Rising temperatures and shifting rainfall patterns in West Africa, which supplies around 70% of the world's cacao, are ...
Cocoa dropped in New York, heading for a weekly decline, amid concerns about weaker demand in the wake of record prices.
It will be harder to find sweet deals on chocolate this Valentine’s Day. In fact, the cost of chocolate might put a bitter ...
Rising cocoa prices, driven by climate change, are reshaping Valentine’s Day chocolates. Extreme heat and erratic rainfall in ...
South African chocolate lovers are facing a challenging year as the price of cocoa continues to rise, with costs far ...
a cocoa grower in Ghana, described climate change as one of the most serious problems affecting production throughout West ...
Expect to pay about 10% to 20% more for chocolate this Valentine's Day than last year, one agricultural economist said.
Prices of cocoa surged by 136% between July 2022 and February 2024, and climate extremes in West Africa’s cocoa belt, which produces 70% of the world’s cocoa, are partly to blame.
If urgent action isn’t taken, key cocoa-producing regions like Ivory Coast and Ghana — responsible for 60 percent of the ...
Money can’t buy you love — or as much cocoa as it used to, with adverse weather denting West African crops and chocolatiers ...
Another cocoa harvest in West Africa has come up short, leading to the worst deficit in decades. That means higher prices for ...
Chocolate prices are up and expected to increase throughout the year after catastrophic weather and crop disease in West Africa reduced cocoa supplies to historic lows. “We see the chocolate ...