Cocoa dropped in New York, heading for a weekly decline, amid concerns about weaker demand in the wake of record prices.
Extreme temperatures hit cocoa supplies as vulnerable farmers struggle to adapt to climate impacts in time for Valentine's Day
Expect to pay about 10% to 20% more for chocolate this Valentine's Day than last year, one agricultural economist said.
Climate change threatens global cocoa and chocolate production, but a new study highlights a promising solution—pollination.
A new report by Climate Central says global warming increased the number of days above the ideal cocoa growth temperature range in West Africa — by two to four weeks annually — causing a decline in the crop’s production.
Chocolate prices are up and expected to increase throughout the year after catastrophic weather and crop disease in West Africa reduced cocoa supplies to historic lows. “We see the chocolate ...