Comment on Foodflation hits home: Cocoa prices surge to a 12-year high just after orange juice smashed records

Foodflation hits home: Cocoa prices surge to a 12-year high just after orange juice smashed records

Cocoa prices hit a 12-year high thanks to extreme weather and a black pod disease.Dursun Aydemir/Anadolu Agency via Getty Images Chocolate may have just become even more of a luxury item with cocoa futures prices surging to a 12-year high. A mix of heavy rainfall and a black pod disease in West Africa have crunched supply, driving up the price of cocoa.

 

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