Hershey, Cocoa

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 Seeks Approval for Giant Cocoa Purchase Amid Global Shortage
Hershey Co. (NYSE: HSY) is seeking US regulatory approval to make a massive cocoa purchase that would exceed standard trading limits by nine times as global shortages drive prices to record highs, according to Bloomberg News which cited sources familiar with the discussions.
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 futures surge as Hershey puts in huge order
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey is seeking permission for a large purchase through the New York exchange.
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 supply issues in 2025. The company’s shares dropped 12% year-to-date in 2024, likely due to ongoing cocoa supply challenges and bearish momentum since April 2023.
Hershey Seeks Permission To Buy Huge Amount Of Cocoa
Detailed price information for Hershey Foods Corp (HSY-N) from The Globe and Mail including charting and trades.
Hershey seeks permission for large cocoa futures purchase, Bloomberg says
Hershey (HSY) is asking the Commodity Futures Trading Commission for permission to buy a sizeable amount of cocoa through the New York exchange
Hershey seeks CFTC help in stockpiling cocoa
To mitigate the potential impact from a persistent shortage of supply, Hershey (NYSE:HSY) has asked the Commodity Futures Trading Commission (“CFTC”) for permission to take a position in the futures market that would enable the company to buy a substantial amount of cocoa.
Hershey out to buy over 90,000 tonnes of cocoa
Hershey Co is asking the top US derivatives regulator for permission to buy a huge amount of cocoa through the New York ...
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 ...
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Why Military Chocolate Was Deliberately Made To Taste Bad
Hershey's chocolate bars in supermarket - Yudanto/Shutterstock The U.S. joined World War II after the bombing of Pearl ...
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 ...
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.