ICE NY cocoa (CCH25) today is down -434 (-4.13%), and March ICE London cocoa #7 (CAH25) is down -255 (-3.08%). Cocoa prices ...

farmers begun replacing cocoa trees with more sustainable palm oil plants, further exacerbating supply issues for confectionary companies like Hershey (HSY) and Mondelez (MDLZ). “We are laser ...

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 ...

Thursday closed down -420 (-3.99%), and March ICE London cocoa #7 (CAH25) closed down -256 (-3.10%). Cocoa prices Thursday extended this week's sharp decline, with NY cocoa posting a 6-week low and ...

Hershey (NYSE: HSY) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic. Cocoa prices are sky-high ...

Initially, concerns were raised when Hershey sought permission from the Commodity Futures Trading Commission to purchase a significant amount of cocoa, which led to speculation about rising cocoa ...

The request is a clear indication of the pressures Hershey faces as the cocoa market tightens due to a fourth consecutive year of supply shortfalls. Adverse conditions such as disease and ...

Bloomberg reported late Wednesday that Hershey wants to take a position ... cocoa prices after some Ivory Coast and Nigerian cocoa farmers this week reported that cocoa trees are beginning to ...

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 ...

Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...

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 ...