The cost of cocoa beans has surged to a record $10,000 per metric ton. That's expected to make chocolate more expensive for millions of confectionary fans around the world. But why have prices more than doubled in the past few months alone? And what could halt the surge? We speak with Bloomberg Opinion columnist and Odd Lots favorite Javier Blas. He describes how a combination of chronic underinvestment in cocoa supply has run head first into financial markets to squeeze prices higher.
See omnystudio.com/listener for privacy information.
Introducing: Big Take Asia
How to Succeed at Multi-Strategy Hedge Funds
Jeff Currie on Why Copper Is His Highest-Conviction Trade Ever
Pierre Andurand Says the World Could Run Out of Cocoa Inventories
Viktor Shvets on How the Fed Has Become a Prisoner of Its Own Making
Lots More With Brad Setser on the Yen, a New China Shock and Excavators
Hugh Hendry on the "Terrifying" Yen Move, and Risk of "Mad Max" Deflation
What a Fed President Hears When He Goes on the Road
Lots More on How CHIPS Act Money Got Awarded
Luis von Ahn Explains How Computers and Humans Learn From Each Other
The Ultra Wealthy Have Their Own Separate World of Real Estate
An Ex-CIA Officer Explains How to Spot a Lie in Business
Here's Who's Winning the Global Fight for AI Talent
Josh Wolfe: The ChatGPT of Robotics is Coming
Richmond Fed President Tom Barkin On Getting Inflation Under Control
What AMLO's Legacy Means For Mexico's Upcoming Election
How The American Workforce Got Hooked on Adderall
How Electric Utilities Will Handle Booming AI Datacenter Demand
Introducing Money Stuff: The Podcast
Lots More on America's Electrical Components Crisis
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
TED Radio Hour
FT Alphachat
Freakonomics Radio
Goldman Sachs Exchanges
Stephanomics