Cocoa prices double, Coffee jumps 70%: 2024's 'soft' commodity boom

By Yahoo! Finance   |   2 days ago
Cocoa prices double, Coffee jumps 70%: 2024's 'soft' commodity boom

In 2024, cocoa and coffee were top performers in commodities, with prices doubling and surging by over 70%, respectively. Phil Streible highlights soft commodities' explosive growth due to various factors and how they have strengthened the US dollar.

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