Dean Foods Company Email Newsletter: Cocoa Prices Hit All-Time High; Why Consumers Have Fewer Choices (February 19, 2024)

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February 19, 2024

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Gin And Juice By Dre And Snoop Official Image

Dr. Dre, Snoop Dogg Launch Ready-to-Drink 'Gin & Juice'

The product is the first ready-to-drink offering from their new premium spirits company.

- A mixture of Hershey's chocolates is displayed in the company's Times Square store, March 1, 2017, in New York. Hershey is cautioning on its 2024 profit growth as the company contends with rising cocoa costs that are leading to higher prices for chocolate. Cocoa futures prices have doubled over the past year and hit an unprecedented $5,874 per metric ton Friday, Feb. 9, 2024, in intraday trading.

Record Cocoa Prices a Headache for Hershey

Buyers can expect higher prices for their favorite treats.

Bottles of Coca-Cola at a grocery store in Uniontown, Pa., April 24, 2022.

Consumers Have Fewer Choices as Brands Prune their Offerings

How much choice is too much? Apparently for Coca-Cola, it's about 400 different types of drinks.

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Binmaster Point-Level Indicators

Point-level switches alert when material reaches a certain point in a vessel. They prevent overflows and material outages, detect plugged chutes, and provide redundancy in inventory management. They are affordable and can be easily installed.

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Workers Get Prison for Role in Corn Mill Explosion

They falsified records and lied to investigators.

Kraft Heinz Sales Dip as Some Swap Out Brand-Name Favorites

The company's prices increased 3.7% — while volumes slid 4.4%.

Orange Juice Flavor Mystery Solved

The source of an undesirable clove-like note was previously unknown.

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Bottles of Coca Cola are shown in a market in Pittsburgh on Jan. 26, 2023. Coca Cola reports results on Tuesday, Feb. 13, 2024.

Coca-Cola Overcomes Falling Demand with Strong Q4

Sparkling soft drinks, juices and Coca-Cola Zero Sugar led growth.

Louis Dreyfus to Construct Pea Protein Plant

“Pea protein demand continues to grow," said the company.

U.S. Sens. Joe Manchin, D-W.Va., center, and Sherrod Brown, D-Ohio, right, speak with Cleveland-Cliffs CEO Lourenco Goncalves, Weirton, W.Va., Sept. 26, 2023.

Cleveland-Cliffs to Shutter Tin Plant After Tariff Ruling

The closure will result in 900 layoffs.

How to Source and Define Business-Wide Assumptions

Companies commonly struggle with demand planning or forecast accuracy. In this white paper, Greg Spira describes how assumptions are the key to successful demand planning. The recommendations are based on Spira’s experiences in leading demand planning organizations.

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A worker packs avocados at a plant in Uruapan, Michoacan state, Mexico, Friday, Feb. 9, 2024. A lack of rain and warmer temperatures has resulted in fewer avocados being shipped from Mexico to the United States.

Guacamole May Get Scarcer as Climate Tightens Avocado Shipments

A lack of rain water means fewer avocados being shipped from Mexico.

The Staggering Impacts of Food Waste

And the power of anaerobic digestion in sustainability.

Charcuterie Products Recalled Over 'Possible Under Processing'

They may be contaminated with foodborne pathogens.

Modernizing Manufacturing to Ensure Competitiveness

Take a closer look at some solutions designed to combat aging infrastructure and control systems while meeting next-generation needs in cost reduction, systems management, and real-time data analytics.

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