Whenever a bitter cold snap reached the Midwest and Northeast U.S., you could count on a spike higher in markets like natural gas and orange juice in the past, no matter what the fundamentals looked like. But this winter, with those frigid conditions having blasted across the country, the market response? Virturally nothing, with natural gas falling below $5.00 per 10,000mm BTU to the lowest levels for a January since 2002 and orange juice at its lowest levels since 2004. This probably says about as much about economic conditions as anything.