Showing posts with label chocolate. Show all posts
Showing posts with label chocolate. Show all posts

Monday, February 17, 2025

Climate crisis contributing to chocolate market meltdown

 The canary in the coalmine that is climate change is starting to show important signs of stress.

The Guardian has this story:

Climate crisis contributing to chocolate market meltdown, research finds.  Scientists say more-frequent hotter temperatures in west African region are part of reason for reduced harvests and price rises

"The climate crisis drove weeks of high temperatures in the west African region responsible for about 70% of global cacao production, hitting harvests and probably causing further record chocolate prices, researchers have said.

Farmers in the region have struggled with heat, disease and unusual rainfall in recent years, which have contributed to falling production.

The decline has resulted in an increase in the price of cocoa, which is produced from the beans of the cacao tree and is the main ingredient in chocolate.

A new report found that “climate change, due primarily to burning oil, coal and methane gas, is causing hotter temperatures to become more frequent” in places such as the Ivory Coast, Ghana, Cameroon and Nigeria.

The study, by the independent research group Climate Central, found the trend was particularly marked in Ivory Coast and Ghana, the two biggest cacao producers."

Wednesday, November 9, 2022

Market design coffee m&ms

 Here's an inside joke, for market design coffee (and candy) fans, particularly for regulars at our market design coffees at Stanford.



Here's a clue:

D4Market Structure, Pricing, and Design
D40General
D41Perfect Competition
D42Monopoly
D43Oligopoly and Other Forms of Market Imperfection
D44Auctions
D45Rationing • Licensing
D46Value Theory
D47Market Design
D49Other

HT: Carmen Wang


Sunday, December 27, 2020

Global chocolate production and consumption

This map  of cocoa production and consumption from the Cocoa Barometer 2020 would make it easy to guess which way is North (were it not for Australia)...

 



Sunday, July 26, 2020

Chocolate is good for your heart

Breaking (good) news on the chocolate science front--from the European Journal of Preventive Cardiology

Association between chocolate consumption and risk of coronary artery disease: a systematic review and meta-analysis
Chayakrit Krittanawong, Bharat Narasimhan, Zhen Wang, Joshua Hahn, Hafeez Ul Hassan Virk, Ann M Farrell, HongJu Zhang, WH Wilson Tang
First Published July 22, 2020  https://doi.org/10.1177/2047487320936787

"Clinical trials have shown that the consumption of chocolate has favorable effects on blood pressure and endothelial function.1 The previous meta-analysis showed that many dietary components, including chocolate, appear to be beneficial for cardiovascular disease.2 However, the potential benefit of increased chocolate consumption, reducing coronary artery disease (CAD) risk is not known. We aimed to explore the association between chocolate consumption and CAD.
...
"In the present meta-analysis, we found that chocolate consumption (>1 time per week or >3.5 times per month) is associated with a reduced risk of CAD."