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With the price of Cocoa still on the rise, it looks like the wife will not getting a box of chocolates on Valentines Day!

By Tony Westfallen / 06 Feb 2024

The last time Cocoa prices traded at the current level, I was a young floor trader on the London Cocoa Exchange, that was back in 1977! Three years of poor global production and prices continue to sky rocketed, and they say there is no end in sight.