Chocolate love has its price on Valentine’s Day as cocoa costs make hearts shudder, not flutter
With the price of cocoa beans setting unprecedented records on the commodities market, it will certainly turn the gift of love into a bigger financial commitment than it once was. Turns out that if love is reputed to be eternal, a low price for cocoa, the essential ingredient in chocolate, is not.
Skyrocketing cost of cocoa beans raises the price of chocolate before Valentine's Day
According to the International Cocoa Organization, prices are now soaring. The cost of cocoa in the United States is more than $10,000 per ton, the highest it's been in 50 years. But for Ruthie, it's not just the chocolate that's at a higher price point.
Mary Leonard’s busy season that started pre-Halloween wraps up post-Valentine’s Day on Monday. But the chocolatier and owner ...
Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate ...
A surge in the cost of trading arabica coffee on the ICE exchange has exacerbated a rally that has already driven prices for ...
Disruptive weather linked to climate change has dented coffee bean supplies, which industry experts warn could soon leave a ...
Shares of retail coffee chain Starbucks (SBUX) are down as the price of Arabica coffee beans hits an all-time high above $4 ...
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