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 ...
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 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 ...
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 ...