Bloomberg reported late Wednesday that Hershey wants to take a position ... cocoa prices after some Ivory Coast and Nigerian cocoa farmers this week reported that cocoa trees are beginning to ...

farmers begun replacing cocoa trees with more sustainable palm oil plants, further exacerbating supply issues for confectionary companies like Hershey (HSY) and Mondelez (MDLZ). “We are laser ...

NEW YORK: Hershey Co is asking the top US derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record ...

Hershey ended a turbulent 2024 relatively well while surging cocoa prices affected the company. Derivative hedges eased earnings pressure in 2024 against stagnating adjusted earnings. After a more ...

With the industry and Hershey's dependence on West African countries for cocoa (areas known to utilize child labor), Hershey is also exposed to human rights issues within its supply chain that ...

NEW YORK (Reuters) -Chocolate maker Hershey Co said the ICE New York cocoa futures market is currently disconnected from the reality of the global physical market due to exchange actions that have ...

This is all good news, if one is to assume that the negative impact on Hershey's earnings will be limited to only one year. Even though cocoa prices will stabilize at some point, this seems as a ...

The crux of Hershey's current predicament lies in the volatile cocoa market. Futures prices for the key ingredient have surged to multi-year highs, creating a significant headwind for the company ...