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Cooling and declining cocoa prices have created a double-top for DBA. Demand for chocolate is shifting due to high prices, with slower growth in chocolate sales and increased substitutional ...
That’s because cocoa prices have more than doubled since the start of the year and have remained at record highs, according to Wells Fargo data shared with CNN. The surging prices have caused ...
Cocoa farmers in the world's No.2 producer Ghana are hoarding beans in anticipation of higher prices, industry sources told Reuters, potentially squeezing supplies to a global cocoa market looking ...
Cocoa prices are soaring, causing companies to shift gears away from chocolate sweets this candy-centric season. Cocoa prices are soaring, causing companies to shift gears away from the sweets ...
People in Colombia consume much of the crop, and it also generates more than $13 million in annual exports from the cacao beans, and cocoa, the processed form. Yet Colombia’s cacao beans often ...
Cocoa Mayor Mike Blake is facing an election challenge this year from George Allen Cowart, who is involved in land development and auctioneering businesses. The mayor's race is the only contested ...
Cocoa futures fell to the lowest in two weeks as a pickup in deliveries of beans to ports in Ivory Coast, the world’s biggest grower, helped ease tight supplies. Bean arrivals at ports in the ...
While Europeans eat the most chocolate and Europe is the leading processor of cocoa beans, chocolate’s key ingredient, the continent lacks the hot and humid conditions needed to grow the ...
Brevard County commissioners Tuesday decided to withdraw consideration of a plan to give a new 4-star hotel exclusive use of a public beach park in Cocoa Beach. The Westin will be Brevard County ...