Headlines AfricaJan 21
Ivory Coast to buy entire stockpile of cocoa beans as stocks pile up http://newsfeed.facilit8.network/TQTLmm #CocoaTrade #IvoryCoast #CocoaPrices #Agriculture #Sustainability
Headlines AfricaJan 19
Ivory Coast: Cocoa industry in limbo as prices fall http://newsfeed.facilit8.network/TQRdYs #IvoryCoast #CocoaIndustry #CocoaPrices #Sustainability #Agriculture
The-14Dec 23
The cost of chocolate is soaring, but blaming cocoa prices doesn’t give the whole picture
#Business #Economy #Chocolate #CocoaPrices #Cadbury #FoodInflation #CostOfLiving #Cocoa #ConsumerPrices #SupplyChain #Retail #FoodIndustry #CocoaFarmers #The14
https://the-14.com/the-cost-of-chocolate-is-soaring-but-blaming-cocoa-prices-doesnt-give-the-whole-picture/
The cost of chocolate is soaring, but blaming cocoa prices doesn’t give the whole picture | The-14

Chocolate prices are rising fast, but cocoa costs alone don’t explain shrinkflation, higher margins, and why bars cost more even as cocoa prices fall worldwide.

The-14 Pictures
Daron Brewood 🇬🇧Dec 10

Toffee Crisp and Blue Riband can't be called chocolate any more

'Nestle has reformulated Toffee Crisp and Blue Riband bars, reducing their cocoa and milk solid content below UK chocolate standards, leading to their reclassification as "encased in a smooth milk chocolate flavour coating." This change, driven by rising cocoa prices, reflects a broader industry trend known as "skimpflation," where companies adjust recipes to manage increased production costs. Similar adjustments have been made by other brands, such as McVitie's, which recently relabelled its Penguin and Club bars as "chocolate flavour."'
[Summarised by Apple Intelligence]

#Nestle #ToffeeCrisp #BlueRiband #MilkChocolate #CocoaPrices #Skimpflation #RecipeChange #ProductionCosts #McVities #ChocolateFlavour #Reclassification #FoodIndustry

http://bbc.com/news/articles/c79x7q325p3o

Toffee Crisp and Blue Riband can't be called chocolate any more

Nestle has used more vegetable oil in it recipes, meaning the treats no longer qualify as chocolate under UK law

Yonhap Infomax NewsOct 29
Mondelez International shares fell 5.6% in after-hours trading after the company beat Q3 estimates but cut its full-year organic revenue growth outlook to 4% amid record-high cocoa prices.
#YonhapInfomax #MondelezInternational #RevenueGuidance #AfterHoursTrading #CocoaPrices #Q3Earnings #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87826
Mondelez Shares Plunge 5.6% After Revenue Guidance Cut

Mondelez International shares fell 5.6% in after-hours trading after the company beat Q3 estimates but cut its full-year organic revenue growth outlook to 4% amid record-high cocoa prices.

Yonhap Infomax
chronosotheym at KillBaitOct 18

McVitie’s reduces cocoa content in Club and Penguin biscuits due to rising cocoa prices

McVitie’s has significantly reduced the cocoa content in its popular Club and Penguin biscuit bars, reclassifying them as 'chocolate flavour' rather than true chocolate products. This change comes in response to soaring cocoa prices driven by poor harvests in major growing regions like Ghana and Ivo... [More info]

Yonhap Infomax NewsAug 5, 2025
Lotte Wellfood Co. reported a 45.8% year-on-year drop in Q2 operating profit, missing market expectations as higher cocoa prices and weak demand weighed on margins, though overseas sales rebounded and cost pressures are expected to ease in H2.
#YonhapInfomax #LotteWellfood #OperatingProfit #CocoaPrices #Q2Earnings #SalesGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75637
Lotte Wellfood Reports 45.8% Drop in Q2 Operating Profit—Raw Material Costs Including Cocoa Weigh on Margins (Comprehensive)

Lotte Wellfood Co. reported a 45.8% year-on-year drop in Q2 operating profit, missing market expectations as higher cocoa prices and weak demand weighed on margins, though overseas sales rebounded and cost pressures are expected to ease in H2.

Yonhap Infomax
Show threadˈdälfən™🐬 💥 🌊Jul 23, 2025

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Of ‘shrinkflation’ (which Hershey calls “price pack architecture”), the CEO said:

“It’s not a direct price point increase, but rather, it’s kind of a combination of sizing and price, which can tend to offer perhaps a better value perception for consumers.”

(🥴)

(Omg it’s such utter nonsense and I have a degree in it lol)

#business #prices #cocoaprices #Hershey #inflation #shrinkflation

Yonhap Infomax NewsJul 23, 2025
Hershey Co. is raising chocolate prices by over 10% as a direct response to unprecedented cocoa cost surges, with futures prices still more than double 2022 levels.
#YonhapInfomax #Hershey #CocoaPrices #PriceIncrease #Chocolate #FuturesPrices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=73343
Hershey Raises Chocolate Prices by Over 10% to Reflect Soaring Cocoa Costs

Hershey Co. is raising chocolate prices by over 10% as a direct response to unprecedented cocoa cost surges, with futures prices still more than double 2022 levels.

Yonhap Infomax
EURACTIV AgrifoodFeb 13, 2025
Belgian chocolate masters brace for Valentine’s amid soaring cocoa prices https://www.euractiv.com/section/agriculture-food/news/belgian-chocolate-masters-brace-for-valentines-amid-soaring-cocoa-prices/?utm_source=mastodon&utm_medium=dlvr.it #Chocolate #cocoaprices #imports #markets #trade