Posted on Oct 23, 2023
Halloween chocolate is pricier this year as El Niño hits cacao bean crop
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Chocolate is more expensive due to severe weather affecting crops…
Halloween chocolate is pricier this year as El Niño hits cacao bean crop
Posted from cnbc.comPosted in these groups: 
Farming
Climate Change
Farming Climate Change
Posted 1 y ago
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Good afternoon LTC (Join to see). Excellent post. Thank You for sharing this Sir. I guess there's going to be lesser baskets fill this month.
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It's not just the weather. "Farmers also had to contend with the swollen-shoot virus, a devastating disease that can kill trees within years, and black pod disease, which causes beans to rot." "Pandemic led to a slowdown in global chocolate demand and caused cocoa stockpiles to surge, recovering consumption and two years of supply shortages have significantly reduced those inventories." https://fortune.com/2023/07/29/chocolate-inflation-wholesale-cocoa-west-africa-ghana-production/
Chocolate inflation won't quit as the wholesale cocoa cost soars to the highest level in over a...
Production in West Africa, a region that accounts for two-thirds of the world’s bean harvest, is faltering under heavy rains and a rot-causing disease.
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