cocoa, Hershey

Hershey Co. seeks approval to purchase record amount of cocoa: reports
The request equates to about about 5,000 20-foot containers or about nine times the amount the exchange currently allows, according to Bloomberg.
Hershey seeks CFTC help in stockpiling cocoa
To mitigate the potential impact from a persistent shortage of supply, Hershey (NYSE:HSY) has asked the Commodity Futures Trading Commission (“CFTC”) for permission to take a position in the futures market that would enable the company to buy a substantial amount of cocoa.
Hershey seeking CFTC approval to buy more ICE cocoa than allowed, says report
Chocolate maker Hershey Co has requested permission from the Commodity Futures Trading Commission (CFTC) to buy an amount of cocoa from the stocks of ICE exchange that is much larger than the maximum allowed,
Hershey Seeks CFTC Approval to Buy Huge New York Cocoa Pile
Hershey Co. is asking the US’s top derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record, according to people familiar with the matter.
Cocoa Prices Surge as Hershey Seeks a Large Cocoa Purchase Through ICE Exchange
ICE NY cocoa (CCH25) today is up +466 (+4.46%), and March ICE London cocoa #7 (CAH25) is up +287 (+3.37%). Cocoa prices today are sharply higher as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
Hershey seeks permission for large cocoa futures purchase, Bloomberg says
Hershey (HSY) is asking the Commodity Futures Trading Commission for permission to buy a sizeable amount of cocoa through the New York exchange
Cocoa jumps as market weighs Hershey’s push for huge exchange buy
The market has been trying to assess the reasoning behind Hershey's request, which equates to about 5,000 20-foot containers. That's more than nine times the amount the exchange allows.
Cocoa Caps Volatile Week Marked by Hershey Bid for Big Purchase
Cocoa headed for a weekly decline in New York, after a volatile few days that included chocolate maker Hershey Co.’s bid to source a huge amount of beans through the exchange.
Cocoa Prices Sharply Higher as Hershey Seeks CFTC Approval for a Huge Cocoa Purchase
Thursday closed up +474 (+4.53%), and March ICE London cocoa #7 (CAH25) closed up +289 (+3.39%). Cocoa prices rallied sharply Thursday as chocolate maker Hershey Co. is seeking CFTC approval to buy a large amount of cocoa through the ICE Futures Exchange due to tight global supplies.
Cocoa Jumps as Market Weighs Hershey Ask for Huge Exchange Buy
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission ...
Why Wall Street Has Been Too Bearish On Hershey
Hershey is actively engaged in product diversification, pays a 3.29% dividend, and has a proven track record of getting ...
Hershey’s Cocoa Procurement Strategy: Balancing Risks and Opportunities
J.P. Morgan analyst Kenneth Goldman has maintained their neutral stance on HSY stock, giving a Hold rating today.Stay Ahead of the ...
2 Reasons to Buy Hershey Stock Like There's No Tomorrow
Shares of Hershey have been under pressure amid weak sales and the impact of high cocoa prices on margins and earnings. The ...
Hershey: A Buy For Now, But Proceed With Care
Hershey faces challenges, including record-high cocoa prices and potential demand impacts from weight loss drugs. Click here ...