Chocolate Easter bunny under threat ?
Mar 14, 2024
Is the chocolate Easter bunny under threat? Major African cocoa plants in Ivory Coast and Ghana stopped or cut processing because they cannot afford any longer to buy beans. Cocoa future prices are up 170% over one year. The weather is the culprit there have been three years of poor harvests, with now a fourth expected, in the 2 countries ( Ivory Coast and Ghana ) producing 60% of the world’s cocoa. We may not need to adjust our portfolios but may need to adjust our diets.