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Barry Callebaut's volumes fall as soaring cocoa prices begin to bite
Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on Wednesday, hit by delayed orders as its clients renegotiate product prices with retailers amid record high cocoa costs.
‘Volatile’ cocoa market cuts into Barry Callebaut volume
Customer-retailer pricing negotiations, delayed orders and stock-keeping unit (SKU) rationalization impacted Barry Callebaut negatively in the first quarter ended Nov. 30, 2024, leading to a 2.7% decline in sales volume to 566,
Barry Callebaut Stock Melts as High Cocoa Prices Weigh on Sales Volume
The chocolate company’s shares fell after it missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand.
19h
on MSN
BMI hikes cocoa price forecast as production-related concerns remain
BMI (a unit of Fitch Solutions) on Thursday revised up its price forecast for ICE-listed second-month cocoa futures to $7,600 ...
newsbytesapp.com
40m
Indulge in cocoa butter: 5 creative culinary ideas
Simply melt the cocoa butter and mix it with cocoa powder and sweetener of your choice to create the base chocolate. Then, ...
EWN Sport
34m
Bad news for chocolate lovers - expect your fix to get more expensive as cocoa prices keep rising
Stephen Grootes talks to Honest Chocolate's Anthony Gird about the supply and demand dynamics affecting chocolatiers.
19h
Hold Rating for The Hershey Company Amid High Cocoa Prices and Leadership Uncertainty
Deutsche Bank analyst Stephen Powers has reiterated their neutral stance on HSY stock, giving a Hold rating on January 17.Invest with ...
News 6 WKMG
5h
Cocoa considers cameras in historic cemetery that was vandalized
The city is cleaning up the vandalism mess, and there’s at least one council member who thinks cameras should be put in the cemetery.
1d
Federal grant to improve safety at seven Brevard rail crossings in Cocoa, Melbourne, Micco
One of the crossings in Mebourne was the site of two fatal train-car crashes involving three deaths a year ago.
16h
on MSN
Former Area 142 in Cocoa Beach undergoes renovations amid new ownership
New ownership said they are not yet ready to announce what's in store for the former Area 142, which closed last year due to ...
3d
Ghana delayed delivery of 370,000 t of cocoa in the 2023/24 season, official says
Ghana has delayed the delivery of 370,000 metric tons of cocoa in the 2023/24 season due to poor output, its food and ...
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