The Biden administration aims to better support small farmers while still aiding big operations and rewarding climate-friendly practices. It’s a tall order.
Category: Commodities
Cocoa Prices are Going Nuts
After a production shortfall in West Africa, cocoa prices rose to $4,000 a metric ton from $2,500. Then they went nuts.
China Is Buying Gold, Sending Prices to Record Highs
The global price of gold has reached its highest levels as Chinese investors and consumers, wary of real estate and stocks, buy the metal at a record pace.