Brace for Pricier Candy and Bars With Less Chocolate as Cocoa Soars
Get ready to pay more for chocolate, find smaller bars on store shelves or buy new treats with no cocoa at all.
They’re among possible repercussions of cocoa’s surge to a record-high price after bad weather and crop disease ravaged harvests in West Africa. The cost of beans has more than doubled in the past year and there doesn’t look to be much chance of a respite any time soon. Major chocolatier Barry Callebaut this week warned that acute cocoa shortages will persist into next season.