Cocoa futures hit a new 12-year high today and both Hershey (HSY) and Tootsie Roll (TR) are crashing.
Over the last three months, cocoa futures are up by 21.13% causing HSY and TR to decline by 15.76% and 16.61% respectively!
Cocoa is up by 41.45% year-to-date and up by 50.77% over the last twelve months.
The world is facing a global chocolate shortage.
According to scientists at the National Oceanic and Atmospheric Administration (NOAA), cacao plants will most likely be extinct by 2050.
Preparing Americans for Hyperinflation
