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Hershey, Cocoa
Cocoa Jumps as Market Weighs Hershey Ask for Huge Exchange Buy
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange.
Cocoa Prices Surge as Hershey Seeks a Large Cocoa Purchase Through ICE Exchange
ICE NY cocoa (CCH25) today is up +466 (+4.46%), and March ICE London cocoa #7 (CAH25) is up +287 (+3.37%). Cocoa prices today are sharply higher as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
Hershey seeking CFTC approval to buy more ICE cocoa than allowed, says report
Chocolate maker Hershey Co has requested permission from the Commodity Futures Trading Commission (CFTC) to buy an amount of cocoa from the stocks of ICE exchange that is much larger than the maximum allowed,
Cocoa jumps as market weighs Hershey’s push for huge exchange buy
The market has been trying to assess the reasoning behind Hershey's request, which equates to about 5,000 20-foot containers. That's more than nine times the amount the exchange allows.
Cocoa Prices Sharply Higher as Hershey Seeks CFTC Approval for a Huge Cocoa Purchase
Thursday closed up +474 (+4.53%), and March ICE London cocoa #7 (CAH25) closed up +289 (+3.39%). Cocoa prices rallied sharply Thursday as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
13h
Hershey unveils new Easter candy lineup
The Hershey Company’s 2025 line-up of Easter-themed candies features a mix of returning favorites and never-before-seen ...
18h
on MSN
2 Reasons to Buy Hershey Stock Like There's No Tomorrow
Shares of Hershey have been under pressure amid weak sales and the impact of high cocoa prices on margins and earnings. The ...
3d
Hershey: Yes, It Can Get Worse, Sell Rating
Financial writer sells Hershey's stock, citing failed merger speculation and better opportunities elsewhere, issuing a sell ...
3d
Hershey’s Kisses Are Coming in a Never-Before-Seen Flavor
The new candies are nothing like your traditional Hershey’s Kisses—there’s no chocolate involved whatsoever. They are made ...
1d
Hershey’s Cocoa Procurement Strategy: Balancing Risks and Opportunities
J.P. Morgan analyst Kenneth Goldman has maintained their neutral stance on HSY stock, giving a Hold rating today.Stay Ahead of the ...
1d
Hershey: A Buy For Now, But Proceed With Care
Hershey faces challenges, including record-high cocoa prices and potential demand impacts from weight loss drugs. Click here ...
FoodBusinessNews
13d
Reported Mondelez bid for Hershey surrounded by question marks
Mondelez declined to comment on what it called “market rumors and speculation,” while Hershey didn’t respond to a request for ...
Nairametrics
14h
Hershey Co. scrambles to stockpile cocoa in early 2025 amid supply fears
Hershey Co.’s decision to stockpile cocoa from the exchange instead of the physical market helps hedge against potential ...
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