Hershey (NYSE: HSY) is struggling today. Cocoa prices are sky-high thanks to some unique dynamics in the cocoa market. Here's ...
The outlook for food producers who rely on cocoa is more challenging in FY25 as unforeseen weather deterioration in West ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices.
Explore the impact of soaring cocoa prices on chocolate makers, consumer demand, and Easter product launches in 2025.
The price of cocoa, the main ingredient in chocolate, has been on an unsweet price hike for the last two years. Visit this ...
Cocoa prices expected to remain firm due to weather conditions, with concerns over supply deficits driving up prices.
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 ...
Soaring cocoa prices and the cost-of-living crisis are pushing confectioners to rethink pricing, pack sizes, and innovation.
Bakers and chocolate makers are raising prices ahead of one of the biggest days for chocolate sales. Cocoa bean prices on the international exchange have risen by over 300% in the last two years.
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 ...
Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices Hershey Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...
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 ...