Cocoa Prices Are Soaring. Candy Makers Will Need to Get Creative

Cocoa prices have been soaring this year, hitting record highs and causing headaches for candy companies. While hedging contracts protect the likes of Hershey and Mondelez for now, high cocoa prices could change how they think about innovation. Food companies will likely be reluctant to raise prices given current consumer pushback on the last two years' price hikes.

CNBCJun 15 07:00 ET

Express News | Ivory Coast Cocoa Regulator Reform Aims To Curb Influence Of Intermediary Buyers, Will Reduce Number Of Permits; Ivory Coast Cocoa Sector Reform Expected To Be Implemented As Soon As In 2024/2025 Season Starting In October

BenzingaJun 14 10:15 ET

CPI Read: Food at Home Prices Rose 1% in May

Seeking AlphaJun 12 08:58 ET

Wells Fargo Maintains Hershey(HSY.US) With Hold Rating, Maintains Target Price $205

Wells Fargo analyst Christopher Carey maintains $Hershey(HSY.US)$ with a hold rating, and maintains the target price at $205.According to TipRanks data, the analyst has a success rate of 56.1% and a t

moomoo NewsJun 12 07:33 ET · Ratings

Hershey (NYSE:HSY) Sheds 4.5% This Week, as Yearly Returns Fall More in Line With Earnings Growth

Yahoo FinanceJun 11 07:00 ET

What This Chocolate Scientist Got To Learn From - and Teach - Cacao Farmers in Trinidad and Tobago

Hershey chocolate scientist, Allison Brown, PhD, volunteered to help cacao farmers and business owners in Trinidad and Tobago maximize the value of their crops.Allison Brown, PhD, Senior Research Scie

AccesswireJun 10 11:45 ET