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World sugar shortage due to extreme weather threatening Halloween candy prices
Extreme weather takes big swipe at global sugar supply ahead of Halloween
Jon Davis, Chief Meteorologist for Everstream Analytics, joined FOX Weather on Sunday to explain how extreme weather events around the world have taken a big swipe at global sugar supplies ahead of the busy Halloween season.
Extreme weather has dealt major blows to the sugar industry worldwide this year, which could cost you more cash to fill up the trick-or-treat bags.
“This has been a very tough year for global sugar. If you look at the top ten producing countries this year, six of them have had extreme weather,” Chief Meteorologist at Everstream Analytics, John Davis, told FOX Weather. “And the ramification of that is higher prices for anything that you use sugar for, including candy.”
He points to drought in Thailand, the fourth-largest producer, cutting production by almost a quarter. India, the U.S. and
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