Cashing in on Commodities: Life’s Little Luxuries are Costing More than Ever Before
June 03, 2008 at 12:30 PM EDT
Soaring prices of grains, dairy and meat have been grabbing global headlines. But other commodities have been on the rise as well. I’m not talking about the increases in daily staples that make the front page, but those little extras that make daily life just a little bit sweeter - coffee, cocoa and sugar. We might not need them, but we definitely want them. And inflation is putting upward pressure on the price of these soft commodities just as it is on oil and grains such as wheat and rice. Coffee is Big Business It doesn’t take an investment expert to realize Americans…