Global commodities’ biggest winners and losers this year
A farmer collecting grain from a combine harvester during the wheat harvest on a farm near Benfleet, UK, on Monday, Aug. 12, 2024. Bloomberg | Bloomberg | Getty Images The …
Cocoa (May'23)
Candy makers face steep cocoa prices, get creative
Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty Images …
Why the price of chocolate’s key ingredient skyrocketed in 2024
Chocolate’s key ingredient has soared in commodities markets throughout 2024. Spot prices for cocoa began the year around $4,200 an ounce, then hit an all-time high of more than $12,000 …
Big change in global growth is bullish for commodities: VanEck CEO
Investors should consider commodities due to a “big change” involving international expansion, according to VanEck CEO Jan van Eck. “The world economy started growing again,” van Eck told CNBC’s “ETF …
Citi on what’s next for cocoa and coffee prices after a record rally
A worker picks cocoa fruit at the Somos Cacao farm in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Bloomberg | Bloomberg | Getty Images Citi says …
Cocoa prices are soaring to record levels. What it means for consumers
A farmers holds cocoa beans while he is drying them at a village in Sinfra, Ivory Coast, on April 29, 2023. Luc Gnago | Reuters Consumers could start to see …
Cocoa prices hit $10,000 per metric ton for the first time ever
Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023. Sia Kambou | Afp | Getty Images …
Cocoa prices not yet showing signs of demand destruction
Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023. Sia Kambou | Afp | Getty Images …
Lovers of sweet treats could be hit by rising sugar prices
Sugar for sale at a supermarket in Yichang City, in China’s Hubei province, on April 6, 2023. Future Publishing | Future Publishing | Getty Images A mammoth rally in 2023 …
Halloween chocolate pricier this year as El Nino hits cocoa crop
Halloween candy is for sale at a CVS store in Washington, D.C., on Oct. 17, 2022. Drew Angerer | Getty Images Cocoa, a vital ingredient for chocolate, is more expensive …