Sugar prices surged to 4-year highs, due to a cold snap and drought conditions in Brazil WSJWhatsNow
Prices for raw sugar futures have jumped 10% over the past month to trade at about 20 cents a pound in New York. Sugar prices haven’t been that high since early 2017 and have climbed more than 60% over the past year.
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Extreme U.S. Cold Snaps—Including Texas Winter Storm—Linked To Rapid Arctic Warming, Study FindsI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
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