2020s commodities boom

The 2020s commodities boom is when the prices of some types of things people use, like oil, gas, corn, and sugar, are higher than usual. When these commodities or items are in higher demand, but there aren't enough of them to go around, prices can go up. For example, if a lot of people want to buy corn, but farmers don't have enough to sell, the price of corn may go up. This higher price is called a boom.