The surge in cocoa prices, coupled with higher transportation costs, led to a 650-basis-point decline in the company's ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
The outlook for food producers who rely on cocoa is more challenging in FY25 as unforeseen weather deterioration in West ...
Hershey (HSY -1.90%) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt ...
Explore the impact of soaring cocoa prices on chocolate makers, consumer demand, and Easter product launches in 2025.
Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on ...
While the S&P GSCI measures the performance of the world’s largest commodities, roll yield dynamics can have a significant ...
Tony’s Chocolonely revenue topped €200m for the first time last year, although losses surged as the company weathered ...
Cocoa prices expected to remain firm due to weather conditions, with concerns over supply deficits driving up prices.
WHICH IS CONSIDERED A BENCHMARK FOR COCOA PRICES, HAVE GONE UP OVER 300% IN THE LAST FEW YEARS. FOR MANY YEARS, THE PRICE OF BEANS HAS BEEN PRETTY LOW, AROUND 3000 A TON, AND IT’S GONE WAY UP AS ...
Cocoa prices today are moderately higher on carryover support from last Friday when the International Cocoa Organization (ICCO) said a survey of global cocoa stockpiles at the end of the 2023/24 ...
The price of cocoa, the main ingredient in chocolate, has been on an unsweet price hike for the last two years. Visit this ...