Cocoa

Starbucks Reports Smaller-Than-Expected Sales Decline As Turnaround Takes Root

Starbucks reported a smaller-than-expected fall in first-quarter comparable sales, in early signs that the coffee chain was benefiting from CEO Brian Nicco...

Ivory Coast Cocoa Exporters Cut Purchases As Port Prices Rise: Sources

Barry Callebaut and Olam have been buying fewer cocoa beans from Ivory Coast since mid-December after a rise in port prices at Abidjan and San Pedro, indus...

Strong Organic Growth For Lindt & Sprüngli

Swiss chocolate makers, Lindt & Sprüngli, achieved strong organic growth of 7.8% in 2024, against record-high cocoa costs.

Hershey Top Boss Michele Buck To Step Down

Chocolate maker Hershey has announced the departure of CEO Michele Buck, who has been at the helm for more than seven years, effective 30 June 2026.

Dry Weather Threatens Ivory Coast Cocoa Crop, Farmers Say

No rain fell last week in most of Ivory Coast's main cocoa regions and farmers said that the dry weather could damage bean quality and tighten supply from...

What Are Cocoa Futures, And How Do They Work?

Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity headin...

Ivory Coast Cocoa Exports At Risk Due To Adverse Weather

Multinational cocoa exporters operating in Ivory Coast, the world's top cocoa producer, fear a drop in supplies from farmers in the coming months after adv...

EU Delays Deforestation Ban But Discards Changes

Negotiators for EU institutions agreed a compromise on a ban on the import of commodities linked to deforestation, which will be delayed by a year but with...