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Will Hershey's Recent Price Hikes Hurt Your Pockets This Halloween? By Ashley M. Jacobs Sept. 10, 2025 4:25 pm EST

Global chocolate supply has been in trouble for years due largely to climate, as extreme weather and ensuing crop disease wreak havoc on West African cocoa farms and affect their supply. As a result, chocolate prices are soaring : CNBC reported that one metric ton of chocolate cost $2,374 in 2022; in January 2025, the same amount was $8,177 and only decreased to $7,855 last month.

To contend with rising cocoa prices, The Hershey Company announced at the end of July that it was increasing prices on full-size and king-size versions of some of its products, like Reese's and Kit Kat, by 26%, with those changes hitting consumers on Septe

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