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News > Commodities

Commodities

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. 

European cocoa grind slows in Q1

The amount of cocoa processed in Europe has remained flat in the first quarter of 2014 following three quarters of growth, according to the European Cocoa Association.

CIUS calls for close monitoring in ‘uncertain’ EU sugar market

European Sugar Users (CIUS) has called on the European Commission to implement temporary market measures should sugar end stocks fall below a certain threshold amid uncertainly in the EU sugar...

‘We’re not big candy’: NCA says most confectioners are small to medium sized family companies

The US National Confectioners Association (NCA) has hit out at claims from the American Sugar Alliance that the confectionery industry is dominated by big players and is crying poor about...

2020 sustainable cocoa targets ‘a tall order’ – Intertek

Chocolate makers may struggle to guarantee their entire cocoa supply comes from a sustainable source by 2020 targets, according to auditing service Intertek.

Animal feed industry gets a new website

A new website has been launched to supply breaking news for the global animal feed industry – a sector that was valued at $500 billion last year.

ONE WEEK TO GO - HAVE YOU REGISTERED YET?

One week to go: FoodNavigator’s Sugar Debate separates the fact from the fiction

Sugar has been linked to everything from heart disease to obesity and cancers in recent months. But is it as bad as all that? Our free-to-attend debate aims to tackle...

News in brief

Ferrero makes Fairtrade cocoa commitment after rule change

Italian confectioner Ferrero has agreed to purchase 20,000 MT of certified cocoa over 3 years under Fairtrade International’s new Cocoa Program.

Self-regulation on cocoa child trafficking inadequate: NGO points finger at Mondelēz

NGO STOP THE TRAFFIK has accused Mondelēz International of lagging behind its rivals by attempting to self-regulate child trafficking in the cocoa sector.

CIUS: EU must act on sugar shortage risk

The Committee of European Sugar Users (CIUS) has called on EU member states and the Commission to take adequate measures to avoid sugar shortages and guarantee a sufficient stock level...

Dispatches from State of the Industry Conference in Miami

Not in industry’s interests to raise chocolate prices in face of cocoa shortfall: NCA

Chocolate makers are well prepared for current cocoa deficit forecasts and will only be forced to raise prices if other inputs such transportation become costlier along with cocoa, according to...

Sustainable cocoa supply

‘If I die, I will produce no more cocoa. You will not have any more,' warns Ivorian farmer

The chocolate industry should embrace certification to improve the livelihoods of farmers or risk losing a generation of cocoa growers, according to the head of a Fairtrade cocoa cooperative in...

Sugar industry set to follow cocoa’s lead on sustainability, says Fairtrade

Sugar sustainability commitments will soon match those made for cocoa, according to Fairtrade International.

News in brief

Ferrero moves to enhance Serbian hazelnut production

Italian confectioner Ferrero has signed a memorandum of understanding with the Serbian government to support hazelnut growing in the country.

Exclusive interview

Fairtrade chocolate set for uplift after fresh approach

Fairtrade International is offering a new sourcing program that it hopes will inspire more confectioners to purchase Fairtrade cocoa.

Improved chocolate quality with controlled cocoa fermentation, says Barry Callebaut

The taste of chocolate can be vastly improved by adding starter cultures during cacao bean fermentation, according to Barry Callebaut.

Yildiz Holding makes social investment in sustainable cocoa

Godiva owner Yildiz Holding has made one of its first social investments in sustainable cocoa by sponsoring Cémoi, Blommer Chocolate and Delfi’s Processors Alliance for Cocoa Traceability and Sustainability (PACTS)...

FAO: Better crop genebanks mean better food security

The FAO wants to improve standards across the world’s genebanks to improve the conservation of crop diversity which in turn means securing resilient global food supplies.

News in brief

ICCO clarifies 2012/13 cocoa deficit after leak

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.

News in brief

Asia cocoa grind climbs 10%

The amount of cocoa processed in Asia grew 10% in the fourth quarter of 2013 compared to the same period last year.

UTZ: Certification is our weapon against cocoa deficit

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...

EU agrees rules to curb food speculation

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.

Shining light or dying star? European cocoa grind registers 6% rise

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.

Oxfam aftermath: Women central to the future of cocoa, says Mars

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 to edge higher as deficit looms

Sugar prices are set to edge upwards of 8% next year due to a decline in global production, according to Rabobank.

Hershey ups palm oil pledge but Greenpeace wants more

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.

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