Discussion in 'Commodity Futures' started by john33, Aug 31, 2011.
Don't buy the futures, buy phyiscal orange juice and store it.
Vitamin C, good for your health!
any one wanna buy 200 x 3 year old 1 ltr cartons of just juice?
Retail stores will not buy from a guy storing his own oj. You would have to sell it back to a wholesale warehouse first and expect that it would eat up much of your expected profits if you were successful at all in selling it back. I guess the worst case is you have a lot of oj to drink.
I just read about this exact situation in a book called 'More Money than God' (pretty good read so far!). The guy made a profit but had to give up about 20% in doing this sort of thing. Luckily he had enough profits to cover the haircut and still be profitable.
"More Money Than God: Hedge Funds and the Making of a New Elite" by Sebastian Mallaby. Here is the link on Amazon:
Thanks. I thought that was it but wanted to make sure.
You have to pay for the freezer and electricity, land, building, etc. FCOJ is stored on a massive scale by Tropicana and others.
I all I will say is take a look where OJ is now
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