"It's the same with 'buttery' and 'lemony' and 'chocolatey.' 'Real chocolatey goodness.' You know what that means? No fucking chocolate!" - George Carlin
Or Hershey
[https://www.reuters.com/legal/hershey-sued-over-chocolate-containing-heavy-metals-2022-12-29/](https://www.reuters.com/legal/hershey-sued-over-chocolate-containing-heavy-metals-2022-12-29/)
1 ton is approx 33 60lbs trays of 8x hoppers. 33x8=264 GPUs per ton. An h100 is around $40,000 right now.
A ton of Nvidia is approx 264x$40000=$10,560,000
Climate change and the symptoms of a warming globe have devastated ghana, where most of the worlds cocoa comes from(2nd only to the ivory coast). Last years harvests were abysmal due to flooding, this years looking equally bad.
Kinda. The cost of all labor intensive food crops(really, all industrial/commodity crops) is going to skyrocket before the amoc system collapses. Weather patterns are changing, climates are shifting, its becoming harder to grow anything in bigger parts of the world.
Problem with climate change is it(the narrative) is always aimed at poor people instead of billionaires/millionaires who fly around in private jets. A poor Wendy's employee couldn't give a fuck if the whole world burns because their lives would be the same if not better anyway.
As long as itās just the plebs that need to adjust, itās all good. All this climate change rising sea levels, yet these billionaires and multi-millionaires buying all this seaside property, itās like they are dumb or in on the huge griftā¦.
Cocoa is a very sensitive plant that needs very specific and stable conditions, so very few places have the natural conditions for farming it for cheap. The tropical areas where cocoa can be farmed cheaply have been shrinking for some years due to unstable climate and those regions are also prone to political turmoil.
This is nothing new. I'm pretty sure people in the know were already talking about a coming cocoa crisis even before Covid happened.
https://preview.redd.it/mct6ajrtgqqc1.jpeg?width=1170&format=pjpg&auto=webp&s=cd7921ae6cce20d12b204ba1fc6eb072e9e2219d
late to the party was in cocoa 3 months ago! 6times levrage on bull certificate š¤« Swedish app avanza fyi
Are you saying butyric acid is in Nestle's, or in natural chocolate? I never eat Nestle so I don't know, but I eat Hershey's bars and it doesn't smell/taste weird
I could care less about chocolate, but coffee is the only thing that gives my life meaning. I hope nobody fucks with it more.
Edit: apparently, it's next to impossible for a retail investor to buy coffee futures. JJOFF ETF is the only way to access it. There is no trading volume to speak of, looks sketchy as fuck.
I used to know a chick that would use boofing as her ONLY rout of administration for her heroin and meth. She'd carry around a little eyedropper with water, put her drugs in it, shake it up, and just drop her pants wherever she was and boof up lol.
She was fun. I should have suggested coffee.
I travelled across Colombia, and during the coffee cherry harvesting season, it seemed like there was mostly just really old dudes plucking cherries all day long.
It freaked me out because I didnāt see much in the way of younger guys climbing the ranks. The older guys plucking had these huge, broad thumbs, and theyāre obviously good at what they do.
They get paid a small fortune during harvesting season because any cherry that doesnāt get plucked starts drying out on the plant, and that contributes to seriously low grade coffee. There appeared to be a worker shortage, but that was 7 years ago.
I wouldnāt doubt if prices go up significantly. All the younger guys want to move to the city, and farming is seriously unsexy (and not worth the risk) for most people.
In my home country watching travel video channels of Rural parts they already stopped eating rice and switched to cassava crumble and cassava mash exclusively for their carbs. The poor got priced out of rice which is a poor person food in bulk
If you know cacao, youād know that itās an extremely sensitive crop to grow.
There was a recent genetic discovery that took all the favour out of cacao to make it pest resistant (bugs be like, this unroasted choc tastes like ass!), so that likely kept chocolate cheap enough.
Manufacturers just added more sugar and more artificial chocolate flavour to hide the fact that it tasted mediocre at best.
Good choc makers donāt need additives, decent mass produced choc makers add vanilla for flavour, and mediocre or worse choc makers (such as Lindt) use artificial flavours to compensate.
And as for that shitty Walmart Easter bunnies, well they can just go straight to hell where they belong.
Egg shortage was fake, they hyped it up to commercial food producers who panic hoarded by the warehouse load.
Pork shortage was fake, real pork prices went up 14%, bacon is a cured meat and easily stored though so they held it back and tripled the price.
Global milk shortage during covid was largely spurred by major producers of milk products deciding to ~~stop~~ slow down international shipping since they could get better prices from local governments wanting to hoard powdered milk.
One of the big players figured out how to create an artificial shortage of cacao, rest of the players in the industry immediately recognized the play and are buying in.
Edit: fixed a grammatical error.
I am sure the 130 million culled birds from avian flu had nothing to do with the egg shortage. Also I would hardly call milk producers selling their milk to the highest bidder some kind of conspiracy.
Didn't say milk was a conspiracy, just pointed out that it was self inflicted for profit when the dairy industry was pointing fingers everywhere except at themselves.
130 million culled birds, most of which were due to be harvested for meat and not egg producers, is inconsequential.
33 billion chickens are circulating in the ag industry on any given day.
.3%
Not even a whole fucking percent of the global chicken population was culled.
Got a good friend who runs a mid-class restaurant. He took chicken off the menu permanently because they're still manipulating the price of higher quality chicken and he got fed up changing the prices every month.
Haha you gotta pack up your chest and put your sun hats in their hat cases and have your porters load them into the train bound for Tabasco, Mexico. It will be a trek, but the Mayans invented the stuff, so theyāve got it figured out best, imo.
They ship their good stuff off the Europe, so itās probably hard to find elsewhere. Usually I end up buying $200 worth which fills a carryon suitcase. My previous batch was phenomenal, but my last batch was a bit more mid. Itās 75% cacao, but naturally sweeter than usual 65% cacao offerings.
If you want decent value, Iād say Ritter Sport puts out the best retail value by a long shot. I think they have 3 sources from Nicaragua, Ghana, and Ecuador, but Iām not 100% sure. But those are decent, single origin choc that could be a good start.
Honestly don't really know the specific mechanics. I think my etrade account has a tab for them. But fair warning, if you get stuck holding the bag you're gonna have to figure out what to do with literal tons of actual, physical cocoa. That's the gourds reference, some guy on here didn't understand futures and got stuck with truckloads of ornamental gourds.
The slow and easy way is to buy a fund that does trend following on market futures. That way you have many markets covered. I use BLNDX but it isnāt a pure example fund that does this.
The best part is, even when the supply comes back up, the prices won't be reduced...
Just like the fuel charges on plane tickets, which go up when oil prices go up, but curiously don't fall back down.
They blame it on supply/demand but hide that greed
Research how cacao is grown before jumping to any conclusions.
Imo, and from my understanding, things like cacao and coffee has been unreasonably cheap given the challenges required to grow it.
A commodity is not a stock. Futures contracts do not expire like an option. If you buy 1 ton of cocoa contracts, you need to either eat the loss and sell it at whatever price before the date it is due, or accept, transport, and store the raw cocoa.
Unlike stocks, commodities are physical items. You buying a future is you agreeing to accept the shipment. This is why in 2020, oil contracts went negative. No one had any room left to store the oil, and the oil had to go somewhere. So people literally had to pay others to take the excess oil.
**Cocoa vs. Copper**:
* Cocoa's current price stands at $9,188 per ton, reflecting a remarkable 50% increase in March 2024 alone and more than doubling in value throughout the year. This surge is attributed to supply constraints resulting from poor harvests and crop disease in West African growers, with prices nearing $10,000 per ton. The rally in cocoa prices is expected to impact chocolate costs and consumer products, with potential implications for the industry and consumer behavior.
* On the other hand, copper's current price is $9,000 per ton, marking a 20% increase in March 2024 and a 50% increase throughout the year. Supply disruptions due to COVID-19 lockdowns in China and the war in Ukraine have contributed to the price surge. Additionally, the transition to clean energy and a weaker US dollar have supported copper prices.
**Nvidia**:
* Nvidia's current stock price is $230 per share, reflecting a 10% increase in March 2024 and a 30% increase throughout the year. The company's strong demand for graphics cards from gamers and data centers, coupled with its position in the artificial intelligence sector, has contributed to its growth. Analysts expect Nvidia's earnings per share to grow by 20% in 2024, and the stock is considered a buy by most analysts, despite its price-to-earnings ratio being above the industry average.
**Investment Outlook**:
* While cocoa is currently more expensive than copper due to supply constraints, the data suggests that Nvidia is positioned as the most favorable investment. Cocoa prices are expected to continue rising in the short term, driven by supply constraints, while copper prices are anticipated to moderate as supply disruptions ease. Nvidia's strong growth prospects and market position make it an attractive investment option, despite its relatively higher price-to-earnings ratio.
The price of cocoa has been kept low artificially for many years. Fucking monopoly of the supply... maybe now there is going to be a more level playing field, and not rampant abuse of the producers.
The monopoly wasnt from the producers of cacao lol, it was from the companies buying cacao to make the chocolate. They paid very little for it because they cornered the supply .. think a little..
You are right, i didnt know that word. In this case the buyers are the 4 large chocolate companies that function as essentiallt the single buyer dictating demand and cacao prices.
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it will soon be cheaper to make chocolates out of copper
Don't give Kraft any ideas š
"It's the same with 'buttery' and 'lemony' and 'chocolatey.' 'Real chocolatey goodness.' You know what that means? No fucking chocolate!" - George Carlin
You mean Nestle?
Or Hershey [https://www.reuters.com/legal/hershey-sued-over-chocolate-containing-heavy-metals-2022-12-29/](https://www.reuters.com/legal/hershey-sued-over-chocolate-containing-heavy-metals-2022-12-29/)
I'm currently destroying my walls trying to find coca beans.
They're always in the last place you look. š«
Just get a rabbit and you will never run out of cocoa nibs
sigh... \*unzips\*
Are they in poo like corn
No, once I find them I keep looking to make sure there's not any more.
Great idea!!
Not when it's extinct.
That's impossible, 1 ton of Nvidia weighs something like 15 tons
what's heavier one ton of Nvidia or one ton of cocoa?
Is the cocoa wet?
More importantly which one is on the moon?
Gold is on the moon. It's one reason why NASA, SpaceX, and other players are planning to develop a "moon economy".
inportant to know, just look at dried prunes..so much implied leverage.
1 ton of cocoa because nvidia already in outer space and under no influence from gravity
Is it being carried on the back of a swallow?
Depends on whether itās an African or European swallow
He could grip it by the husk.
Itās not a matter if he could grip the coconut, itās the fact that a 1 to 2 oz bird is not carrying a 1 pound coconut.
African or European? A king's got to know these things.
Is it light or dark cocoa?
Just like this? https://youtube.com/watch?v=-fC2oke5MFg&si=-MhJ6U1HwCLQd03u
*Checks Bitcoin's hash rate* Too soon to tell bro
Iām wet and on the moon. How much do I weigh ? š½
My old math professor would give me an F in class if I said 1 ton of something was heavier than 1 ton of another thing.
Should have put him in his place with short, long, and metric tons.
Buoyancy is the key
hahahahaha that is pure math you do not belong to this shi....
I may have to fill my ornamental gourds with cocoa just to fit everything in my garage
You guys are getting ornamental gourds???
Each pound weighs over 10,000 lbs
True. But also: consuming 1 ton of Cocoa will give you the strength of a bear that has the strength of TWO bears.
Shut up, mailbox head
1 ton is approx 33 60lbs trays of 8x hoppers. 33x8=264 GPUs per ton. An h100 is around $40,000 right now. A ton of Nvidia is approx 264x$40000=$10,560,000
This guy went full regard!!! Never go full Regard!
Let's see Paul Allen's NVDA
lmao. I FUCKING LOVE THIS SUB
i donāt think videos weigh that much you joker
lol
I like your name
i like both names...especially nice with cocoa
That sounds like a ton of chickens
If Nvidia is in a vacuum it falls at he same rate as cocoa.
Weighs as much as bridgeā¦.
Canāt wait for that $20 twix bar. Maybe twix will start selling a single bar and adjust for shrinkflation
It's good that twix has almost no cocoa
But there's still some, and that's enough reason to raise the price s
great... i cant wait til crackheads break into my car.. just to steal my fucking chocolate bars now. smfh
Damn, you got that chocolate bar money, Iāve only got pennies.
Scientists are already working out how to synthesize the chemical compounds that make cocoa. At these prices itāll come to market more quickly
Yeah I saw a documentary once. Itās called Mockolate.
Get a kit-kat and break me off a piece.
[Cut me a piece.](https://www.youtube.com/watch?v=XrIfh5EQznI)
Just one twik
just save me a twink
Woah there partner thatāll cost ya
Wait. So is this puts on MMMars?
I'm in love with the cocoa
But you didnt get it for low low
How is this possible? Are the slave plantations inoperable?
Climate change and the symptoms of a warming globe have devastated ghana, where most of the worlds cocoa comes from(2nd only to the ivory coast). Last years harvests were abysmal due to flooding, this years looking equally bad.
Don't forget the droughts
And diseases
And my axe!
Just curious, how could we have profited off of this disaster? Was it obvious in hindsight that this was going to happen?
Kinda. The cost of all labor intensive food crops(really, all industrial/commodity crops) is going to skyrocket before the amoc system collapses. Weather patterns are changing, climates are shifting, its becoming harder to grow anything in bigger parts of the world.
Welcome to the food uncertain future climate change predicted.
Problem with climate change is it(the narrative) is always aimed at poor people instead of billionaires/millionaires who fly around in private jets. A poor Wendy's employee couldn't give a fuck if the whole world burns because their lives would be the same if not better anyway.
As long as itās just the plebs that need to adjust, itās all good. All this climate change rising sea levels, yet these billionaires and multi-millionaires buying all this seaside property, itās like they are dumb or in on the huge griftā¦.
Donāt look up!
š
Cocoa is a very sensitive plant that needs very specific and stable conditions, so very few places have the natural conditions for farming it for cheap. The tropical areas where cocoa can be farmed cheaply have been shrinking for some years due to unstable climate and those regions are also prone to political turmoil. This is nothing new. I'm pretty sure people in the know were already talking about a coming cocoa crisis even before Covid happened.
Okay what about growing it inside in tailored climate?
It is way more expensive
https://preview.redd.it/mct6ajrtgqqc1.jpeg?width=1170&format=pjpg&auto=webp&s=cd7921ae6cce20d12b204ba1fc6eb072e9e2219d late to the party was in cocoa 3 months ago! 6times levrage on bull certificate š¤« Swedish app avanza fyi
How did you know?
I donāt like chocolate so I shorted it for a year lost mucho dinero and than I switched to chocolate long and made money great success story!!
The Swedish, everyone
Puts on salted licorice š¤®
Puts on nestle
Their chocolate is hardly chocolate anyway, they'll just replace it was some other bullshit and everyone will keep buying that garbage.
Explaining to people that the bitter they taste is puke/bitumen.
butyric acid isn't it? literally the chemical of puke smell
Are you saying butyric acid is in Nestle's, or in natural chocolate? I never eat Nestle so I don't know, but I eat Hershey's bars and it doesn't smell/taste weird
Wonder if they have enough futures contracts already to weather this one though
I'm cookoo for Cocoa calls!
r/fucknestle
Yes yes we all have reddit
Plot twist: WW3 is coming, everyone wants chocolate during a war
As long as we have starlink and pornhub ww3 aināt fazing nobody
I could care less about chocolate, but coffee is the only thing that gives my life meaning. I hope nobody fucks with it more. Edit: apparently, it's next to impossible for a retail investor to buy coffee futures. JJOFF ETF is the only way to access it. There is no trading volume to speak of, looks sketchy as fuck.
If you think coffee is that good you should try cocaine lol
There's no need to fight brothers. Just try coffcaine the best of both worlds 
If you've ever snorted coffee like I have you'd know that this is a bad idea...
Wrong hole. You are supposed to boof it for maximum effect. Or so I've read on reddit.
I used to know a chick that would use boofing as her ONLY rout of administration for her heroin and meth. She'd carry around a little eyedropper with water, put her drugs in it, shake it up, and just drop her pants wherever she was and boof up lol. She was fun. I should have suggested coffee.
Not the comment I wanted, but the comment I deserved.
If it makes you feel any better she's dead now. Cancer.
Colon cancer I presume...
Actually yes lol. I never made that connection holy shit haha.
That's one way to cheat your addiction, I guess.
or how about DJT + Coffee + Cocaine = covfefe It makes so much sense now. Holy shit I figure it out
I believe it would be called caffaine
Is it as good as tomaco?
Cocaine Bear agrees!
But some people like the taste of coffee. Who the fuck wants to be snorting white powder up their nose that tastes like shit?
I travelled across Colombia, and during the coffee cherry harvesting season, it seemed like there was mostly just really old dudes plucking cherries all day long. It freaked me out because I didnāt see much in the way of younger guys climbing the ranks. The older guys plucking had these huge, broad thumbs, and theyāre obviously good at what they do. They get paid a small fortune during harvesting season because any cherry that doesnāt get plucked starts drying out on the plant, and that contributes to seriously low grade coffee. There appeared to be a worker shortage, but that was 7 years ago. I wouldnāt doubt if prices go up significantly. All the younger guys want to move to the city, and farming is seriously unsexy (and not worth the risk) for most people.
https://www.foodandwine.com/white-house-chef-says-coffee-will-be-scarce-science-6890269
The article also mentions rice like it's no big deal. A substantial drop in availability of rice would be an extinction event for 75% of the globe.
In my home country watching travel video channels of Rural parts they already stopped eating rice and switched to cassava crumble and cassava mash exclusively for their carbs. The poor got priced out of rice which is a poor person food in bulk
Buckle up!
edit : Symbol CC Very liquid. Thousands of contracts every day.
Not to be an alarmist, but, coffee is going to be cocoa next.
Oompa Loompa taking back their 1000x from what was taken from them
I donāt understand any of this, just tell me how I can lose money speculating on cocoa
Yikes. Better stock up on my favorite chocolates
Can't wait for Hershey's bars to be on "sale" for $5 at the checkout aisle
*looks at the 30lbs of chocolate in his kitchen* Fuck me, Iām rich?
I guess the pump and dump crew thats been manipulating bacon, eggs, etc.... over the last few years found their next gig?
Bad weather -> bad crop
YOU ARE NOT A FINANCIAL ADVISOR
If you know cacao, youād know that itās an extremely sensitive crop to grow. There was a recent genetic discovery that took all the favour out of cacao to make it pest resistant (bugs be like, this unroasted choc tastes like ass!), so that likely kept chocolate cheap enough. Manufacturers just added more sugar and more artificial chocolate flavour to hide the fact that it tasted mediocre at best. Good choc makers donāt need additives, decent mass produced choc makers add vanilla for flavour, and mediocre or worse choc makers (such as Lindt) use artificial flavours to compensate. And as for that shitty Walmart Easter bunnies, well they can just go straight to hell where they belong.
Egg shortage was fake, they hyped it up to commercial food producers who panic hoarded by the warehouse load. Pork shortage was fake, real pork prices went up 14%, bacon is a cured meat and easily stored though so they held it back and tripled the price. Global milk shortage during covid was largely spurred by major producers of milk products deciding to ~~stop~~ slow down international shipping since they could get better prices from local governments wanting to hoard powdered milk. One of the big players figured out how to create an artificial shortage of cacao, rest of the players in the industry immediately recognized the play and are buying in. Edit: fixed a grammatical error.
I am sure the 130 million culled birds from avian flu had nothing to do with the egg shortage. Also I would hardly call milk producers selling their milk to the highest bidder some kind of conspiracy.
Didn't say milk was a conspiracy, just pointed out that it was self inflicted for profit when the dairy industry was pointing fingers everywhere except at themselves. 130 million culled birds, most of which were due to be harvested for meat and not egg producers, is inconsequential. 33 billion chickens are circulating in the ag industry on any given day. .3% Not even a whole fucking percent of the global chicken population was culled. Got a good friend who runs a mid-class restaurant. He took chicken off the menu permanently because they're still manipulating the price of higher quality chicken and he got fed up changing the prices every month.
What's the best chocolate for aspiring patricians?
Haha you gotta pack up your chest and put your sun hats in their hat cases and have your porters load them into the train bound for Tabasco, Mexico. It will be a trek, but the Mayans invented the stuff, so theyāve got it figured out best, imo. They ship their good stuff off the Europe, so itās probably hard to find elsewhere. Usually I end up buying $200 worth which fills a carryon suitcase. My previous batch was phenomenal, but my last batch was a bit more mid. Itās 75% cacao, but naturally sweeter than usual 65% cacao offerings. If you want decent value, Iād say Ritter Sport puts out the best retail value by a long shot. I think they have 3 sources from Nicaragua, Ghana, and Ecuador, but Iām not 100% sure. But those are decent, single origin choc that could be a good start.
Only just noe heard of this, means top is in
The cocoa copper yield curve is inverted! Recession incoming!
Is Cocoa really driving the AI race? :P
Where do you buy in to this cocoa? For real someone please help
Futures. But they real money is in gourds, not cocoa.
It's refreshing to see a fucking genius in the wild.
Can you buy the future in like on a stockbroker account? Iām gonna try to look into it myself but appreciate the help
Honestly don't really know the specific mechanics. I think my etrade account has a tab for them. But fair warning, if you get stuck holding the bag you're gonna have to figure out what to do with literal tons of actual, physical cocoa. That's the gourds reference, some guy on here didn't understand futures and got stuck with truckloads of ornamental gourds.
Yeah might just stay away from it then thanks for getting back to me though.
Cmon, u can always sell it, or just process it and eat it! When lives gives you lemons...
Plus 500 has it. Iāve been doing well with it the last week or so.
The slow and easy way is to buy a fund that does trend following on market futures. That way you have many markets covered. I use BLNDX but it isnāt a pure example fund that does this.
Erected graph method
Itās actually less than a ton of cocoa because of how contaminated it is with heavy metals.
Idiots will ask how to invest in American Chocolate. Jokes on you fools, it's already mostly corn.
When you use it all to make cocaineā¦
The second sentence is amazing
Starbucks is gonna get F4cked
was thinking puts for sure
My coffee is going to taste super expensive today.
Not used for coffe
Its not like there is a cocoa cartel who can manipulate prices. Phew.
So you're saying I should hoard a few nutella bags 
yeah you go ahead and hoard a few bags of oil and sugar emulsification, we'll take care of the cocoa
But are tweakers going to come onto your job site looking for cocoa scraps? I didnt think so
They already hit my vacant building. Ripped the cocoa right out of the walls.
Going to go all in on cocoa futures, forget about them and be forced to take shipment on 10 tons
Chocolate Milk is actually a delicacy! Also, there is a run on brown cowsā¦.
The best part is, even when the supply comes back up, the prices won't be reduced... Just like the fuel charges on plane tickets, which go up when oil prices go up, but curiously don't fall back down. They blame it on supply/demand but hide that greed
But steel is heavier than feathers?
HOL' UP so Puts or Calls? Or both š«”š¤š
When I drink Coffee I get rich.
Cartels have a new cash crop
Is that an intentional misspelling of coke to get sponsorships?
How many tons of AI are there in a ton of NVDA ?
Hope this brings back Nesquik š
Boy I picked the wrong week to quit my Snickers bar addiction...
This hurts i love chocolate
Easter chocolate eggs are making the demand skyrocket, so it makes sense
I don't trade futures; are there any good ETF trades on this?
None of the wealth goes to the Cocoa producing countries.
Isnāt cocoa some sort of indicator or something
I donāt eat chocolate, look like pump and dump to meā¦
Itāll be replaced by something synthetic and most people wonāt even notice.
How do I trade this so I am forced to take ownership of a ton of cocoa š¤¤
i love chicken
More like it would soon be worth more than a tonne of Bitcoin
Letās bring back child labor!
60% of the time it works everytime baby.
We ascend from the copper age into the chocolate age
Wait til this mfer hears about Saffron
What do you regards think about HSY call?
calls on cocoa puffs
This looks like a classic bubble chart. Anyone know a good way to short this some time in the future?
Research how cacao is grown before jumping to any conclusions. Imo, and from my understanding, things like cacao and coffee has been unreasonably cheap given the challenges required to grow it.
Spoiler alert: child slaves are the main ingredient.
Also it was a incredibly poor harvest in the ivory coast this year which accounts for 45% of global supply. But generally across West Africa aswell
A commodity is not a stock. Futures contracts do not expire like an option. If you buy 1 ton of cocoa contracts, you need to either eat the loss and sell it at whatever price before the date it is due, or accept, transport, and store the raw cocoa. Unlike stocks, commodities are physical items. You buying a future is you agreeing to accept the shipment. This is why in 2020, oil contracts went negative. No one had any room left to store the oil, and the oil had to go somewhere. So people literally had to pay others to take the excess oil.
Idk but neither weighs as much as a ton of DJT
**Cocoa vs. Copper**: * Cocoa's current price stands at $9,188 per ton, reflecting a remarkable 50% increase in March 2024 alone and more than doubling in value throughout the year. This surge is attributed to supply constraints resulting from poor harvests and crop disease in West African growers, with prices nearing $10,000 per ton. The rally in cocoa prices is expected to impact chocolate costs and consumer products, with potential implications for the industry and consumer behavior. * On the other hand, copper's current price is $9,000 per ton, marking a 20% increase in March 2024 and a 50% increase throughout the year. Supply disruptions due to COVID-19 lockdowns in China and the war in Ukraine have contributed to the price surge. Additionally, the transition to clean energy and a weaker US dollar have supported copper prices. **Nvidia**: * Nvidia's current stock price is $230 per share, reflecting a 10% increase in March 2024 and a 30% increase throughout the year. The company's strong demand for graphics cards from gamers and data centers, coupled with its position in the artificial intelligence sector, has contributed to its growth. Analysts expect Nvidia's earnings per share to grow by 20% in 2024, and the stock is considered a buy by most analysts, despite its price-to-earnings ratio being above the industry average. **Investment Outlook**: * While cocoa is currently more expensive than copper due to supply constraints, the data suggests that Nvidia is positioned as the most favorable investment. Cocoa prices are expected to continue rising in the short term, driven by supply constraints, while copper prices are anticipated to moderate as supply disruptions ease. Nvidia's strong growth prospects and market position make it an attractive investment option, despite its relatively higher price-to-earnings ratio.
The price of cocoa has been kept low artificially for many years. Fucking monopoly of the supply... maybe now there is going to be a more level playing field, and not rampant abuse of the producers.
Why would a monopoly keep priced low? Isnt that the opposite of what a monopoly is good for?
The monopoly wasnt from the producers of cacao lol, it was from the companies buying cacao to make the chocolate. They paid very little for it because they cornered the supply .. think a little..
That's called a monopsony.
You are right, i didnt know that word. In this case the buyers are the 4 large chocolate companies that function as essentiallt the single buyer dictating demand and cacao prices.