Commodities Surge on Supply Worries – WSJ.com

Commodities Jan 23, 2011 No Comments

Coffee, cotton and cocoa barreled toward highs, fueled by concerns of a shortfall in global supplies.

While these commodities historically have been volatile, this latest price surge is a signal that fundamental factors are moving to the forefront. Torrential rain in Colombia and an unstable political situation in the Ivory Coast are casting a shadow over the availability of supply for coffee and cocoa, respectively, while demand continues to increase.

via Commodities Surge on Supply Worries – WSJ.com.

Rod Sherkin

Rod is a former senior executive, responsible for Purchasing, for both Pillsbury and Ball Packaging back in the 80’s and 90’s. Since then, he has continued to work in the Purchasing field as both a consultant and founder of the website Propurchaser.com.