Facilities tied to Coca-Cola, Cargill, Mondelez and others appear to have been deliberately hit. The Trump administration’s muted response has raised concerns.
Cocoa prices have plunged from last year's record highs — but shoppers are still paying more for Easter chocolate , Wells Fargo says. Why it matters: Once food companies raise prices, they're slow to bring them back down when ingredient costs fall — even as consumers are expected to spend a record $24.9 billion on Easter this year, according to the National Retail Federation . State of play: Major chocolate companies raised prices by up to 20% during the cocoa spike in 2024-2025, per a Wells Fargo Agri-Food Institute report. - For Easter, prices are up again — with chocolate costing shoppers about 14% more year over year in early 2026, according to Datasembly data. - Over the past five years, the cost of a full Easter basket has…