Rising global cocoa prices have led to a surge in chocolate costs this Valentine's Day, with chocolate makers like Amul and ...
A disease called black pod rot is attacking cacao pods, damaging crops and putting the global chocolate supply at risk. The disease, caused by an organism that shrivels cacao pods and destroys the ...
If urgent action isn’t taken, key cocoa-producing regions like Ivory Coast and Ghana — responsible for 60 percent of the world’s cocoa output — could become unsuitable for cultivation within the next ...
Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices to compensate.
It will be harder to find deals on chocolate this Valentine’s Day due to years of bad growing conditions in the key ...
Mondelez International Inc., Chicago, has terminated one of its U.S. pension plans and completed a buy-in transaction that ...
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive ...
Shares in chocolate and snacks maker Mondelez International (MDLZ) were looking less appetizing today after several analysts served up ...
The stock of Mondelez International is down 5% after the snack food company reported mixed financial results for the fourth and final quarter ...
The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van ...
and shift to non-chocolate confections on higher prices, Mizuho’s John Baumgartner said. For Mondelez (MDLZ), the outlook is less gloomy since cocoa only represents ~12% of COGS resulting in a ...
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