How chocolatiers are battling high cocoa prices: Jacques Torres

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Cocoa Prices (CC=F) have been on the rise due to problems with cultivators in West Africa, climate change, and complexities involving futures markets in...

have been on the rise due to problems with cultivators in West Africa, climate change, and complexities involving futures markets in regards to supply and demand.

Torres elaborates on how he is coping with the high prices, saying,"We might put a little bit more inclusion into the chocolate," so adding extra nuts, for example, to offset the use of less chocolate."If your almonds are a little less expensive than your chocolate, you're going to a little bit more almonds," he says. -Australian shipbuilder Austal said on Tuesday it had rejected an A$1.

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