Post #217 by richinmd on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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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.

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