There may be fewer chocolate bars for trick-or-treaters this Halloween as chocolate prices continue to be high.

The price of cocoa has more than doubled since the beginning of 2024, with peak prices hitting in late 2024, according to a report from Wells Fargo Agri-Food Institute. While prices have come down slightly, they remain at or near record highs, David Branch, Wells Fargo Sector Manager told USA TODAY.

"The adults are going to be spending more to give chocolate, but I think you're also going to see a lot more gum, suckers and other hard candy," he said.

Candy is big business

Spending on Halloween candy is expected to be $3.9 billion, according to the National Retail Federation's annual consumer survey.

“Even with concerns about price increases due to tariffs, Halloween conti

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