Citrus Associates of the New York Cotton Exchange Proposes Changes to Frozen Concentrated Orange Juice-2 Futures Contract

Summary

Citrus Associates of the New York Cotton Exchange has proposed amendments to its FCOJ-2 futures contract, which would allow for delivery of orange juice from Florida and Brazil, change quality specifications, and introduce a price differential with the existing FCOJ-1 contract, with potential trading to resume on September 27, 1999, pending Commission approval.