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News > Commodities

Commodities

Cocoa and sugar are commodities right at the heart of the confectionery industry. This section follows the volatile supply and demand situation and price fluctuations for commodities such as cocoa, sugar and palm oil and how these commodities can be sourced sustainably. 

Cocoa in the Congo: Emerging origin for organic chocolate makers

Cocoa production is thriving in the Democratic Republic of Congo, presenting an opportunity for the chocolate industry, say stakeholders working in the country.

Grinding in profits: European cocoa processing rises 2% in Q2

The European cocoa grind has risen in the second quarter (Q2) as it became more profitable to process cocoa.

Unknown faces: Who are the farmers behind your cocoa and palm?

Confectionery companies should collectively push suppliers to make traceability the norm rather than a premium service, as it is the only way to guarantee sustainable cocoa and palm oil, says...

Exclusive interview

Caobisco encourages deadlines for 100% certified cocoa and palm oil

EU confectionery trade body Caobisco is encouraging its members to set a date by which they will source all cocoa and palm oil from a certified sustainable source.

Supply chain performance not profitability at heart of food firms’ voluntary sign-up

Motivations for voluntarily implementing food traceability schemes stem not from the need to maximise profits but enhance information, safety and quality management within the supply chain.

More child labor prevention needed as cocoa prices fall, warn UTZ and ICI

 A sharp decline in cocoa prices could put children at increased risk of child labor unless more is done, say the heads of UTZ and ICI.

Mondelēz signs deal with Côte d'Ivoire & Ghana deal to reduce cocoa deforestation

Mondelēz’s sustainability program, Cocoa Life, will collaborate with governments in Côte d'Ivoire and Ghana to reduce deforestation in the cocoa supply chain.

Confectionery industry can go beyond RSPO palm standards, says Palm Done Right

Confectionery firms can go further than RSPO standards by sourcing organic palm oil that meets the standards of Palm Done Right, claims the developer.

Co-op UK to source 100% Fairtrade cocoa under hybrid model for retailers

Co-op UK has invested in a women's leadership program in Côte d’Ivoire as part a move to source all cocoa for own label products as Fairtrade.

United Cacao loses libel case against ConfectioneryNews

A Cayman Islands-registered company allegedly tied to deforestation in the Peruvian Amazon has lost a libel case against ConfectioneryNews and its publisher.

‘Simplest way’ is to pay more: Chocolate industry urged to up farm gate price to avert poverty in cocoa

A group of NGOs, including the VOICE Network, Solidaridad and Oxfam, are encouraging chocolate makers to set a minimum price for cocoa and to eventually move to a flexible premium...

Our own cocoa buying company in Ghana cuts out middlemen to benefit farmers, says Cargill

Cargill says its recently established licensed buying company (LBC) in Ghana helps cocoa farmers avoid being paid through a third party.

Equal partners: Cocoa farmer group calls to implement sustainable chocolate programs

Sustainable chocolate programs must treat cocoa farmers as equal implementing partners, says the World Cocoa Farmers Organization (WCFO).

ECOM buys Euromar to guard against cocoa price volatility, says commodity insider

ECOM's proposed deal to acquire German cocoa grinder Euromar will help protect it from cocoa price fluctuations, says a commodities consultant.

Cocoa price for Ivorian farmers may drop 30% amid widespread poverty

Ivorian regulator Conseil Café Cacao (CCC) says it may lower guaranteed farm gate prices for cocoa in the primary growing nation. 

Growth in deforestation commitments hides transparency issues

The number of manufacturers using one of the four key commodities linked to deforestation has increased from 67% to 71%, but a worrying number of targets have been missed or...

Interview: WCF President

Big 12 cocoa and chocolate players pledge to end deforestation in cocoa

The 12 major players in cocoa and chocolate have united with public sector partners to eradicate deforestation in the cocoa supply chain.

Nestlé, Cargill and ADM cocoa child slavery lawsuit dismissed

A district court in California has dismissed a 12-year lawsuit accusing Nestlé, ADM and Cargill of aiding and abetting child slavery in West Africa.

Going its ‘own way’: Lindt invests $14m in sustainable cocoa in last eight years

Lindt has invested around $14m in its sustainable cocoa program since 2008 as it aims to have a fully traceable and verifiable supply by 2020.

Ritter rules out own cocoa label as it fast-tracks sustainability target

Ritter Sport now hopes to reach its goal to source only sustainable cocoa by 2020 rather than 2025.

Media’s role in cocoa sustainability

Stop the white noise: How can chocolate makers be tempted to bite into cocoa's poverty and child labor crisis?

Reporting effective approaches to tackle deep-rooted poverty and child labor in the cocoa sector should take precedence over shock headlines, writes ConfectioneryNews’ editor.

Ivorian cocoa farmers earn less than $1 a day, finds Barry Callebaut-backed study

Cocoa farmers in the top producing country Côte D’Ivoire earn around 91 US cents (CFA 568) per day, according to a study by Barry Callebaut and the French Development Agency...

‘Potentially full scale-up’: Cargill pilots cocoa child labor monitoring system

Cargill has begun trialing the International Cocoa Initiative’s (ICI) child labor monitoring and remediation system in cocoa growing communities in Côte D’Ivoire.

Industry reacts to RSPO's Impact Report

FoodNavigator approached industry and campaigners for their reflections on the Roundtable for Sustainable Palm Oil (RSPO)'s 2016 Impact Report. What are the challenges and opportunities in the next 12 months?

Euromar drags down European cocoa grind as global market set for surplus

European cocoa processing volumes declined in the fourth quarter after processor Euromar became insolvent; the global cocoa market is also expected to enter a supply surplus.

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