Tag: Coffee – C Jul 2023
-
Orange-juice futures are near a record. Sugar is at an 11-year high. And coffee is peaking too. What’s going on?
[ad_1] Some commodities that are grown rather than mined, known as “softs” to traders, have rallied so far this year, with sugar prices this week trading at their highest price in 11 years and orange-juice futures touching their highest prices on record. “Most of the softs sector fall under the category of ‘weather derivatives’,” as…