For now, traders can ride the wave of cocoa’s bull market, but the long-term implications for consumers and the industry are ...
The company has increased its dividend for 15 consecutive years, and more broadly, it has trended higher for decades. By and ...
Chocolate lovers might notice their favourite sugary snack could cost a bit more or be a bit smaller as climate change ...
Ivory Coast’s Coffee and Cocoa Council (CCC) is expected to increase the state-guaranteed price paid to its cocoa farmers by ...
Cocoa prices have recently reached record highs, plunging the cocoa sector into disarray and damaging the financial outlook ...
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but pricing increases offset the decline. Operational challenges, primarily surging cocoa prices, contributed to the slow performance. Hershey' had a $460 million gain in 2024 from cocoa price ...
Profundo and Tierra Pura reveal that EUDR compliance will cost confectionery businesses as little as 0.10% of annual revenue.
Poor harvests in recent years in Ghana and the Ivory Coast have reduced the supply of cocoa, in turn making it more expensive ...
Faye Moffatt has also seen similar cocoa price increases at her shop, River Layne Chocolate Couture, in Saskatoon. "In 2023, it was about $3,300 a tonne and now it's up to about $10,000 to $12,000 a ...
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