Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.

ICE NY cocoa (CCH25) on Friday closed down -222 (-2.14%), and March ICE London cocoa #7 (CAH25) closed down -156 (-1.91%).

Many would-be Valentine's Day shoppers are arriving at stores to the surprising news of chocolate prices that are up 20% compared to last year. It's all due to rising cocoa prices, in part because ...

Cocoa production has been hammered in back-to-back crop years due to weather and crop conditions,. forcing many manufacturers ...