Cocoa prices are soaring. Candy makers will need to get creative
MDLZMondelez International(MDLZ) CNBC·2024-06-15 19:00

In this article@CC.1JJSFMDLZHSYDried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024. Ferley Ospina | Bloomberg | Getty ImagesThere's pricing pressure taking hold of a specific corner of global agriculture — and it's bittersweet.Prices of cocoa have more than tripled over the last year, creating a big headache for candy makers and other food companies that use the ingredient to make chocolate.In recent years, the pr ...