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flag U.S. chocolate prices rose 14.4% in early 2026 due to a West African cocoa shortage, despite falling raw cocoa costs.

flag Valentine’s Day shoppers in the U.S. are paying 14.4% more for chocolate in early 2026, driven by a West African cocoa shortage from weather and disease, though raw cocoa prices have dropped from $12,000 to $3,700 per metric ton. flag Retail prices remain high as manufacturers use expensive stock. flag The White House launched trade deals with Latin American nations to diversify supply. flag Coffee, beef, and overall groceries also rose sharply, with analysts predicting chocolate prices may ease by late 2026.

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