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Data: FactSet; Chart: Axios Visuals

While global stock prices have been battered, the coronavirus outbreak has been a major boon for orange juice futures, which have surged, rising by more than 6% on Tuesday and banking a fourth straight session in the green.

Why it matters: Thanks to a meteoric rise over the past week, orange juice has become one of the world's top performing assets so far this year.

What's happening: The COVID-19 outbreak is hitting both supply and demand for OJ. A desire for immune-boosting vitamin C has increased demand at stores while fear of infection is peeling off labor supply in key hubs.

  • "Traders are wondering if workers are around to man the plants here in Florida and in Brazil," Jack Scoville, a futures market analyst for the PRICE Group, wrote in a recent note.
  • "In addition, there are not enough tankers or containers around for shipping the product to buyers. Pickers are not going out into groves to pick the fruit for fear of getting too close to affected fellow workers and catching the coronavirus disease."

But, but, but: While orange juice has risen to near its highest price in a year, it remains well below its 2017 and 2018 highs, and is almost 50% below the settlement price it touched in late 2016.

Go deeper: A coronavirus guide for individual investors

Go deeper

Caitlin Owens, author of Vitals
36 mins ago - Health

What overwhelmed hospitals look like

A healthcare professional suits up to enter a COVID-19 patient's room in the ICU at Van Wert County Hospital in Ohio. Photo: Megan Jelinger/AFP

Utah doctors are doing what they say is the equivalent of rationing care. Intensive care beds in Minnesota are nearly full. And the country overall continues to break hospitalization records — all as millions of Americans travel to spend Thanksgiving with friends and family.

Why it matters: America's health care workers are exhausted, and the sickest coronavirus patients aren't receiving the kind of care that could make the difference between living and dying.

Felix Salmon, author of Capital
56 mins ago - Economy & Business

Southwest CEO: "You should fly"

The official guidance of the CDC says that "postponing travel and staying home is the best way to protect yourself and others this year."

  • Southwest Airlines CEO Gary Kelly, however, took the opposing position when he was interviewed by "Axios on HBO." "You should fly," he told me, adding that "we need to have as much commerce and business and movement as is safe to do."

Cárdenas: Democrats need to be more "culturally competent" to win

Photo: Paul Morigi via Getty Images

Rep. Tony Cárdenas (D-Calif.), who's running for chair of the Democratic Congressional Campaign Committee, told "Axios on HBO" that the DCCC needs to change "overnight" and his colleagues need to be more "culturally competent" if they want to be successful in the next election.

Why it matters: House Democrats are confronting what went wrong and what their party needs to change after they failed to expand their House majority and President Trump expanded his support among Latino voters.