(NewsNation) — Cocoa prices have hit record highs, passing $9,000 per metric ton, making the ingredient more expensive than ...
As the Easter holidays approach, higher cocoa prices mean shoppers are paying far more for their chocolate eggs and bunnies. But that’s just the tip of the iceberg. Higher prices in stores now ...
(Corrects data source to NielsenIQ from Nielsen in second section) By Jessica DiNapoli, Maytaal Angel and Richa Naidu NEW YORK/LONDON, March 26 (Reuters) - Hershey, Mondelez and other ...
Consumers are expected to spend $22.4 billion on Easter this year, according to a report from the National Retail Federation. That is down from last year’s spending of $24 billion, a record high since ...
NEW YORK (AP) — Sweet Easter baskets will likely come at a bitter cost this year for consumers as the price of cocoa climbs to record highs. Cocoa futures have surged this year, roughly doubling since ...
(CNN) — Cocoa prices are surging so high, the Easter Bunny might want to hoard its chocolate. Consumers hunting for Easter eggs and chocolate bunnies this year can expect sticker shock similar ...
The record surge is being driven by disappointing harvests in cocoa’s West Africa heavyweights, Ivory Coast and Ghana, which account for most of the world’s production. As the Easter holidays approach ...