Cocoa

Lindt Sees Further Growth For 2025 As Price Hikes Combat High Cocoa Costs

Lindt lifted 2024 margin estimates and forecast sales growth for 2025 after results indicated enduring popularity despite price hikes.

Farmers from Ivory Coast’s main cocoa growing regions are worried that a persistent lack of rain could weigh on the April to September crop.

Chocolate maker Hershey on Friday announced the departure of CEO Michele Buck on 30 June 2026 following seven years at the helm.

New York cocoa and coffee were among the strongest performing commodities in 2024, with prices more than doubling.

More rainfall is needed in Ivory Coast’s cocoa-growing regions to boost the October to March main crop, farmers said on Monday.

Low rains mixed with long sunny spells in most of Ivory Coast’s main cocoa regions gave a boost to the October-to-March main crop last week.

Abundant rainfall in Ivory Coast’s main cocoa growing regions last week boosted the crop as buyers flagged potential quality concerns.

The ICCO sees Ivory Coast’s cocoa production reaching 2 million metric tonnes in the 2024/25 season, according to an ICCO expert.

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