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 ...
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 ...
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 ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...