It has been recently revealed that the future of Orange Juice isn’t so bright, according to the recent ratings. It has been there biggest weekly capital decline witnessed in Orange Juice, revealed by the U. S. Food and Drug Administration, because there was a banned fungicide found in some samples. There hasn’t been any health risk discovered because of the same though.

The FDA revealed that there were 14 samples tested and nine out of these were found to be contaminated by carbendazim. The agency further said that there shall be a follow up done in the time to come, before a final verdict. They are though of the view that there isn’t any need of conducting any further tests because they have found what the needed to.

“A good chunk of the rally was because of this probe. If people think that the imports will be approved, we could possibly go back down first to the $1.87 area and then to between $1.70 to $1.75”, revealed Jack Scoville, Vice President at Price Futures Group in Chicago.

It was revealed that the levels of the substance carbendazim, found in the current samples aren’t very harmful and there isn’t any need for placing a potential ban on it.

On the other hand, the futures of cotton for the month of March have seen to rise by 2.3%, which is probably the highest since January 17th. The fiber has been seen to rise by 0.8% in this week.

Following this trend, futures are bright and they will seem to trade strategically well in the time to come. In the current market dynamics, all the companies need to put an extra effort towards making their products outshine others in terms of quality.