The status of the long-awaited futures trading contract in apple-juice concentrate hasn’t changed. It’s still coming “soon.” “We are extremely close to being there,” said Rita Maloney, with Minnesota Grain Exchange, which is the principal futures and options market for hard red spring wheat and is developing the apple juice concentrate trading system. She delivered a similar message last year to attendees at the U.S. Apple Association outlook and marketing conference. Kevin Barley, with Morgan Stanley Smith Barney in Orlando, Florida, who focuses on citrus risk management, chaired a committee that nearly five years ago began to investigate the potential […]