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January data indicated sticky inflation. The reports could be outliers—or not. Plus, investment newsletter commentary on the cocoa and gold markets, and the...
Cocoa prices have reached their highest levels on record, just in time for one of the biggest chocolate-buying holidays of the year: Valentine’s Day.
Costs for chocolate’s main ingredient have more than doubled from a year ago, but candy prices haven’t kept pace. That will change.
Hershey is cautioning on its 2024 profit growth as the company contends with rising cocoa costs that are leading to higher prices for chocolate.
Mondelez stock should benefit from continued growth in emerging markets.