ALBA, Italy, Aug. 15 (UPI) -- Nutella enthusiasts around the world are in a panic as they're faced with potentially rising prices and a possible shortage of the beloved hazelnut spread.
After hail storms and frost devastated hazelnut crops along Turkey's Black Sea coast in March, prices rose from $6,500 per ton to $10,500. Turkey currently grows over 70 percent of the world's supply of hazelnuts. All told, up to 300,000 tons of hazelnuts are feared to be damaged by the extreme weather.