Cocoa, Hershey

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,
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
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 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.
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Hershey out to buy over 90,000 tonnes of cocoa
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Hershey’s Cocoa Procurement Strategy: Balancing Risks and Opportunities
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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.