What’s happening to Cocoa?
What’s happening to Cocoa?
Cocoa, the key ingredient in chocolate, has seen prices surge to an all-time high not seen since 1977.
Why?
Weather & climate events such as massive rains, droughts and pests & disease have affected cocoa crops from West African nations, where 70% of the world’s cocoa beans come from.
(BTW, if you want to know how to manage raw ingredient price fluctuations like this, check out how weather & climate events can affect commodity prices).
Largest Nickel Plant Coming to Canada
Toronto-based nickel miner, Canada Nickel, has plans to build a $1B nickel plant in Ontario. This plant would become the largest nickel facility in North America and continues the investment Canada is promoting to support the growing EV industry.
So, THIS is what caused the Sriracha shortage
For the Sriracha-lovers out there, I bet you’ve been wondering what’s been causing the supply shortage of your beloved condiment, well, here’s the low-down on what happened.
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