Cocoa Price Spike Means Dark Times for Chocolate
On today’s Big Take podcast, we trace the chocolate supply chain from bean to bar to reveal what spiking cocoa prices mean for the future of chocolate.
Master pastry chef Jacques Torres makes Valentine's Day chocolates at his factory in the Brooklyn borough of New York, U.S., on Thursday, Feb. 6, 2014.
Photographer: Ron AntonelliListen to the Big Take podcast oniHeart,Apple Podcasts,Spotify and the Bloomberg Terminal.
Cocoa has never been so expensive. That’s bad news for players all along the chocolate supply chain: from farmers, to chocolatiers, to chocolate lovers. In today’s episode, we travel from a farm in Ghana to Jacques Torres’ chocolate factory in Brooklyn, on a journey to understand the origins of a cocoa crisis — and what it means for the future of chocolate.