Cocoa Futures Soar Following Unseasonably Dry Weather
February 14, 2022 at 12:27 PM EST
Cocoa futures have skyrocketed this year due to particularly dry weather in West Africa. Per the Wall Street Journal, the most-actively traded cocoa futures have risen about 12% this year (and 11% in February alone) to $2,811 per metric ton, putting it on track for being the highest monthly level...