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Hard-hit cocoa harvests in West Africa cause chocolate prices to soar worldwide

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If you’ve shopped for chocolate recently, you may have noticed your favorite items are either smaller or more expensive, or sometimes both. The price of cocoa — the key ingredient in chocolate — is the highest it’s ever been after nearly doubling in the last four months. As Ali Rogin reports, this worldwide shortage has been years in the making.

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Category
U.S. & Canada
Tags
chocolate, cocoa, cocoa supply chain
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