Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever — as a supply crunch grips the market and chocolate makers grapple for beans.
    • werefreeatlast@lemmy.worldEnglish
      24·
      9 months ago

      Where would they even sell it? The cocoa recycling centers won’t take any cocoa without a wrapper and a receipt!

  • huginn@feddit.itEnglish
    431·
    9 months ago

    Headline should be: copper cheaper than you thought

    Cocoa being more expensive might be better paid workers and better living standards right?

    • Rai@lemmy.dbzer0.comEnglish
      10·
      9 months ago

      I was stunned at how cheap copper is after being linked BigStackD on YouTube and watching him melt copper into a bunch of copper bars that ended up totaling like 35USD

    • Dudewitbow@lemmy.zipEnglish
      2·
      9 months ago

      copper in the context of itself is actually pretty cheap. the problem copper has is that copper is reletively expensive when compared to other common metals, hence why in some industries, copper usage is being cut back more (e.g heatsinks, as copper is commonly used for its great heat transfer coefficient, but reletively speaking, is more expensive than aluminum, while cheaper and lighter, doesnt conduct heat as well as copper)

  • afraid_of_zombies@lemmy.worldEnglish
    311·
    9 months ago

    Ok billion dollar idea: selectively breed yeast until it can make it. I leave the details as an exercise for the reader.

    • Liz@midwest.socialEnglish
      6·
      9 months ago

      Cocoa isn’t a single compound, if you extracted the pure chemical everyone claims is chocolate, you’d be very disappointed. Your goal is still theoretically possible, just a lot harder than the usual yeast and E. Coli synthesis targets.

      • afraid_of_zombies@lemmy.worldEnglish
        9·
        9 months ago

        Would it help you solve the problem if I acted like one of those tech “visionaries” fired half your coworkers, posted problematic stuff on social media, stole your credit, worked you to the bone, and then micromanaged your output at the last moment?

        Cause I am just saying I already own a black turtleneck and wear glasses.

          • afraid_of_zombies@lemmy.worldEnglish
            1·
            9 months ago

            That’s the kinda synergy team player attitude I like. I will have a temp worker contact you about onboarding after the first round of venture funding. Thinking a billion.

  • RememberTheApollo_@lemmy.worldEnglish
    28·
    9 months ago

    Try Cardamom. That stuff is getting ridiculous, ~$20 for a small standard grocery store spice rack jar. Apparently climate change is affecting the production. I was making some Indian food and ran out, went to the store and was shocked at the sticker price. A quick calculation seems that it’s about $15,500/US ton, ~50¢/oz bulk market cost, whole allspice.

    • Thassodar@lemm.eeEnglish
      5·
      9 months ago

      What common recipes use cardamom? I haven’t made anything that uses it.

      • AFaithfulNihilist@lemmy.worldEnglish
        8·
        9 months ago

        I put it on a lot of things sweet and savory alike. It goes with the rosemary, pepper, salt and coriander when I roast potatoes. It also goes into snickerdoodles or a half dozen different kinds of cake. It also makes a really good additive to soap if you make your own soap.

        It’s such an underappreciated spice, at least in the US where nobody seems to know what’s going on despite enjoying the food.

        The only time people don’t question what the flavor is, is when I make Indian food.

      • phdepressedEnglish
        6·
        9 months ago

        Cardamom is a pretty common spice in Chai. It is also used in certain styles of biryani and various curries. Various indian sweets can also contain it. The Swedes apparently use it in cakes and pastries.

      • Forne@lemmy.worldEnglish
        1·
        9 months ago

        I add it to rice every time I cook. 4~6 capsules per batch for 3-4 people.

  • jordanlund@lemmy.worldMEnglish
    222·
    9 months ago

    $9,000 per metric ton. So… $0.2551 per ounce. :)

    Copper is $8,300 per metric ton or $0.2353 per ounce.

    And yeah, 35,274 ounces in a metric ton. :)

      • jordanlund@lemmy.worldMEnglish
        7·
        9 months ago

        A football field is 57,600 square feet, so if you took 35,274 ounces of cocoa and spread it over 57,600 square feet, you’d get 0.6124 ounces per square foot.

        • xmunkEnglish
          61·
          9 months ago

          A friend of mine growing up was a Smoot, it was always fun walking across the bridge. The numbers are regularly repainted and the repainting was also done by the city when resurfacing the bridge in the 80s… lastly it can’t be understated how hilarious it is that the man who was a measurement went on to be a chairman of ANSI and president of the ISO.

    • Redjard@lemmy.dbzer0.comEnglish
      23·
      9 months ago

      $9,000 per metric ton. So 9$ per kg.
      Copper is $8.3 per kg.

      Thank you metric for not being a pain in the ass

  • Got_Bent@lemmy.worldEnglish
    3·
    9 months ago

    Willy Wonka is furiously amending his payment contract with the oompa loompas right about now.

    Won’t somebody think of the chocolate factory and its shareholders?

  • SuperSpruce@lemmy.zipEnglish
    3·
    9 months ago

    So this is why a candy bar is now $2.69?

    I used to buy chocolate candy all the time but they’ve seemed to double in price in 10 years, so I turned to pretzels instead, which are still cheap