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People make cocoa powder by crushing cocoa beans and removing the fat or cocoa butter. Today, cocoa is most famous for its role in chocolate production.

Prices were $4 to $4.20 per lb for 10% to 12% natural cocoa powder (East Coast points) on March 28, up from $2.05 per lb a year ago and $1.50 per lb two years ago.

Cocoa Butter Buds “has the ability to make standard cocoa powder mimic premium cocoa/chocolate flavor by providing the key missing ingredient, fat,” Ivey explained.