and the impact could multiply supply concerns. A negative factor for cocoa was the recent action by the Ivory Coast government to boost farm-gate prices for cocoa producers by 50% for mid-crop beans.
The Cocoa Market is projected to grow from US$ 15,156.7 million in 2023 to 2033 US$ 23,981.1 million by 2033, at a CAGR of ...
Cocoa’s record-breaking rally this year has been exacerbated by the long-term underpayment of farmers in key growers, ...
Cocoa price has tumbled hard recently as some hedge funds unwound their bullish trades. After peaking at $12,253 in May, it ...
The meteoric rise in cocoa bean futures has been nearly unprecedented in commodity markets, with some now referring to ...
Cocoa’s price rally may have peaked, according to financial firm Rabobank, which pointed to falling prices for the commodity ...
Others buy properties in regional areas, where they have a previous connection and prices are cheaper than capital cities. Among them is Emily Simpson, a senior property manager at Little Real ...
He said there had been a significant increase in cocoa prices, which have soared from RM9,000 to RM28,000 per tonne. This upward trend is anticipated to continue over the next two to three years ...
chocolate and snack foods company Hershey ... Hershey's financial results and commentary is the rising cost of cocoa and the impact it is having on the company and consumers. "While historic cocoa ...
Hershey considers price hikes, other measures to manage cocoa costs in 2025 Even though the company has “some coverage into ’25,” Buck warned that “sustained high prices will drive ...
This volatility in prices has led to a substantial increase of over USD3,000 per ton compared to contracts for delivery in the future, as traders scramble to secure a dependable source of cocoa beans.
Although there are no easy solutions to the complex challenges facing cocoa farmers and the natural world, I'm proud of the impact we’re having together. Tejinder Singh Saraon ofi Cocoa ...