Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.
Minnetonka-based agribusiness Cargill expects Americans to buy 75 million pounds of chocolate for Valentine’s Day.
Cocoa production has been hammered in back-to-back crop years due to weather and crop conditions,. forcing many manufacturers ...
If you haven’t bought your sweetheart a sweet treat yet, you still have time, but it will cost you a pretty penny. The price ...
The extent of supply issues for a key ingredient means that prices are unlikely to return soon to the levels chocolate makers ...
St Valentine's Day chocolates are always a great way to show how deep your love is. But this year, it might just also show ...
St. Valentine chocolates always seek to show how deep your love is. This year, it might just also show how deep your pockets ...
Cocoa stood at less than $2,000 a ton in the summer of 2022 and peaked at well over $12,000 during the 2024 Christmas season.
The price of raw cocoa, chocolate’s key ingredient, has surged by 200% over the past year, a hike fueled by climate change.