ORLANDO, Fla. — Shoppers will probably notice their favorite chocolate is more expensive this Valentine’s Day.
▶ WATCH CHANNEL 9 EYEWITNESS NEWS
Cocoa prices are surging so high even the biggest chocolate makers are struggling to stay profitable.
Officials said climate issues in West Africa are damaging crop yields, constraining cocoa supply and causing prices to soar.
Read: Here’s how to beat the hype and overcome loneliness on Valentine’s Day
Cocoa futures doubled in the past year and surged 40% since January.
Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
©2024 Cox Media Group
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/RP6ZK2DUMJEFFM4ABJSSR6U2VE.jpeg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/B24QOBTV2RDNREKR22RWJYY7ZE.jpeg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/6GC7RMCKVVALHP3IBGGSSBS2MU.jpeg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/MNVADOFS2FHDZFN7KNQCKZDHAQ.jpeg)
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/cmg/YFSI6KOCZIWPJJGCQN7DEIB5LU.jpg)