Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.
Minnetonka-based agribusiness Cargill expects Americans to buy 75 million pounds of chocolate for Valentine’s Day.
Whoever said that you can't put a price on love probably didn't have to spend money on food for Valentine's Day. This year, ...
It will be harder to find sweet deals on chocolate this Valentine's Day. In fact, the cost of chocolate might put a bitter ...
“The outlook has worsened,” said Piper Sandler analyst Michael Lavery, as the severely dry November and December risks a continued deficit of the cocoa bean, prompting a downgrade in Hershey ...
Hershey's chocolate business is dealing with historically high cocoa prices. The company is doing the things it needs to do to adjust, including raising prices. Although Wall Street is worried ...
Hershey Co.’s stock fell Friday, as Piper Sandler cut its rating on the chocolatier to underweight from neutral on Friday, as cocoa prices are expected to stay high. Piper Sandler Analyst ...
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 ...
The downgrade is primarily due to the firm's expectations that the elevated cocoa costs, which are a key ingredient in Hershey's products, will persist longer than initially anticipated, potentially ...
Cocoa farmers in the Huni Valley cocoa district of the Western Region have expressed support for the new government, and express the belief it would restore hope to one of Ghana’s key contributors to ...
The store is at the Jefferson Mall on Outer Loop will take over the space formerly occupied by Sears. The club offers groceries, gas, household essentials, tech, toys and more. And through Jan ...