Post #217 by richinmd on the Falling Knives board

Investment Strategies / Falling Knives

Unthreaded | Threaded | Whole Thread (12)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 6

Not sure if this has been mentioned but there are supply and cost issues with both chocolate and sugar. 2/3 of all cocoa comes from Ivory Coast and Ghana and due to heavy rains/floods which is causing very low yields.

I don't eat a lot of chocolate but when I was looking at candy like M&Ms the prices were quite high. People will pay for snacks, up to a point.

https://thetakeout.com/chocolate-supply-low-cocoa-...

In April, both Hershey and Mondelez, two global companies that produce sweets like Reese’s, Kit Kat, and Toblerone, acknowledged that the rising price of sugar is a challenge that has led to higher costs for consumers. Mondelez already announced in November that it would be raising prices on some products due to the both chocolate and sugar shortages, and Nestlé, another major sweets producer, said it would also be raising prices, as reported by Bloomberg.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (12)

Prev | Next

Announcements

Falling Knives FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.