Why even with a weak La Niña, have coffee, cocoa and sugar prices soared?” Below are excerpts from my recent WeatherWealth ...

From a technical perspective, cocoa prices are consolidating within a triangle formation on the daily chart. The upward green trend line coincides with the 50-day moving average of US$10,173 per tonne ...

Commodity cyclicality tells us the odds favor lower cocoa prices in 2025. However, a price correction depends on increased West African output, which depends on the weather and other factors in a ...

Mondelez International, Inc. MDLZ posted fourth-quarter 2024 results, with the top line increasing year over year but missing ...

The quarterly cocoa chart highlights the parabolic rally in 2023 and 2024 that ... that took the futures over the 2016 $2.2750 per pound high to over double that price at above $5 per pound. The ...

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Cocoa prices today are mixed. Today's rally in the dollar index to a 3-week high (DXY00) undercut NY cocoa prices. However, London cocoa is higher after the British pound (^GBPUSD) fell to a 1 ...

The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...

Cocoa prices retreated Wednesday, with NY cocoa posting a 1-month low and London cocoa posting a 5-week low. Cocoa prices fell Wednesday after major chocolate maker Mondelez International ...

Piper Sandler downgrades Hershey Co. to underweight from neutral on expectation of stubbornly high cocoa prices Hershey Co.'s stock fell Friday, as Piper Sandler cut its rating on the chocolatier ...

The price of cocoa hit a record high in December, reaching $10.32 per kilogram. But rather than levelling out, or even declining, the price has continued to rise, reaching $10.75 per kilogram on 31 ...