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Cold snap drives up orange juice prices

wls
By ABC7
Wednesday, December 29, 2010
December 28, 2010

The recent cold snap gripping the South is taking a toll on crops, sending orange juice futures to a three-and-a-half year high. They're up 14-percent this month. And more freezing temperatures are in the forecast.

Temperatures in the citrus-growing region are averaging 10 degrees below average, the lowest on record.

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