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Cocoa

Candy makers, spooked by cocoa prices, go gummy for Halloween

by Kristin Schwab and Sofia Terenzio
Oct 25, 2024
Candy companies are producing more gummy and chewy treats, saving money and appealing to the tastes of younger consumers.
Along with the high cost of cocoa, consumer preferences have spurred the shift to gummy and chewy candies, says Jaclyn Peiser of The Washington Post.
Brandon Bell/Getty Images
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High sugar prices sour the mood on Valentine's Day

by Meghan McCarty Carino
Feb 14, 2024
Manufacturers of sweets and candies face rising costs for sugar and cocoa due to weather patterns and disease denting supply.
The costs of both sugar and cocoa have climbed — making the costs of Valentine's Day chocolates rather bittersweet for candy lovers.
Scott Olson/Getty Images
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Bumper crop of cocoa is no sweet deal for African farmers

by Annie Baxter
Apr 17, 2017
Seventy percent of cocoa comes from West Africa, where a surplus means lower prices for growers.
An agricultural worker picks cocoa pods in the Ivory Coast village of Akati.
ISSOUF SANOGO/AFP/Getty Images
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Is there a global chocolate shortage coming?

by Donna Tam
Jun 7, 2016
Exporters are taking issue with a recent batches of cocoa beans, an important ingredient in chocolate.
Chocolates are assembled into a gift box at a New York City shop in 2007. Demand for cocoa beans, a main chocolate ingredient, has been high for many years, but the supply continues to suffer. 
Chris Hondros/Getty Images
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Ben Affleck on sustainable aid in the Eastern Congo

by David Brancaccio
Dec 8, 2014
"We wanted to do something sustainable that would raise incomes and that would be there long after we were gone," Affleck says.
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Chocolate lovers beware: Cocoa prices near record highs

by David Gura
Oct 29, 2013
Cocoa prices are near record highs, as farmers who have switched to more lucrative crops have driven down supply.
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Falling cocoa prices hurt Colombia's war on cocaine

by Scott Tong
Aug 16, 2012
Some farmers who took up cocoa farming in place of coca are returning to the crop from which cocaine is made.
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A bittersweet moment for the cocoa market

by Christopher Werth
Jan 23, 2012
The price of cocoa has started to fall around the world as demand has dropped off -- but these prices might not last for long.
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News In Brief

MID-DAY UPDATE: Mortgage applications hit a three-month high, Ivory Coast 'nationalizes' cocoa

by Katharine Crnko
Mar 9, 2011
More people are applying for mortgages than at anytime in the past three months. That's according to the Mortgage Bankers Association....
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MIDDAY UPDATE: State of the Union, cocoa prices, Academy Award nominations

by Katharine Crnko
Jan 25, 2011
President Barack Obama is expected to discuss the economy, unemployment, and the deficit in tonight's State of the Union address. But Senator Jeff...
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