Chocolates are a Valentine's Day favorite, but people buying them for their sweetheart... are paying more this year.
Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.
Minnetonka-based agribusiness Cargill expects Americans to buy 75 million pounds of chocolate for Valentine’s Day.
Cocoa production has been hammered in back-to-back crop years due to weather and crop conditions,. forcing many manufacturers to raise the costs of chocolates.