Cocoa

Ivory Coast Rains Revive Cocoa Farmers’ Hopes For Healthy Mid-Crop

Strong rains across Ivory Coast’s central regions are expected to strengthen cocoa trees and improve growing conditions for the mid-crop.

Nestlé reported slightly better than expected annual sales growth, though it warned of a narrower profit margin in 2025.

A lack of rain in Ivory Coast’s cocoa-growing regions could delay the start of the mid-crop, potentially leading to a shortage of beans.

Cadbury parent company Mondelēz forecast a bigger-than-estimated drop in its annual profit, signalling pressures from coca costs.

Chocolate maker and cocoa processor Barry Callebaut reported lower sales volumes than expected for its first quarter on Wednesday.

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.

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