The request equates to about about 5,000 20-foot containers or about nine times the amount the exchange currently allows, ...
To mitigate the potential impact from a persistent shortage of supply, Hershey ( NYSE: HSY) has asked the Commodity Futures ...
The Hershey Company (HSY – Research Report), the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst ...
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission ...
The most significant challenge facing Hershey is the persistent rise in cocoa prices. Cocoa futures have reached multi-year highs, driven by supply constraints due to factors such as disease ...
NEW YORK, Jan 8 (Reuters) - Chocolate maker Hershey Co (HSY.N), opens new tab has requested permission from the Commodity ...
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.
The decision by Hershey to hedge over 40% of its annual cocoa needs at a time when futures are near record highs was also pointed out as a potential indicator that the company does not view cocoa ...
This potential decline in EPS for 2025 is largely attributed to anticipated cocoa cost pressures. Hershey maintains a strong market position in North America, but faces increasing challenges. The ...
The most significant challenge facing Hershey is the persistent rise in cocoa prices. Cocoa futures have reached multi-year highs, driven by supply constraints due to factors such as disease affecting ...
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.
(Bloomberg) -- Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange.