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Extreme weather expected to cause food price volatility in 2025 after cost of cocoa and coffee doubles
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Extreme weather events are expected to drive food price volatility in 2025, with cocoa and coffee prices rising 163% and 103% respectively over the past year. Research by consultancy Inverto links these increases to extreme weather, including higher temperatures and rainfall in producing regions. Other commodities like sunflower oil, orange juice, butter, and beef also saw significant price hikes. Experts warn that climate change will intensify extreme weather, threatening food security. They urge diversifying supply chains to mitigate risks.
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