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Cocoa, the beloved ingredient that brings us the rich and decadent treat we all know and love as chocolate, has recently made headlines for surpassing $9,000 per ton, making it more expensive than copper. This surge in price is due to a supply crunch in the market, causing a ripple effect that has chocolate makers scrambling for beans as supermarkets adjust their prices to reflect the increased costs. As a self-proclaimed chocolate aficionado, the news of cocoa surpassing the value of copper certainly caught my attention.
The idea of cocoa, a luxury crop that is grown in limited regions, becoming more valuable than copper is not entirely surprising when considering the scarcity and demand for this delectable ingredient.… Continue reading
John Q. Hosedrinker