Another cocoa harvest in West Africa has come up short, leading to the worst deficit in decades. That means higher prices for chocolate makers and for shoppers.
Chocolate may never be the same. The majority of chocolate is made in just two countries and erratic weather from climate change is decreasing cocoa production. A handful of extreme weather events—from drought to heavy rainfall—could have lasting effects on the chocolate industry. Yasmin Tayag, a food, health and science writer at The Atlantic, talks to host Emily Kwong about the cocoa shortage: What's causing it, how it's linked to poor farming conditions and potential solutions. Plus, they enjoy a chocolate alternative taste test.
The price of cocoa is on a wild historic ride: It topped the all-time record before Valentine's Day and almost doubled since then, in time for Easter. The culprit is the weather.
It's Indicators of the Week — our weekly look under the hood of our global economy. Today we look at why cocoa prices are soaring, whether India's electoral bonds are bad for democracy and how a typo sent Lyft shares (briefly) soaring.
Chocolate lovers won't see a sudden price spike for Valentine's Day — because the cost already has been rising for months. Extreme weather is largely to blame.
For years, chocolate-lovers have pointed to studies suggesting compounds in cocoa may be good for heart health. But some of the recent evidence comes from flavanol-rich cocoa, not from candy bars
