Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
The price of cocoa, the main ingredient in chocolate, has been on an unsweet price hike for the last two years. Visit this ...
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 ...
Cocoa prices expected to remain firm due to weather conditions, with concerns over supply deficits driving up prices.
Soaring cocoa prices and the cost-of-living crisis are pushing confectioners to rethink pricing, pack sizes, and innovation.
Market prices for the seasonal treats' key ingredient sit at around £8,600 a tonne and have more than doubled compared with ...
After four years of groceries pricing increasing at a double digit clip, Americans can expect threatened tariffs to increase ...
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further financial strain. Operational challenges persist, with disappointing Q3 ...
Cocoa prices Friday extended Thursday's sharp losses, with NY cocoa posting a 2-week low and London cocoa posting a 1-month low. Cocoa prices are under pressure as recent rain in West Africa has ...
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 jumped Wednesday on the outlook for the global cocoa deficit to widen. Last Friday, the International Cocoa Organization (ICCO) said a survey of global cocoa stockpiles at the end ...