this post was submitted on 13 Feb 2024
31 points (94.3% liked)

Economics

396 readers
32 users here now

founded 1 year ago
31
Cocoa prices spiked to an all-time high right before Valentine's Day (www.kpbs.org)
submitted 7 months ago by [email protected] to c/[email protected]
6 comments fedilink hide all child comments
 

As Valentine's Day approaches, the price of cocoa has never been higher.

The cost of the key ingredient in chocolate has been grinding upward for over two years. In the past year, it has more than doubled. This month, it broke the all-time record from 1977, the year before Hershey introduced Reese's Pieces.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 7 months ago

And pretty surely zero extra going to the farmers