10-15-24 RSO News RAV Augusta PM

Start Budgeting a Bit More for Those Trick-or-Treaters

October 15, 2024

Your Late Night News

Be sure to check out our sponsor for this edition!

Quote to Live By

"You can't be that kid standing at the top of the waterslide, overthinking it. You have to go down the chute."

— Tina Fey

 Africa to Blame for Higher Prices on Halloween Candy?

The price of cocoa has surged dramatically due to a confluence of factors including bad weather, disease, and supply chain issues in West Africa, leading to the highest cocoa prices in over a decade. This spike, exacerbated by financial speculation, has caught the attention of chocolate manufacturers who are now grappling with how to manage these increased costs. Some companies are considering passing on these costs to consumers, with potential adjustments like reducing product sizes or increasing prices, which could impact how much consumers spend on Halloween candy this year.

Chocolate producers, already under pressure from high cocoa costs, are exploring various strategies to mitigate this price surge, including the use of alternative ingredients or fillers to keep prices somewhat stable. 

However, these measures might not fully compensate for the cost increase, suggesting that shoppers might notice smaller candy bars or higher price tags when they go out for Halloween purchases. This situation reflects broader supply chain vulnerabilities in the chocolate industry, highlighting the delicate balance between production costs and consumer expectations.

There’s a lot happening behind the scenes. The Federal Reserve definitely doesn’t want you to know that gold and silver are being purchased left and right. Our FREE Gold IRA guide can help you figure out your next move.

A Quick Look at the Latest Tweet

Politicians say the darndest things, and we can’t help but share some of the craziest ones we’ve seen. Check out the latest we found…

This email has ads brought to you by our sponsors.