LONDON/ACCRA — Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning chocolate prices around ...
Chocolate prices will likely climb even higher as West African cocoa processing plants can no longer afford to buy the bean. According to Reuters, state-owned Transcao, one of Cote d’Ivoire’s largest ...
Cocoa beans have been cultivated for thousands of years, and have been a revered and popular food. Humans have developed various ways to take these special beans and process them in such a way that, ...
(The Conversation) – A shortage of cocoa beans has led to a near shutdown of processing plants in Côte d’Ivoire and Ghana, the two countries responsible for 60% of global production. With chocolate ...
After soaring for nearly two years, cocoa prices dropped sharply in 2025. However, chocolate, in demand ahead of the festive ...
The global chocolate industry is in turmoil as major cocoa plants in Africa, the world’s top producers, are running out of beans, leading to a potential price surge for chocolate consumers worldwide.
Chocolate callets are displayed at the California Cultured office in West Sacramento, Calif., Wednesday, Aug. 28, 2024. (AP Photo/Jeff Chiu) WEST SACRAMENTO, Calif. — Climate change is stressing ...
Who doesn’t love chocolate? There’s plenty to like about! Maybe that’s why it’s estimated that the average American eats almost 12 pounds of chocolate each year. In some forms, chocolate can also be ...
Cargill Inc. has started production at a $100 million cocoa-processing plant in Ghana, the world’s second-biggest grower of the beans. The plant has the annual capacity to process 65,000 metric tons ...