Hard-hit cocoa harvests in West Africa cause chocolate prices to soar worldwide

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Hard-hit cocoa harvests in West Africa cause chocolate prices to soar worldwide

If you've shopped for chocolate recently, you may have noticed your favorite items are either smaller or more expensive, or sometimes both. The price of cocoa -- the key ingredient in chocolate -- is the highest it's ever been after nearly doubling in the last four months. As Ali Rogin reports, this worldwide shortage has been years in the making.