Cocoa prices are trading at 44-year highs after heavy rains in West Africa caused limited production in the season that began last fall.An assortment of Halloween candy is shown in this photo taken on Friday, Oct. 27, 2023 in New York.
Weathers said she usually buys plenty of candy for trick-or-treaters and events at school and church. But this year, she only bought two bags and plans to turn off her porch light on Halloween when she runs out. “There may be no price relief in sight, at least through the first half of 2024,” said Dan Sadler, principal of client insights for Circana, a market research firm.
Discount grocer Aldi is advertising a 250-piece variety pack of Mars Inc. chocolate bars — including Milky Way, Twix and Snickers — for $24.98. Two years ago, the same package was advertised at $19.54.
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