of that orange freeze. Just last week some lady tried to trade her baby for a pint.

Answer 3

I think what is really traded is the oranges that go into frozen concentrated orange juice. If you listen carefully they are talking about the orange crop itself and not the juice.

Answer 4

true. you'd be surprised at the food processing commodities futures market. Look at soy bean paste futures. It's bizarre!

Answer 5

probable. in case you've in basic terms offered in basic terms Orange, the baby might want to have extra constructive-tasting orange juice, plus you've had extra time to miss her at the same time as playing on Y!A.

Answer 6

you can trade anything in the world, as long as its something thats needed at that given point in time by that given person, or its very strange and foregin

Answer 7

Orange you glad you asked?

Answer 8

Its true

Answer 9

it true