Cocoa hit a record of nearly $13,000 per ton on the Intercontinental Exchange, as sharp fluctuations continue in other commodities, especially in the agricultural group, following President-elect Donald Trump’s election win in November. The ton price has risen more than 200% since the beginning of 2024 and reached a high of $12,931 amid supply concerns. Climate and weather conditions also greatly contribute to price fluctuations of agricultural commodities. Cocoa prices ...