Pascal Baltussen News Today

Cocoa prices have been soaring — and that could drive chocolate prices higher. Higher prices are helpful for struggling cocoa farmers, but might not be great news for sweets shoppers as chocolate makers face rising costs.

If you have a sweet tooth, take note: Cocoa prices have been soaring \u2014 and that could drive chocolate prices higher.

The rising cost of cocoa, along with high prices of other key chocolate ingredients, might not be great news for sweets shoppers watching their budgets.

Rising cocoa costs mean more price hikes could be coming.

The rising cost of cocoa, along with high prices of other key chocolate ingredients, might not be great news for sweets shoppers watching their budgets.

If you have a sweet tooth, take note: Cocoa prices have been soaring — and that could drive chocolate prices higher.

By Danielle Wiener-Bronner, CNN

Higher prices can be helpful for struggling cocoa farmers. But those prices, along with high prices of other key chocolate ingredients, might not be great news for sweets shoppers watching their budgets.

New York (CNN) — If you have a sweet tooth, take note: Cocoa prices have been soaring — and that could drive chocolate prices higher.

If you have a sweet tooth, take note: Cocoa prices have been soaring — and that could drive chocolate prices higher.