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Orange juice, coffee futures fall sharply

September 17, 2013

Orange juice futures are sharply lower after Florida said consumer demand fell last month.

Coffee prices fell as Vietnam began harvesting what many expect to be a large crop.

Energy and metal prices mostly fell Tuesday as traders anticipated less economic stimulus from the Federal Reserve.

Coffee for December delivery fell 4.3 cents, or 3.6 percent, to $1.1495 a pound. November frozen concentrated orange juice fell 8.15 cents, or 6 percent, to $1.2755 a pound.

Other crops were mixed. December wheat rose 1.75 cents to $6.43 a bushel.

Benchmark oil for October delivery fell $1.17, or 1.1 percent, to $105.42 a barrel in New York. Gold fell $8.40 to $1,309.40 an ounce.

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