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OT: Cocoa (Bloomberg)
Posted by Tango
on October 16, 2020, 7:27 am
A trick-or-treating slump this Halloween may hit cocoa farmers in Africa. Ivory coast and Ghana raised the price they pay cocoa growers by more than 20% for the larger of two annual crops. But as Halloween sales that account for 10% of Hershey's business are hurt by fewer kids collecting candy, the nations may struggle to lure chocolate makers to buy enough beans.