Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.
Cocoa production has been hammered in back-to-back crop years due to weather and crop conditions,. forcing many manufacturers ...
Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices to compensate.
Another cocoa harvest in West Africa has come up short, leading to the worst deficit in decades. That means higher prices for ...
St. Valentine chocolates always seek to show how deep your love is. This year, it might just also show how deep your pockets ...
Despite the rise of inflation, Cincinnati chocolate maker Maverick Chocolate Company is making affordable box sets where customers can get anything from chocolate bars to heart-shaped truffles.
To promote industrial growth and strengthen the partnership between government and the private sector, the Minister of State for Industry, Senator John Owan Enoh, visited AA Universal Bean and Co. Ltd ...
With the price of cocoa beans setting unprecedented records on ... “I really, really hope the money goes to the farmers,” Persoone said. So in the meantime, despite the price hikes, the ...
"The recent [cocoa] bean price spike means that further pricing will be taken in the chocolate market," Peter Vanneste, chief financial officer of Barry Callebaut, said in a January call with ...