The biannual report, which focuses on developments affecting global food and animal feed markets, highlights that higher costs for cocoa, coffee, and tea are driving the increase, while disparities in ...

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Rome - The global import food import bill is expected to increase by 2.2 percent from the previous year to more than $2 trillion in 2024, pushed up by higher prices for cocoa, coffee and tea and also ...

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That’s because cocoa prices have more than doubled since the start of the year and have remained at record highs, according to Wells Fargo data shared with CNN. The surging prices have caused ...