Is It Too Late to Invest in Soaring Cocoa?

Teucrium’s Hanley breaks down the outlook for the commodity.

Cocoa is on a tear. From $2,600 per metric ton a year ago, the price of cocoa soared to more than $10,000 this week.

What’s causing this massive rally and how can investors capitalize on the rise?

In this episode of Talk ETFs, etf.com senior analyst Sumit Roy sits down with Jake Hanley, Managing Director and Senior Portfolio Specialist at Teucrium—an agriculture-focused ETF issuer— to get answers to those questions and more.

Jake Hanley has over a decade of experience in financial services. Prior to his employment with Teucrium, Hanley was a financial advisor and held the position of assistant vice president at Merrill Lynch, Peirce, Fenner & Smith. As a financial advisor, Hanley was responsible for providing investment selection, portfolio management, as well as financial and estate planning services, for high net-worth and ultra-high net-worth clients. Hanley graduated from Sacred Heart University with a Bachelor of Arts in History in 2006. He holds Series 3, 7 and 24 licenses.