Cocoa prices are surging so high, the Easter Bunny might want to hoard its chocolate. Consumers hunting for Easter eggs and chocolate bunnies this year can expect sticker shock similar to ...
Easter baskets may be more expensive this year as global cocoa prices reach record highs. Big and small chocolate companies ...
After a production shortfall in West Africa, cocoa prices rose to $4,000 a metric ton from $2,500. Then they went nuts. Credit...Carl Godfrey Supported by By J. Edward Moreno A failed crop ...
ACCRA, Ghana — Shoppers may get a bitter surprise in their Easter baskets this year. Chocolate eggs and bunnies are more expensive than ever as changing climate patterns eat into global cocoa ...
A failed crop, followed by a wave of financial speculation, put cocoa prices on a roller coaster this year, rattling an industry reliant on inexpensive crops and labor. This is not how things ...
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AS. FOR YOUR MONEY, WE WANT TO HELP EXPLAIN WHY YOU’RE PAYING MORE FOR CHOCOLATE AT THE STORES AND COULD LIKELY BE PAYING EVEN MORE IN THE COMING MONTHS. THIS STORY BEGINS WITH A COCOA BEAN ...
Futures contract's Tuesday decline eases by morning trading hours in New York The commodities market is offering a sharp lesson in the dangers of momentum trades and parabolic moves. The ICE July ...
Major global makers in Europe and the United States have more than passed on the rise in cocoa prices to consumers. Net profit margins at The Hershey Company increased to 16.7% in 2023 from 15.8% ...