Marketplace Index for Tuesday, January 10, 2012
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Today a visit from the ghost of breakfast future. One of the most striking numbers from the financial markets on Tuesday was the wholesale price of orange juice. It hit a 34-year high on news that the Food and Drug Administration is stepping up testing for an illegal fungicide reportedly found in the juice of oranges imported from Brazil. Judith Ganes-Chase follows soft commodities such as orange juice, and he told us the fungicide doesn't pose a health threat and is unlikely to lead to a recall. The Daily Pulse is up today on news that fewer U.S. firms and citizens declared bankruptcy in 2011 than did the previous year.