Marketplace Index for Tuesday, January 10, 2012

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Episode Description 
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.

U.S. bankruptcies down

Fewer individuals and companies bit the dust in 2011.
Posted In: bankruptcy, MF Global

OJ squeeze?

The wholesale price of orange juice hit a 34-year high on news the FDA is testing for an illegal fungicide reportedly found in the juice of oranges imported from Brazil.
Posted In: orange juice, commodities, brazil