November 22, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--After something of a market lull, weather events in North America and a ramp-up of geopolitical tensions in Eastern Europe caused a substantial spike in commodity prices on Thursday.

Parts of the Pacific Northwest are under storm advisories or warnings as a so-called atmospheric river descends on the region. Higher elevations in the Rocky Mountains are already seeing snow, while parts of California could see as much as 12 inches of rain.