This Valentine’s Day, chocolate comes with new risks

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This Valentine's Day, while chocolate prices have decreased from last year's peak, the era of consistently cheap chocolate is likely over. In 2024, climate extremes in the Ivory Coast and Ghana, which produce nearly 60% of the world's cocoa, caused harvest failures and a price surge. The article states that the cocoa economy's focus on low prices has led to deforestation, weakening the natural systems that cocoa depends on. Full-sun cocoa farms deplete soils and lack protection from heat and drought, causing yields to fall and farms to expand further into forests. The article concludes that cocoa's price volatility is a warning sign that the natural systems are weakening.
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