Cocoa: latest news, insights and analysis | ESM Magazine

Hershey And Cadbury Chocolate Makers Eye Price Hikes To Cover Cocoa Crunch

The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge in cocoa prices, even as inflation-hit con...

Hershey Forecasts 2024 Sales And Profit Below Estimates, Announces Job Cuts

Hershey has forecast full-year sales and profit below estimates and said it would cut jobs that will impact less than 5% of its workforce.

Cocoa Prices Soar To Record Highs As Traders Scramble For Supplies

World cocoa prices hit fresh record highs on Thursday (8 February) as traders continued to scramble for supplies, predicting ever wider deficits...

Ivory Coast Cites Progress Tracing Cocoa As EU Deforestation Law Looms

Top cocoa producer Ivory Coast said it has handed out electronic cards that allow for the tracking and tracing of cocoa to nearly three-quarters of farmers...

Ivory Coast Expects Cocoa Mid-Crop To Drop In 2023/24, Sources Say

Ivory Coast's cocoa regulator expects the country's April-to-September mid-crop to fall to 400,000-450,000 metric tonnes, two sources at the regulator told...

Barry Callebaut Sales Volumes Rise Slightly During Q1

Barry Callebaut's sales volumes rose slightly in the three months to the end of November despite the challenging market environment of record-hig...

JBS Champions Knowledge Transfer, Access To Finance For Smallholders In Davos

Brazilian meatpacker JBS has highlighted the importance of sharing knowledge and providing financial support to small producers to encourage the implementa...

Nestlé Introduces First KitKat Using Cocoa From Income Accelerator

Nestlé has announced the introduction of the first KitKat bars produced from cocoa mass made from beans grown by farmer families engaged in the comp...