SUBSCRIBE

Breaking News on Confectionery & Biscuit Processing

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. 

Barry Callebaut expects 23% cocoa farmer income boost under credit deal

Barry Callebaut expects farmer income to grow 23% within two years under a $9m partnership with IFC and IDH to support up to 103,000 smallholder cocoa farmers in Côte d’Ivoire...

South America & Africa biggest growth risks for palm oil - but upping market initiatives could curb deforestation

Voluntary market initiatives from the largest buyers and sellers of palm oil could help curb deforestation linked to the crop, researchers say, noting South America and Africa are most at...

Palm oil plantations moving in on lowland forests can damage ecosystem functions

Replacing tropical lowland forests with oil palm plantations can damage 11 out of 14 functions of a healthy ecosystem, some of which will be irreparable, researchers say.

Cocoa premiums perpetuate poverty and should be 30 times higher, says Cacao for Change

Social venture Cacao for Change has written to Barack Obama and Ban Ki Moon calling for cocoa prices to triple.

Feature

CCN-51: Cocoa’s shining light or a risky monocrop?

Cocoa and chocolate stakeholders highlight the advantages and potential pitfalls of high-yielding cocoa variety CCN-51. What part should it play in the industry’s drive for sustainability?

BREAKING NEWS

RSPO lifts IOI's suspension

The Roundtable for Sustainable Palm Oil (RSPO) has lifted the suspension of Malaysian palm oil supplier IOI citing "good progress" made by the group.

‘Five times more’

High-yielding Peruvian farmer is model for global smallholders, says Technoserve

A project in Peru aimed at transitioning farmers from coca to cocoa can help boost yields globally with a unique pruning technique, says project facilitator Technoserve.

Origins

‘The new Nacional’: Chocolate majors urged to join Dominican Republic cocoa awakening

Chocolate makers are being pushed to join Dominican Republic’s plans to triple cocoa yields by 2027. The nation can become as valuable as Nacional, a prized cocoa variety from Ecuador,...

Sustainable cocoa sector needs long-term credit access for farmers: Rainforest Alliance

The chocolate industry should explore longer four-year financing projects for cocoa farmers if it is serious about making the cocoa sector sustainable, says certification body Rainforest Alliance (RA).

A new standard for quality palm oil?

Good palm oil harvesting and processing keeps cancer contaminants to 'insignificant levels', says industry

Palm oil that is harvested at the right moment, pressed quickly and processed at appropriate temperatures contains insignificant levels of contaminants - if any, says the Italian Union for Sustainable Palm...

IPOP disbands: A step backwards for sustainable palm oil in Indonesia?

After less than two years in existence, the Indonesian Palm Oil Pledge has disbanded to the dismay of environmentalists who say its member companies were bullied by the Indonesian government...

Exclusive Interview with Mars La Chola General Manager

High tech revolution: Ecuador’s cocoa sector prepares to mechanize

Ecuador’s cocoa industry is vying to increase its efficiency by exploiting technology, but says farm sizes must increase to allow mechanization.

In-house sustainability and third party certification: Do they complement or cannibalise each other?

From Fairtrade to UTZ, Rainforest Alliance to RSPO, the number of third party certification schemes is on the rise. But alongside this proliferation of consumer–facing logos is the growing numbers...

Giant commodity carbon footprints show more action is needed

Rice, soy, corn, wheat and palm oil are the “new frontier” of climate action, said Oxfam this week, as it published new data detailing the “massive” environmental impact of the world’s major commodities....

Even doubled income for farmers won’t make cocoa sustainable: Mars

Cocoa living income may need to quadruple to secure the long term future of the crop, says Mars’ global procurement head.

Don't give children palm oil, says Italian consumer group

After finding that 12 kids' food products from Nestlé, Barilla, Ferrero and Danone contain high levels of carcinogen 3-MCPD, Italian consumer group Altroconsumo is calling on parents to stop giving products that...

World Cocoa Conference 2016: In their own words

Cocoa sector remains ‘far from’ from sustainable

Stakeholders at the World Cocoa Conference 2016 acknowledge there is a long road ahead to reach full cocoa sustainability.

Ferrero to double Fairtrade cocoa purchases

Ferrero is to double the amount of Fairtrade cocoa it purchases and will buy Fairtrade sugar for the first time as it targets 100% ‘sustainable' sugar by 2020.

New program to help cocoa farmers adapt to threat of climate change

Businesses including Barry Callebaut, Mars and Nestlé are part of a new program designed to help cocoa farmers adapt to the threat of climate change.

Dispatches from the 3rd World Cocoa Conference in Dominican Republic

‘The weakest link’: ICCO advocates for big cocoa estates in smallholder zones

Cocoa producer living income can be increased by gradually introducing large estates in traditionally smallholder areas, says the International Cocoa Organization’s executive director.

On the Move

WCF names next president; Cargill appoints new chocolate & cocoa chief

The World Cocoa Foundation (WCF) has appointed its next full-time president, while Cargill has named a new global head of its cocoa and chocolate businesses.

Premium chocolate 'leg up': How to win fine flavor cocoa status

Chair of the International Cocoa Organization’s (ICCO) panel on fine flavor cocoa discusses why countries are seeking fine flavor status and how it can be won.

Mars La Chola buy a ‘turning point’ for Ecuadorian cocoa and CCN-51, says Hardman Agribusiness

Farm efficiency is back at heart of the industry’s sustainability push after Mars’ acquisition of Ecuadorian cocoa plantation Hacienda La Chola, according to Hardman Agribusiness.

Paying to meet ISO cocoa standard would push farmers below poverty line, warns ICCFO chief

An incoming international standard on sustainable cocoa will bring farmers ‘one big step below the poverty-line’ if it remains unchanged, argues a farmers’ group.

Decline or rise? Europe cocoa processing numbers released

Figures from grinders including Cargill, Barry Callebaut, Nestlé and Mondelēz show the volumes of cocoa processed in Europe in the first quarter of this year.

Key Industry Events