From Coffee to Corn, Global Commodities Market Heating Up Again

From Coffee to Corn, Global Commodities Market Heating Up Again
Roasted coffee beans are seen on display in Bogotá, Colombia, on June 5, 2019. Luisa Gonzalez/Reuters
Andrew Moran
Updated:
0:00

The global commodities market—from coffee to corn to crude oil—is heating up again. This could spell bad news for public policymakers and consumers in the fight against inflation.

Coffee surged about 13 percent over the last week, rising to a near three-month high of $2.40 per pound on the U.S. ICE Futures Exchange. Year to date, the agricultural commodity is up 6 percent.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
Related Topics