" Confronting The Inevitable Chocolate Crisis "
"Confronting The Inevitable Chocolate Crisis" - Charting The Chaos In Cocoa Markets Bloomberg Opinion columnist Javier Blas, who covers energy and commodities, opined in a piece on Monday about the "coming meltdown" in the global chocolate industry following decades of under-investment across West…#bloombergopinion #javierblas #westafrican #westafrica #michelebuck #hersheyco #ivorycoast #ghana #cameroon #nigeria (Source: Reuters: Health)
Source: Reuters: Health - February 20, 2024 Category: Consumer Health News Source Type: news
Chocolate, Lyft's typo and India's election bonds : The Indicator from Planet Money
It's Indicators of the Week — our weekly look under the hood of our global economy. Today we look at why cocoa prices are soaring, whether India's electoral bonds are bad for democracy and how a typo sent Lyft shares (briefly) soaring. Related: Cocoa prices hit a 47-year high before Valentine's…#applespotify #planetmoney #applepodcasts #dropelectric #facebooknewsletter (Source: Reuters: Health)
Source: Reuters: Health - February 17, 2024 Category: Consumer Health News Source Type: news
Hedge fund stampede into cocoa futures fuels record price spike
Speculative traders have amassed a $8.7bn bet on further gains, the largest ever (Source: Reuters: Health)
Source: Reuters: Health - February 16, 2024 Category: Consumer Health News Source Type: news
Bakeries forced to hike costs, downsize Valentine's Day treats as ingredient prices surge
This Valentine's Day is bittersweet for bakery owners as they grapple with sky-high ingredient prices and customers who are reluctant to pay more for the same product. "Last year we were paying around $25 for a five-pound bag of cocoa. This year it's upwards of $50. In terms of brownies and…#katlynswaffer #foxfriendsfirst #oklahoma #fastest #geraldinekeough #dessertladies #newjersey #trump #westafrica #bidentakesaimat (Source: Reuters: Health)
Source: Reuters: Health - February 14, 2024 Category: Consumer Health News Source Type: news
Valentine's Day chocolate prices highest in years amid cocoa shortage
A bouquet of roses, dinner for two and a box of chocolates make up the essentials for a textbook Valentine's Day date. But lovers may experience sticker shock this year due to higher cocoa and sugar prices. Cocoa prices soared to all-time highs last week as deteriorating weather conditions and…#ghana #ivorycoast #sergeychetvertakov #elnino #davidbranch #elniño #southeastasia #africa #cacao #aztec (Source: Reuters: Health)
Source: Reuters: Health - February 14, 2024 Category: Consumer Health News Source Type: news
Your Valentine ’s chocolate could be more expensive this year
Cocoa prices are at a 47-year high just ahead of Valentine's Day. SUBSCRIBE | http://t.st/TheStreetTV MORE VIDEOS: ...#subscribe (Source: Reuters: Health)
Source: Reuters: Health - February 13, 2024 Category: Consumer Health News Source Type: news
Cocoa Prices Have Surged in Bitter Move for Chocolate Addicts
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Source: Reuters: Health - February 13, 2024 Category: Consumer Health News Source Type: news
Stocks making the biggest moves premarket: Rivian, Rocket Lab, Hershey, Lowe's and more
Check out the companies making headlines before the bell. Hershey — The chocolate maker fell 1% after Morgan Stanley downgraded shares to underweight from equal weight. The bank cited weak consumer demand and high cocoa inflation weighing upon margins. Rocket Lab — The stock rose around 1% after…#rocketlab #citi #jasongursky #pipersandler #teva #jpmorgan #federalreserve #lowe #xpo #yellowcorp (Source: Reuters: Health)
Source: Reuters: Health - February 12, 2024 Category: Consumer Health News Source Type: news
Cocoa prices soar to record high as El Ni ño batters West African growers
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Source: Reuters: Health - February 10, 2024 Category: Consumer Health News Source Type: news
Chocolate: Cocoa price hits record high as El Ni ño hurts crops
The cost of the key ingredient for making chocolate has now roughly doubled since the start of last year. On Thursday, one of the world's biggest chocolate manufacturers Hershey warned: "Historic cocoa prices are expected to limit earnings growth this year." The company's chief executive Michele…#hershey #michelebuck #mondelez #cadbury #lucazaramella #westafrica #elniño #ghana #ivorycoast #jackscoville (Source: Reuters: Health)
Source: Reuters: Health - February 10, 2024 Category: Consumer Health News Source Type: news
Chocolate maker Hershey issues warning over record cocoa prices
The US chocolate maker Hershey has warned on profits and sales as a surge in the cost of cocoa to record levels pushes up the price of chocolate, hitting cash-strapped consumers in the pocket. Global cocoa prices hit a record high of $5,874 (£4,655) a ton on Thursday in New York as dry weather…#hershey #westafrica #reese #michelebuck #cadbury (Source: Reuters: Health)
Source: Reuters: Health - February 9, 2024 Category: Consumer Health News Source Type: news
Cocoa Prices Surge on Scarce Global Supplies
on Monday closed +180 (+3.59%), and Mar ICE London cocoa #7 (CAH24 ) closed +43 (+3.54%). Cocoa prices on Monday extended their parabolic ascent, with NY cocoa posting a new 46-year nearest-futures high and London cocoa climbing to a record high. Cocoa prices are...#180 #marice #ny (Source: Reuters: Health)
Source: Reuters: Health - February 5, 2024 Category: Consumer Health News Source Type: news
Japan confectionery whips up Indonesian expansion plans
KOFU, Japan -- Japanese confectionery Chateraise is creating a recipe to boost production and sales in Indonesia, betting that the country's growing middle class will indulge its sweet tooth with the company's cakes and pastries. Chateraise intends to support local cacao production and build a…#kofu #indonesia #cacao (Source: Reuters: Health)
Source: Reuters: Health - February 4, 2024 Category: Consumer Health News Source Type: news
General Mills leans into maximalism with new ‘Loaded’ cereal lineup
The company debuts vanilla creme-filled indulgent versions of Cinnamon Toast Crunch, Cocoa Puffs and Trix in bid to plug cereal as a Gen Z snack option.#cinnamontoastcrunch #cocoapuffs (Source: Reuters: Health)
Source: Reuters: Health - February 1, 2024 Category: Consumer Health News Source Type: news
Ivory Coast Halts 2024-25 Forward Cocoa Sales on Supply Fear
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Source: Reuters: Health - January 26, 2024 Category: Consumer Health News Source Type: news
