Cocoa prices hover at 45-year highs as lagging harvests kick off 3rd season of shortages

Cocoa prices hover at 45-year highs as lagging harvests kick off 3rd season of shortages

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Dursun Aydemir/Anadolu Agency via Getty Images Cocoa prices are hovering around 45-year highs as futures trade over $4,000 per metric ton. Bad weather and concerns over crop disease led to lagging harvests, Bloomberg reported. Similar factors have also dragged down the supply of sugar, driving its…

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