Cocoa Prices are Sky-High


Cocoa prices are nearly 65% above what they were a year ago, with futures hitting a 46-year high. Prices are expected to remain elevated until a new cocoa crop comes to market later this year. Heavy rains and the spread of black pod disease have decimated the cocoa crop in West Africa, which makes up 70% of the world’s output. Read more here.

Author: Food Dive