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Chocolate Prices Rise Just Before Halloween

chocolatel RIPLEXINGTON, Ky (10/28/13)—While everyone is getting their sweet tooth ready for Halloween treats, perhaps the world's favorite candy — chocolate, may be a bit more scarce.

Cocoa supplies are diminishing quickly causing a price increase in the very popular candy. The price increase is largely due to supply and demand. There has been a shortage of cocoa beans, which are roasted and ground to make chocolate. For the first time since 2010, the harvest of cocoa beans has decreased due to dry weather in West Africa, where 70 percent of the world's cocoa beans are grown.

Still, there's plenty more treats available as children prepare for a night of dress up and candy collecting. In the city of Lexington and Fayette County, trick or treating is scheduled for 6 to 8 p.m. Thursday, Oct. 31.

Bonnie Dailey
SurfKY News

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