Here’s why cocoa, and, olive oil, orange juice prices surged in 2023
The prices of key soft commodities surged in 2023, helping to drive food inflation higher in key countries. A closer look shows that some cocoa price jumped to a high of $4,300 in 2023, which was over 71% higher than its January lows. Orange juice prices also spiked to a record high in November. It […]
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