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 ...

This is all good news, if one is to assume that the negative impact on Hershey's earnings will be limited to only one year. Even though cocoa prices will stabilize at some point, this seems as a ...

A sweeping new movie will pull back the foil on the true story behind America’s most iconic chocolate bar, Hershey ...

Demand concerns are also 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 U.S. is also a major importer of processed cocoa products like butter and powder from the EU, Malaysia and Indonesia. Trump slapped 20% tariffs on EU imports and 24% on Malaysian goods ...

Cocoa Tea, a celebrated reggae singer and songwriter, has died. He was 65. "I extend condolences to the family, friends, and supporters of Calvin George Scott, affectionately known as Cocoa Tea ...

NEW YORK, April 4 (Reuters) - World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by U.S. president Donald Trump's sweeping tariffs, especially after China ...