#cocoa prices

[erebusvincent]

Hershey says it is hiking chocolate prices | CNN Business

Your Kit Kat bar and Reese’s Peanut Butter Cups are officially getting pricier.

Bummer.

Halloween candy last year was already outrageous.

[theveracityreport]

Chocolatiers Face Challenges Amid Soaring Cocoa Prices

Chocolatiers are grappling with significant challenges due to soaring cocoa prices, which are largely influenced by climate change and agricultural diseases. Kate Rumsey, owner of Rumsey's Chocolaterie in Thame, shared her concerns about the impact of these rising costs on her business, noting that wholesale cocoa prices have tripled compared to two years ago. The situation has been exacerbated by extreme weather events in West Africa, a primary source of cocoa beans. Droughts and heavy rains have led to reduced crop yields and the spread of diseases such as black pod disease, which destroys cocoa beans on trees. As a result, chocolatiers are forced to adapt their recipes and business models. Johnny Baxter from Dorset Chocolate mentioned that innovation is key, with many chocolatiers incorporating more fruit into their products to cope with increased costs. Rumsey expressed uncertainty about the future of her business, highlighting how the rising prices might necessitate passing costs onto customers, which could further impact sales. The overall sentiment among chocolatiers is one of concern, with many wondering if they will be able to sustain their operations amid these economic pressures.

[erebusvincent]

Chocolate prices are up 20% this Valentine’s Day as cocoa prices hit record | CNN Business

It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter taste in your mou

I’ve noticed.

[erebusvincent]

Cocoa Hits 7-Month High on West Africa Crop Prospects Souring

Cocoa futures hit the highest level in over seven months as West Africa’s production prospects dim, threatening global supplies at a time of

[chainreactionpodcast]

Global Trade and Retail Trends: Insights from Recent Events

Business News Edition: The Winds of Change in Global Trade and Retail The latest episode of our podcast takes listeners on a journey through the complex and evolving landscape of global supply chains. We delve into how the retail industry’s growing emphasis on health and sustainability is transforming supply chain dynamics. As consumer preferences shift towards organic, natural, and minimally…

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[erebusvincent]

Halloween could taste different this year thanks to soaring cocoa prices | CNN Business

Everybody knows it’s not Halloween without candy, but with cocoa prices stubbornly remaining at record highs, consumers are shaking up the c

:’(

Ghost toast Kit Kats are amazing though.

[erebusvincent]

Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues

(Bloomberg) -- The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity.Most Read from

[behungryforever]

Chocolate To Get More Expensive As Cocoa Rates Increase

Chocolate To Get More Expensive As Cocoa Rates Increase

Chocolate lovers, you better start pinching your pennies because chocolate prices are all set to go up thanks to an increase in the global price of cocoa. While this news isn’t as bad as say, that announcement that chocolate could soon become extinct, it’s still pretty bad news for those of us with a sweet tooth.

While global cocoa prices have increased by 28% already, they are all set to rise…

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