"Cocoa Crisis: Rising Easter Egg Costs and Short Supply Threaten Chocolate Industry"

TL;DR Summary
Climate change-induced extreme weather, including a humid heatwave and El Niño, has severely impacted cocoa crops in West Africa, leading to a shortage and a significant rise in cocoa prices. This has resulted in a 50% or more increase in the cost of popular Easter eggs. The high temperatures, exacerbated by human-induced climate change, have caused a decline in cocoa yields, while intense rains have led to the spread of a fungal infection. As a result, chocolate makers are facing higher costs, and farmers in West Africa, who rely on cocoa for their income, are feeling the brunt of these price fluctuations.
Topics:business#climate-change#climate-change-agriculture#cocoa#easter-eggs#price-increase#west-africa
- Easter eggs costs rise as climate change hits crops BBC.com
- Why chocolate prices are likely to skyrocket soon Salon
- Cocoa beans are in short supply: what this means for farmers, businesses and chocolate lovers The Conversation
- Cocoa Prices Double From Start of 2024 as Easter Approaches Bloomberg
- The chocolate crisis is here Morning Brew
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