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. 

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.

How will the end of EU sugar quotas impact confectioners?

Confectionery manufacturers can expect an increased supply of sugar at reduced prices once the European Union lifts sugar production quotas later this year.

From farm to fork: How much do you know about where Europe's food comes from?

Eurostat, the official statistics bureau of the European Union, has published data report on Europe's farms, fisheries and food supply. How much do you know about where your food comes from?...

Interview with counsel for six alleged child slaves

'Head in the sand' approach on cocoa supply chain may not wash if Nestlé, ADM & Cargill suit proceeds, says lawyer

A lawyer representing six alleged child slaves working in cocoa in a class action against Nestlé, ADM and Cargill says the ramifications of the case on the chocolate industry could...

'Unified voice': Two cocoa farmer organizations merge

The World Cocoa Farmers Organization (WCFO) and The International CoCoa Farmers Organization (ICCFO) have merged and are urging the cocoa and chocolate industry to support efforts to group farmers to...

Exclusive interview

Barry Callebaut CEO: US legal risks no reason not to act on cocoa sustainability

The legal risk of acknowledging there is child labor and extreme poverty in the chocolate industry’s supply chain is no reason not to act, says Barry Callebaut’s CEO.

Wilmar palm oil produced using child labour in dangerous conditions: Amnesty International

Amnesty International has uncovered “systemic” cases of child labour and labour rights abuses in Indonesian palm oil plantations operated by Wilmar, tracing the palm oil back to firms including Nestlé,...

Child labor eradication pledge

Barry Callebaut sets 2025 target for sustainable cocoa

Barry Callebaut has pledged to bring 500,000 cocoa farmers out of extreme poverty and eradicate child labor in its supply chain under an initiative to source fully sustainable cocoa by 2025.

'The ethical urge' powers fair trade in Switzerland: Study

The Swiss buy more fair trade foods than Germans, but it’s not just because there are more products available to them: they’re also “more ethically convinced” by these products, researchers have found....

Feature

Origin labelling: A step towards transparency - or worrying form of ‘gastronationalism’?

Calls for mandatory country of origin labelling (COOL) are growing louder in Europe and supporters say it will restore trust, provide transparency and help consumers support local producers if they...

Eight-minute podcast: Fairtrade’s new cocoa director

Fairtrade to review cocoa premium against farmer income study

Fairtrade International plans next year to review its minimum price and premium for certified cocoa against a study measuring the drivers of income for farmers.

Sustainable commodity commitments rocket but most firms struggle with traceability

New commitments to tackle deforestation in commodity supply chains have almost doubled in the past 12 months, but pledges remain “piecemeal” with very few companies looking beyond palm oil, according to a...

Guest article

Palm oil industry under fire as Indonesia’s haze drama continues

Haze from slash-and-burn agricultural has returned to Southeast Asia this year. Is it enough to wait for regulators to bring the (mainly palm oil) culprits to justice? Asian resource legal...

Behind the curtain: Calls for accountability in cocoa chain grow louder

Chocolate companies are coming under increasing scrutiny to publish third-party verified impacts on cocoa sustainability efforts, including taxes paid in origin countries.

Disptaches from WCF meeting in Abidjan

‘Our customers do care’ about sustainable cocoa, says M&S

UK premium retailer Marks & Spencer says its consumers expect cocoa from sustainable sources.

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...