Step 1

Preheat oven to 350 degrees F and grease a 9x5 loaf pan.

Step 2

In a large bowl, beat together the sugar, eggs, oil, ¼ cup of cherry juice, almond extract, and vanilla extract until well combined.

Step 3

In a small bowl, mix together the dry ingredients and then slowly add them to the wet ingredients. Stir until just combined.

Step 4

Roughly chop the maraschino cherries and fold them into the batter.

Step 5

Transfer batter to the prepared loaf pan and bake for 40-45 minutes, or until an inserted toothpick comes out clean.

Step 6

Whisk together the glaze ingredients (using more powdered sugar to reach your desired consistency) and pour over the loaf once cooled.