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How will major chocolate manufacturers respond to the cocoa shortage by June 30, 2025?
2
Resolution / Starting Odds
Price increases • 25%
Reduced product sizes • 25%
Alternative sourcing • 25%
No significant changes • 25%
Press releases and news reports from major chocolate manufacturers
Story
Hershey Seeks CFTC Approval to Buy Over 90,000 Metric Tons of Cocoa, Nine Times More Than Allowed, Amid Record Prices
Jan 8, 2025, 06:04 PM
Hershey is seeking approval from the U.S. Commodity Futures Trading Commission (CFTC) to purchase over 90,000 metric tons of cocoa on the ICE Futures exchange in New York. This request comes amid global cocoa shortages that have driven prices to record levels. The chocolate manufacturer aims to acquire nine times more cocoa than is typically allowed by the exchange, as the cocoa market is projected to experience another deficit.
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Yes • 50%
No • 50%
No • 50%
Yes • 50%
Increased awareness but not consumption • 25%
Decrease in both • 25%
Increased awareness and consumption • 25%
No significant change • 25%
Merger approved without conditions • 25%
Merger rejected • 25%
No decision by deadline • 25%
Merger approved with conditions • 25%
Acquisition completed • 25%
Mondelez withdraws bid • 25%
Negotiations ongoing • 25%
Acquisition rejected • 25%
Successful acquisition • 25%
No attempt made • 25%
Ongoing negotiations • 25%
Failed acquisition • 25%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Remain stable • 25%
Decrease • 25%
Other • 25%
Decrease • 25%
Increase • 25%
No Change • 25%
No • 50%
Yes • 50%
1 to 4 new products • 25%
No new products • 25%
More than 10 new products • 25%
5 to 10 new products • 25%
Implement stricter supply chain audits • 25%
No significant action • 25%
Increase transparency reports • 25%
Publicly deny allegations • 25%