Source: https://dareakogun.com/the-burning-truth-climate-changes-burning-impact-on-global-crops/
Cocoa prices surged one hundred and thirty-six percent between July 2022 and February 2024, crossed ten thousand dollars for the first time in March last year, ultimately reaching as much as one hundred and sixty-three percent.
In a similar situation, the price of coffee has been reaching unprecedented heights, with Arabian beans hitting 3.84 per pound, driving up the average cost of a restaurant coffee to 3.24 pounds. In contrast, the cost of the crop has risen 30 percent since December.