Surging cocoa prices have hit Hershey ... That would be fantastic news for Hershey. The company has lifted prices, but it can’t do so enough to offset the higher commodity costs.

Hershey ended a turbulent 2024 relatively well while surging cocoa prices affected the company. Derivative hedges eased earnings pressure in 2024 against stagnating adjusted earnings. After a more ...

NEW YORK: Hershey ... cocoa needs for 2025. The CFTC and ICE declined to comment. Cocoa futures almost tripled in New York last year, boosting the cost of trading and forcing traders who can ...