In fact, the cost of chocolate might put a bitter taste in your mouth. “This Valentine’s Day expect prices for chocolate treats to increase around 10-20% over last year as the price of cocoa ...

Money can’t buy you love — or as much cocoa as it used to, with adverse weather denting West African crops and chocolatiers adding more fillers like nuts.

Ghana’s illegal gold mining sector, locally called ‘galamsey’, is having a significant impact on cocoa prices, the FT ...

The International Cocoa Organization concluded high cocoa costs are from Africa’s dry weather conditions, which usually run till March, according to a December 2024 report. Ivory Coast and Ghana ...

Consumers with a sweet tooth will pay more for one of the most popular Valentine's Day treats this year. Cocoa prices skyrocketed, compared with a year ago, due to crop conditions coupled with ...

Hershey's financial performance has come under pressure due to rising cocoa costs and volume weakness. Analysts have revised their earnings estimates downward for the coming years. Deutsche Bank ...

Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.

Mondelez sees 4.3% organic growth in 2024 but faces margin pressures from soaring cocoa costs. Discover 2025 outlook & ...

And even in the face of unrelenting cost pressures (particularly for sugar and cocoa, which are poised to dampen gross margins by 650 basis points-700 basis points in fiscal 2025), we think ...

Cocoa trades at around 6,908 pounds ($8,734.5) per metric ton in London, and analysts have said the chocolate industry is in ...

The loud whirr of a chainsaw sounds through the forest as a small group of farmers gathers around a tree filled with red seed ...