Hershey has developed a palm oil sourcing policy that it claims goes further than its previous Roundtable on Sustainable Palm Oil (RSPO) commitment.
Raw sugar prices are forecast to rise as much as 7% by Q2 2015, but recent trading suggests prices will come down in the longer term, according to an analyst at Rabobank.
The increasing trend towards government investment partnerships with large multinationals threatens land rights, equality and the environment in Africa, an Oxfam report warns.
Hershey has partnered with its supplier Cargill to bring its cocoa sustainability program to the Côte d’Ivoire, helping farmers achieve UTZ certification.
Consumers in producer countries are increasingly interested in Fairtrade certified products as a means of supporting their domestic economy, according to Fairtrade International’s annual report.
The International Cocoa Organization (ICCO) has revised its estimate for the 2013/14 cocoa season and now expects a slightly larger supply surplus.
Over half of cocoa grown on certified farms may be sold as conventional cocoa rather than commanding a premium price for farmers.
Buying certified cocoa only from third party organizations such as UTZ Certified is now an essential part of doing business for all chocolate companies, not just the big ones, says...
Demand for the sustainable oil is rising faster than supply for the first time as total sales of Certified Sustainable Palm Oil (CSPO) reach more than 2.4 million metric tonnes (MT).
Higher cocoa prices in the international market could kick-start Colombia’s plans to replant up to 80,000 ha of its cocoa bean acreage.
Rising hazelnut prices are putting further pressure on confectionery manufacturers, who are already contending with mounting cocoa costs.
The next several years will herald a surge in quality cocoa volumes from Central America creating opportunities for premium origin chocolates, says Lutheran World Relief.
The Institute of Economic Affairs (IEA) has said categorically it does not accept state money, following accusations by a Malaysian media outlet that the UK think tank is in bed...
Ingredients giant Tate & Lyle has said that group operating profit from Q1 fell below expectation after it was hit by poor weather and exchange rates.
The amount of cocoa processed in Asia in the second quarter (Q2) grew 5.21%, according to figures from the Cocoa Association of Asia.
Cocoa processing in North America grew 4.52% in the second quarter (Q2), according to figures from the National Confectioners Association (NCA)
Giving cocoa farming cooperatives shares in chocolate firms would improve livelihoods and encourage them to boost yields and quality, while giving chocolate manufacturers greater control of their supply chain, says...
The amount of cocoa processed in Europe dropped 1% in the second quarter falling below traders’ expectations, but it's too soon to tell if chocolate demand is sliding.
Industry voices discuss whether raising suggested retail prices for chocolate could incentivise cocoa farmers to invest in farms, bring them out of poverty and keep the next generation growing cocoa.
The FAO Food Price Index was down for a third consecutive month in June, as good supply and improved global production prospects for wheat, maize and palm oil lowered prices....
An older and younger farmer discuss what the chocolate industry can do to ensure there is a future generation of cocoa farmers.
ConfectioneryNews asks industry leaders if cocoa production will gradually move closer to the burgeoning chocolate markets of China and Brazil or whether West Africa will always be the king of...
Chocolate companies must know what truly constitutes cocoa child labor to be able to tackle the issue, according to the International Cocoa Initiative, which has unveiled a new strategy to...
Industry fortune-telling of a large cocoa shortfall in 2020 was a shrewd way to secure supply at low prices, but the latest deficit forecasts are nowhere near as gloomy.
Futures exchange company CME Group has made a “strong commitment” in the cocoa market and plans a new contract to rival the IntercontinentalExchange Group (ICE).