Will Cocoa Price Ever Come Down?

"acreage will explode for the coming season(s)"
This is not wheat or corn. It takes years for a newly planted cocoa tree to produce fruit.

 

Costco 40oz bag for $14, is that high?

 

Ya better stock up before they're gone for ever. Corona turned us all into hoarders.

 

Oh, so it grows on trees...like money. Who woulda thought.

 

The cure for high prices ... is high prices.

 

BJ's has 56 oz bag mixed Hershey's miniatures for $13.99 after $3 coupon is deducted.

Got one right now in bottom right hand desk draw.

 

That is a fucked-up chart. Something's gotta' give on the demand side.

 

Fucked up or not, I figure a lot of traders blew up this week. It's what it is. Some win, some lose.

 

In some countries the market that was used to American chocolates switched to Polish ones and now Russian ones. The Polish ones I tried were actually far better than American - high cocoa content and not pure sugar like the American products. I remember when Milka went from European to American ownership, overnight it seemed like that sugar content was hiked 200%. It was inedible.

 

I'm 100% confident the answer to your question, is yes, they will come down.

(When however, I can't help you with)

GAT