Cocoa dropped in New York, heading for a weekly decline, amid concerns about weaker demand in the wake of record prices. Futures slipped as much as 10% to hit the lowest since early December.
(Bloomberg) -- Executives from Hershey Co. and Mondelez International Inc. signaled more price increases may be coming as the chocolate makers navigate a sustained rise in cocoa prices.
Nigeria’s cocoa industry has received a significant boost with a $40.5m investment from British International Investment, the UK’s development finance institution, in partnership with ...
The Minister for Food and Agriculture, Eric Opoku, has announced that the government will offer cocoa farmers 70% of the world market price for their produce, exceeding the initially proposed 60%.
Consumers with a sweet tooth will pay more for one of the most popular Valentine's Day treats this year. Cocoa prices skyrocketed, compared with a year ago, due to crop conditions coupled with ...
Cocoa (Theobroma cacao L.) is a vital cash-crop for four to six million small-holder farmers across the tropics, and supports a global chocolate industry valued at over USD 100 billion annually.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stocks of cocoa in London and New York have plunged to all-time lows in the latest sign of a shortage that ...
Ghana Civil-Society Cocoa Platform has urged Ghanaians to unite to demand an end to illegal mining, popularly known as gamalsey. In a press release to mark the National Chocolate Day celebration on ...
Copyright 2025 The Associated Press. All Rights Reserved. The price of cocoa beans is setting unprecedented records on the commodities market, making the love token a ...
Rising cocoa prices are shadowing big food’s financial outlook on 2025, despite most of the majors posting strong 2024 results this month. Mondelēz International earlier showcased a good set of ...
Crushing diseases that purged cocoa crops in West Africa, combined with a difficult growing season -- similar to the weather woes that spurred a spike in coffee prices-- have driven up cocoa ...
Wholesale cocoa prices rose 400% last year, and human-induced climate change is largely to blame, say two reports published just ahead of Valentine’s Day, revealing the chocolate industry’s dark side.
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