Orange juice futures are trading lower today, pressured by forecasts indicating improved weather patterns in major citrus-producing areas. The expectation of favorable conditions is bolstering projections for increased orange yields this season.

Analysts note that the anticipated boost in orange production is likely to lead to a greater supply of oranges available for processing. This potential surplus is driving concerns among traders about a possible oversupply in the orange juice market, hence the downward pressure on futures prices.

Market participants are closely monitoring weather updates and production reports from key growing regions to assess the full impact on the orange juice market. The price movement reflects market sensitivity to supply-side factors in agricultural commodities.