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Tag: Fruit Growing

  • ROCKPORT RAMBLINGS: ‘Shed your meds’ topic for luncheon

    ROCKPORT RAMBLINGS: ‘Shed your meds’ topic for luncheon

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    Worried your taking too many medicines? A presentation on Wednesday may help you advocate for yourself and keep medications in check throughout the aging process.

    The Rockport Council on Aging will host Donna Bartlett, author of “MedStrong,” at a special luncheon presentation Wednesday, Feb. 21, at noon.

    The lunch and presentation topic “Shed Your Meds” is free thanks to sponsorship from Addison Gilbert Hospital and the Friends of the Rockport Council on Aging. The event will take place at the Rockport Community House, 58 Broadway, where seats are limited and advance reservations are required.

    A board-certified geriatric pharmacist based in Worcester, Bartlett is engaged in community outreach programming specializing in older adult medication needs, affordability and prescription coverage. Bartlett has seen first-hand the effects of staying on medication longer than necessary and the impact of “over medication.”

    Those in attendance can expect to come away with a better understanding of “de-prescribing” from an expert who has been practicing, teaching and speaking on the subject for more than 15 years. Copies of Bartlett’s book “MedStrong” will be available for purchase at the event.

    Seats may be reserved by contacting the Rockport Council on Aging at 978-546-2573.

    Career Day

    The DECA chapter at Rockport High School is sponsoring Career Day on Wednesday, April 3, at the school, 24 Jerden’s Lane, from 8 to 10:30 a.m., and the chapter is seeking for volunteers for presentations. Rockport High alumni are encouraged to present. Anyone interested in participating should email DECA advisor Scott Larsen at slarsen@rpk12.org.

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    Rockport Ramblings | All Hands

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  • Orange-juice futures suffer their biggest weekly decline in over 6 years after hitting record

    Orange-juice futures suffer their biggest weekly decline in over 6 years after hitting record

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    Orange-juice futures posted a drop of nearly 11% for the week on Friday, the largest such percentage decline since late March 2017, just days after settling at their highest price on record.

    “The weather is good and the hurricane season is almost over,” Jack Scoville, vice president of The Price Futures Group and author of the Grains and Softs Report, told MarketWatch on Friday. 

    The Atlantic hurricane season runs from June 1 through Nov. 30. It can impact crops in the region, and Florida is among the top orange growing states. The season started off strongly but was relatively quiet in October.

    The speculators in the market tried to take profits and “found out that there was no buying interest under the market, so it went down hard,” said Scoville. 

    The most-active January contract for frozen concentrated orange juice posted a weekly loss of 10.6% on Friday, the worst weekly performance since the week ended March 31, 2017, according to Dow Jones Market Data. It settled Friday at $3.4925 a pound on the ICE Futures U.S. exchange, down 1.4%, for the session, after dropping 5.2% Thursday.

    The big mover among the futures contracts is November, said Darin Newsom, Barchart senior market analyst.

    That contract was down around 14% from this past Tuesday’s high of $4.3195, he said. The first notice day, the day buyers of futures contracts receive a notice that a seller intends to make delivery of a commodity, was Nov. 1, he said.

    Given that, anyone holding long futures who didn’t want to take delivery had to get out of their position — leading to a sharp selloff, Newsom explained. The January contract saw some “spillover selling” from the November contracts.

    Prices for frozen orange juice had marked a record high settlement of $4.008 a pound on Oct. 30. They trade a whopping 71% higher year to date, on track for the best year since 2009.

    It’s “hard to buy when a market goes to new all-time highs,” said Newsom.

    Key reasons for the rally are post-COVID demand for vitamin C, and the worst Florida citrus crop since the 1920s, due to a disease called citrus greening, said James Roemer, publisher of WeatherWealth newsletter.

    However, the lack of Florida hurricanes this fall and a potentially large 2024 orange crop in Brazil, the world’s largest producer, are “potentially bearish longer term,” he said.

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