Wednesday closed up +116 (+1.00%), and March ICE London cocoa #7 (CAH25) closed up +107 (+1.16%). Cocoa prices Wednesday rose ...
Janay Wright writes about food, events and the outdoors for The Bend Bulletin. As the company’s Audience Engagement and ...
Barry Callebaut shares fell on Wednesday after the company missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand. Shares were down 5.9% at ...
Investors flock to cocoa tech firms producing alternative chocolates amid price surge Investors pivot towards innovative ...
Hershey faces challenges, including record-high cocoa prices and potential demand impacts from weight loss drugs. Click here ...
a fast-moving disease spread by insects that kills the cocoa tree within a few years of infection. To insulate producers from wild price swings, governments in Ghana and Ivory Coast set price ...
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Cocoa prices have soared due to poor climate and bean disease in West Africa - which is home to 70 percent of global cocoa production - which has tightened supply. 'If we don't change how we ...
If things continue to go the way they are, only two-thirds of cocoa trees will be left by 2050. The industry is itself a major contributor to the crisis – a bar of chocolate requires 1,700 litres of ...
Cocoa closed out 2024 ahead of every major commodity, after a year of poor weather and weak harvests sparked a triple-digit gain for the bean. Cocoa gained about 172% in the past year, briefly ...
Top cocoa producers Ivory Coast and Ghana have suffered crop losses due to adverse weather, bean disease, smuggling and reduced plantations in favour of illegal gold mining. Dryness has strained ...