Cocoa and sugar are commodities right and 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.
The International Cocoa Organization (ICCO) has reiterated its cocoa deficit forecast for the 2012/13 season after a public leak led the market to erroneously believe the shortfall was greater than expected.
The amount of cocoa processed in Asia grew 10% in the fourth quarter of 2013 compared to the same period last year.
Certification is one of the most potent tools for chocolate makers to avoid serious cocoa shortages and to improve the lives of farmers, according to the burgeoning certified cocoa organization, UTZ...
The European Commission has agreed new rules to curb speculation in food commodities, in order to avoid a repeat of the global food price spikes seen in 2008.
Cocoa grinds are up in Europe and the chocolate market is set to follow, but other markets are shining more brightly and will continue to do so, according to Euromonitor.
A sustainable cocoa supply chain is reliant on women, who provide a large portion of the labor and often invest earnings on items that benefit their community, says Mars Chocolate...
Sugar prices are set to edge upwards of 8% next year due to a decline in global production, according to Rabobank.
Hershey has committed to purchasing 100% traceable and sustainably-sourced palm oil by the end of 2014. Greenpeace has welcomed the move, but has reservations about timelines and terminology.
A third consecutive cocoa deficit will send prices skyrocketing in 2014, according to Rabobank analysis.
The global cocoa deficit for the 2012/13 crop year was worse than previously expected, according to revised figures from the International Cocoa Organization (ICCO), which has tripled its estimate.
Simply paying African cocoa growers more will not incentivize them to move away from the encroaching, more lucrative industries of palm and rubber, says Barry Callebaut.
The industry needs to think how farmers can be incentivized to grow organic cocoa because premiums do not currently compensate the productivity shortfalls from not using pesticides and fertilizer, according...
Sustainable supple chain adviser Solidaridad demonstrates the impact unsustainable cocoa has on farmers' lives in a new multimedia art exhibition in the Netherlands.
The industry needs to go beyond certification box-ticking to avoid a sizable cocoa deficit by 2020, says sustainable supply chain adviser Solidaridad.
Many confectioners are sidestepping responsibilities on sustainable palm oil by only ensuring products meet ‘inadequate’ RSPO standards, according to Greenpeace.
Stationery made from the pruned bark of cocoa trees contributes to a sustainable cocoa bean supply and allows confectioners to deliver a marketing story, according to supplier Cocoa Paper.
Unilever and Ferrero both said they would strengthen their commitments to sustainable palm oil this week – a sign of an industry in transformation, according to Catapult, an organisation working...
Cargill has invested $800,000 to renew a sustainable cocoa partnership with NGO CARE for another three years.
UTZ Certified argues that guaranteeing cocoa farmers a premium distorts the market by discouraging them from adopting good agricultural practices as they are guaranteed a premium regardless of quality. Fairtrade...
Deforestation, loss of habitats, social upheaval and vast swathes of smoke: there’s no doubt the palm oil industry is guilty of continuing atrocities against both planet and humanity.
The Ghanaian Cocoa Board (Cocobod) has categorically denied an impending ban on cocoa exports due to high levels of pesticide residues on beans.
Business skills are as important to cocoa farmers as material addressed in field schools, says the program director of Olam and Blommer Chocolate’s independently-run joint venture project Grow Cocoa.
Food manufacturing giant Unilever will work with international non-profit Solidaridad to drive the sustainable development of the sugar cane industry in Central America.
The tonnage of cocoa beans processed in Europe in the third quarter by the likes of Barry Callebaut and Cargill has risen by 4.7%. Euromonitor says the industry is playing...
Soaring cocoa butter prices have upped the cost of chocolate bar manufacture in Europe by 25% in the past 12 months, according to commodity analysts Mintec, which claims the cocoa...