From cocoa to zinc, the breadth of the commodities rally is the biggest in two years. Beef and pork are showing promising signs of improving demand as barbecue season officially kicks off in the US with Monday’s Memorial Day holiday. Meanwhile, OPEC+’s policy meeting to review oil output curbs is set for June 2, around the start of the Atlantic hurricane season — a period when storms can threaten US crude production.
from Bloomberg Markets https://ift.tt/rN5bSCX