Guittard Chocolate Company CEO on Coping with Rising Cocoa Prices
Thursday, 4 April 2024, 10:48
155-year-old Chocolate Company Adapting to Cocoa Price Surge
In a recent interview, Guittard Chocolate Company CEO Gary Guittard shared insights on the impact of climate change and diseases on the company's cocoa sourcing. As cocoa prices rise, the historic company is bracing itself for challenges in maintaining quality and sustainability standards.
Key Points:
- Rise in Cocoa Prices: The company is experiencing dramatic increases in cocoa prices, impacting production costs.
- Climate Change Effects: Guittard outlined the challenges posed by changing weather patterns on cocoa cultivation.
- Adapting Strategies: The CEO emphasized the importance of implementing adaptive strategies to navigate the changing landscape of cocoa sourcing.
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