Monday closed down -140 (-1.74%), and May ICE London cocoa #7 (CAK25) closed down -61 (-0.97%). Cocoa prices fell on Monday ...
Hershey ended a turbulent 2024 relatively well while surging cocoa prices affected the company. Derivative hedges eased earnings pressure in 2024 against stagnating adjusted earnings. After a more ...
The price per ton of cocoa ended 2024 with a 178.2% surge, closing at $11,675 after reaching an all-time high of $12,931.
D.A. Davidson, and other analysts, say elevated cocoa prices continue to cast a dark cloud over chocolate makers such as Hershey, which have been forced to raise prices and risk alienating ...
I rate The Hershey Company stock as a HOLD, waiting for the earnings hype to cool down before potentially buying. I expect cocoa prices to keep rising due to climate change, negatively impacting ...
Demand concerns are weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...
Demand concerns are weighing on cocoa prices. Executives from chocolate makers Hershey and Mondelez recently warned that high prices are hurting demand. On February 4, Mondelez executives ...
The soaring price of cocoa over the past year has pushed up ... was recently named the winner of the 2024 Cadbury Bunny Tryouts from The Hershey Company, defeating a cat named Loki in the final ...
Chocolate maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the ...
Big chocolate brands such as Nestle, Hershey and Mondelēz, which makes Cadbury and Milka, have all raised prices, too, and warn of further increases over this year. The world’s supply of cocoa ...
Tricia Brannigan, Hershey's vice president for procurement ... ICE declined to comment. ICE cocoa futures prices in New York and London have fluctuated wildly in recent months after hitting ...