Hershey is increasing candy prices amid global cocoa shortage

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Hershey is increasing candy prices amid global cocoa shortage - CBS News

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The Hershey Company said that it's raising candy prices to keep up with the increasing cost of cocoa. There's an ongoing global shortage of the essential chocolate ingredient, as heat waves and heavy rain linked to climate change continue to significantly impact West Africa, which supplies the majority of the world's cocoa.

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