OJ futures surge on cold Florida winter forecast

Associated Press Modified: November 20, 2012 at 2:46 pm •  Published: November 20, 2012
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In other trading, the price of oil fell 2.8 percent are Israel and Hamas appeared close to a cease-fire to end Israel's week-long offensive in the Gaza Strip. That could ease concerns about oil supply disruptions from the Middle East.

Benchmark oil fell $2.53 to finish at $86.75 per barrel. Heating oil dropped 3.59 cents to $3.0392 per gallon, and gasoline futures fell 4.2 cents to $2.7125 per gallon. Natural gas jumped 11.3 cents, or 3 percent, to $3.832 per 1,000 cubic feet.

Gold and other metal prices ended the day lower. In December contracts, gold dropped $10.80 to finish at $1,723.60 per ounce, silver fell 25.9 cents to $32.93 per ounce, copper decreased 1.1 cents to $3.5165 per pound, and palladium dropped $6.95 to $638.35 per ounce. January platinum fell $10.80 to $1,573 per ounce.

In agricultural crop contracts, December wheat rose 3.25 cents to end at $8.45 per bushel, December corn gained 4.5 cents to $7.4325 per bushel, and January soybeans ended up 18 cents at $14.1275 per bushel.

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