I’m surprised to see cocoa with only a 2% increase. I thought I had read recently where there was a shortage of cocoa expected to happen. Maybe I’m thinking of something else.
No, you’re thinking of cocoa. There is a mini civial war in a cocoa producing region. Also, for a short time, the leader (I think the ousted one), cut off cocoa exports to rob the new leader of military funds. Also, there is a problem with the aging trees and a lot of the youths want to move to cities and not farm (Cocoa is farmed on small—5 acre or so—farms, because the harvesting process has to be done hand, and the final processing as well). It’s surprising, but not a lot, to me. I haven’t bought much chocolate for some years. I bet a lot of others haven’t either.