BRUGES, Belgium (AP) — St. Valentine chocolates always seek to show how deep your love is. This year, it might just also show how deep your pockets are.

With the price of cocoa beans setting unprecedented records on the commodities market, it will certainly turn the gift of love into a bigger financial commitment than it once was. Turns out that if love is reputed to be eternal, a low price for cocoa, the essential ingredient in chocolate, is not.

No beans, no Valentine’s chocolate

“The price increase of cocoa is absolutely spectacular, now for 2, 2½ years,” said Philippe de Sellier, the head of both Leonidas and Belgian chocolate federation Choprabisco. When it stood at less than $2,000 a ton in the summer of 2022, it really took over early last year and peaked at well over $12,000 during the Christmas season and has been hovering around the $10,000 mark since.

“We are seeing unprecedented prices. They haven’t been this high for the last 50 years,” said Bart Van Besien, policy adviser of the Oxfam fair trade group. And the impact can be felt deep in chocolate gourmet country Belgium, where some of its 280 chocolate companies are left with a bleeding heart during Valentine’s week.

Dominque Persoone, owner of the famed Chocolate Line brand, still has plenty of beans to grind in his workshop in Bruges, but considers himself lucky, partly because he also has his own cocoa plantation in Mexico.

“I have a lot of colleagues who are really in trouble, because the price is too high,” he said. “If you don’t have good contacts, they just don’t deliver anymore.”

Some just close for Valentine, he said, turning one of the few financial bonanzas of the year into a forced vacation, hoping that Easter, with its eggs and bunnies, will bring better tidings. Many chocolatiers can’t go for the usual profit margins and turn all the extra costs of the cocoa prices over to their customers. Persoone said that his chocolates increased in price by 20% over the last year alone while de Selliers said that it depends very much from producer to producer.

The perfect chocolate storm

The shock of cocoa prices pretty much is a metaphorical perfect storm, mixing climate, disease, commodity speculation, the plight of farmers and social ascendency around the world into one heady mix.

“The drop that has happened now in production was directly linked to climate change,” said Van Besien, blaming changes in annual rain and drought patterns in western Africa that weakened the sensitive trees in key production areas. Persoone also said that the temperature differences between night and day increased in the small strip of land around the equator where the trees can thrive. Compounded by disease, it made sure too many harvests failed.

At the same time across the world, populations lifted themselves out of poverty, middle classes expanded in places like China and the craving for the delicacy increased.

And making matters worse, the years of slumping prices for the beans simply drove farmers off the land to look for a better future in the cities and pushed production further down. De Selliers said that “60 % of cocoa comes from Ivory Coast and Ghana and these farmers have to make a better living. It is extremely important.”

Persoone concurred: “We didn’t pay enough to have an honest price for the farmers.”

So, strangely enough, low prices then, help cause high prices now.

“The big irony in the cocoa industry is that farmers are now getting a fair price at the moment they are abandoning cocoa farming,” Van Besien said. “With the price they are getting right now, they could have invested in sustainable practices. They could have sent their children to school.”

Chocolate love within reach

Does it mean a premier box of chocolates is a guilty pleasure on Valentine’s Day?

“Yeah, the guilt question …. It’s one that always works,” said Van Besien, the fair trade expert. “We could not survive if we would be thinking about these things all the time,” arguing that legislation should trump consumer emotions.

“We should have laws that make buying cocoa below the cost of the production something illegal. And it should not be up to the consumer to make this decision,” he said. Both de Selliers and Persoone hope that if the prices drop down again, they stay around the $5,000 or $6,000 mark.

“I really, really hope the money goes to the farmers,” Persoone said.

So in the meantime, despite the price hikes, the chocolate shouldn’t leave too bitter a taste.

“It’s a small luxury that most people still can afford,” Persoone said. “I hope it stays like this.”

OMAHA, Neb. (AP) — Egg prices hit a record high as the U.S. contends with an ongoing bird flu outbreak, but consumers didn’t need government figures released Wednesday to tell them eggs are terribly expensive and hard to find at times.

The latest monthly consumer price index showed that the average price of a dozen Grade A eggs in U.S. cities reached $4.95 in January, eclipsing the previous record of $4.82 set two years earlier and more than double the low of $2.04 that was recorded in August 2023.

The spike in egg prices was the biggest since the nation’s last bird flu outbreak in 2015 and accounted for roughly two-thirds of the total increase in food costs last month, according to the U.S. Bureau of Labor Statistics.

Of course, that is only the nationwide average. A carton of eggs can cost $10 or more in some places. And specialized varieties, such as organic and cage-free eggs, are even more expensive.

“We do use eggs a little less often now. You know, because of the price,” said Jon Florey as he surveyed his options in the egg case at Encinal Market in Alameda, California. “I was going to make a quiche that I like to make and it’s about six eggs, so I figured I’d do something else.”

When are egg prices expected to go down?

Relief is not expected any time soon. Egg prices typically spike around Easter due to high holiday demand. And the U.S. Department of Agriculture predicted last month that egg prices were likely to go up 20% this year.

Even if shoppers can afford eggs, they may have difficulty finding them at times. Some grocers are having trouble keeping their shelves stocked, and customers are encountering surcharges and limits on how many cartons they can buy at a time.

Encinal Market owner Joe Trimble said he has a hard time getting all the eggs he orders from his suppliers, so most of the time his shelves are only about 25% full.

“It’s something you don’t think about until you look at the shelf and it’s nearly empty,” Trimble said. Eggs are “just expected to be there in the same way you expect there to be milk. It’s a key item to have in a grocery store because people don’t go out looking for something else to eat on a Saturday morning. They want it. They want to have some scrambled eggs or over-easy eggs on a Saturday morning.”

How bad is the bird flu outbreak?

The main reason that eggs are more expensive is the bird flu outbreak. When the virus is found on a farm, the entire flock is killed to limit the spread of disease. Because massive egg farms may have millions of birds, just one outbreak may put a dent in the egg supply. Nearly 158 million birds have been slaughtered overall since the outbreak began.

The Agriculture Department says more than 23 million birds were slaughtered last month and more than 18 million were killed in December to limit the spread of the bird flu virus. Those numbers include turkeys and chickens raised for meat, but the vast majority of them were egg-laying chickens.

And when there is an outbreak on a farm, it often takes several months to dispose of the carcasses, sanitize the barns and raise new birds until they are old enough to start producing eggs, so the effects linger.

Bird flu cases often spike in the spring and fall when wild birds are migrating because they are the main source of the virus, but cases can pop up any time of year. The virus has also spread to cattle and other species, and dozens of people — mostly farmworkers taking care of ill animals — have been sickened.

But health officials say the threat to human health remains low and eggs and poultry are safe to eat because sick animals aren’t allowed into the food supply. Plus, properly cooking meat and eggs to at least 165 degrees Fahrenheit kills any virus, and pasteurization neutralizes bird flu in milk.

What else is driving egg prices up?

Egg farmers also face higher feed, fuel and labor costs these days because of inflation. Plus, farmers are investing more in biosecurity measures to try to protect their birds.

Ten states have passed laws allowing the sale of eggs only from cage-free environments. The supply of those eggs is tighter and focused in certain regions, so the effect on prices can be magnified when outbreaks hit cage-free egg farms.

Many of the egg farms with recent outbreaks were cage-free farms in California. Cage-free egg laws have already gone into effect in California, Massachusetts, Nevada, Washington, Oregon, Colorado and Michigan.

Total demand for eggs is also up significantly in recent years. Consumers are buying more eggs, and the growth of all-day breakfast restaurants is adding to demand.

CoBank analyst Brian Earnest said the current cost of eggs could discourage some buying, which would ease the demand pressure but might not have a noticeable effect. It will likely take months for egg producers to fill the gaps in supply.

“As consumers continue to stock up on eggs, supplies at the store level will remain tight, and with Easter right around the corner, that could prolong the tighter supplies,” Earnest said.

While prices remain elevated, producers of baked goods and other food items that rely on eggs as a main ingredient will have to decide how much to increase prices or reduce production, he said.

DALLAS (AP) — The FBI on Tuesday said it discovered 2,400 new records related to the assassination of former President John F. Kennedy as federal agencies work to comply with President Donald Trump’s executive order last month to release thousands of files.

The FBI said it’s working to transfer the records to the National Archives and Records Administration to be included in the declassification process.

The federal government in the early 1990s mandated that all documents related to the Nov. 22, 1963, assassination be housed in a single collection at the National Archives. And while the vast majority of the collection — which includes over 5 million pages of records — has been made public, researchers estimate that 3,000 files haven’t been released, either in whole or in part.

The FBI did not say in its statement what kind of information the newly discovered files contain. The FBI in 2020 opened a Central Records Complex and began a yearslong effort to ship, electronically inventory and store closed case files from field offices across the country. The agency said a more comprehensive records inventory along with technological advances allowed it to quickly search and locate records.

Jefferson Morley, vice president of the Mary Ferrell Foundation, a repository for files related to the assassination, called the FBI’s disclosure of the files “refreshingly candid.”

“It shows that the FBI is serious about being transparent,” said Morley, who is also editor of the JFK Facts blog.

Morley said it sets a precedent for other agencies to come forward with documents that haven’t yet been turned over to the National Archives.

Trump’s order last month directed the national intelligence director and attorney general to develop a plan to release classified records related to Kennedy’s assassination. A spokesperson for the Office of the Director of National Intelligence said that as required by the order, a release plan has been submitted, but offered no details about the plan or a timeline for when records may be made available to the public.

The collection was required to be opened by 2017, barring any exemptions designated by the president. In his first term, Trump said he would allow the release of all of the remaining records but ended up holding some back due to potential harm to national security. And while files continued to be released under former President Joe Biden, some remain unseen.

The assassination fueled conspiracy theories for decades. Kennedy was fatally shot in downtown Dallas as his motorcade passed in front of the Texas School Book Depository building, where 24-year-old assassin Lee Harvey Oswald was positioned in a sniper’s perch on the sixth floor. Two days after Kennedy was killed, nightclub owner Jack Ruby fatally shot Oswald during a jail transfer.

The Warren Commission, established by then-President Lyndon B. Johnson to investigate the assassination, found that Oswald acted alone and that there was no evidence of a conspiracy. But that conclusion never quelled a web of alternative theories over the decades.

Gerald Posner, author of “Case Closed,” which concludes that Oswald acted alone, said one possibility is that the newly discovered files are repeats of documents that are already in the National Archives’ collection.

“If they are really new assassination documents, then it raises a whole bunch of questions about how they were missed for all of these years,” Posner said.

He said the “wow” would be if they are related to Oswald or the investigation.

The documents released over the past several years from the collection have offered details on the way intelligence services operated at the time, and include CIA cables and memos discussing visits by Oswald to the Soviet and Cuban embassies during a trip to Mexico City just weeks before the assassination. The former Marine had previously defected to the Soviet Union before returning home to Texas.

Morley said the CIA’s surveillance of Oswald has been the “emerging story over the last five to 10 years.” He said there could be information on that in the new files.