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Cocoa supply

Cocoa prices have doubled over the last three years and have put massive pressure on the confectionery industry with modest price rises unable to absorb the cost increase. The commodity has been pushed higher by tight supplies from major growing countries like the Ivory Coast, an anticipated upturn in demand as the world comes out of recession, and speculative buying.

Cargill upbeat about future Vietnamese cocoa output

12-Apr-2010 - A new cocoa buying station in Vietnam will support an ongoing programme of cocoa farming expertise transfer and shows the high expectations Cargill has for cocoa development in the country, said the industry chocolate supplier.

UK project aims to secure future cocoa supply

31-Mar-2010 - A UK research project aims to ensure the sustainability of future cocoa production through suggesting ways cocoa breeders can produce varieties more adapted to climate change.

Tea seed oil may replace cocoa butter in chocolates

17-Mar-2010 - Partial substitution of cocoa butter in confectionery products may be achieved with tea seed oil, a by-product of tea processing, says new research with the potential to help chocolate makers cut costs.

Barry Callebaut looks to Malaysia for alternative cocoa sources

16-Mar-2010 - Ambitious growth targets are fuelling leading chocolate supplier Barry Callebaut’s strategy to source cocoa from regions other than West Africa, with Malaysia the focus of the first stage of its cocoa production expansion plan.

Cargill calls for harmonized fair trade cocoa schemes

08-Mar-2010 - As Cargill expands its cocoa farmer training programme in the Ivory Coast this month, we caught up with managing director of Cargill Cocoa & Chocolate, Harold Poelma, to hear about developments in the sourcing of sustainably derived cocoa and his call for audit convergence among schemes.

Cocoa speculators damaging industry, German producers

08-Mar-2010 - The German confectionery industry has expressed concern over the fluctuation in the price of its key raw ingredient, cocoa, as a result of speculation.

Cocoa prices dip on reports of buoyant supply

04-Mar-2010 - Cocoa futures in New York hit their lowest price since September yesterday on signs of increased production in Ivory Coast, which is the leading global supplier.

Divine buys up first Sierra Leone Fairtrade cocoa shipment

03-Mar-2010 - The first shipment of Fairtrade certified cocoa by farmers based in Sierra Leone has been bought by Divine Chocolate, a company co-owned by cocoa farmers in Ghana.

New test improves control of chocolate origins

26-Feb-2010 - A simple test of volatile compounds in chocolate may serve as chemical tracers to enable better traceability of cocoa and inform consumers of the countries of origin, say French researchers.

Training scheme aiding sustainable choc supply, Cargill

19-Feb-2010 - Cocoa bean crop quality and yield is benefiting from a farmer training programme in the Ivory Coast, which is set to be extended to a wider number of farmer cooperatives this month, said Cargill.

Green and Black's go 100 per cent Fairtrade

29-Jan-2010 - Organic chocolate maker Green & Black's said it is bolstering its commitment to sustainability by moving its entire global food and beverage range worldwide to Fairtrade.

Lindt expects input cost pressures to continue

22-Jan-2010 - The drop in demand for premium products in Europe impacted sales for Swiss chocolate maker Lindt & Sprüngli last year and the company expects pressure on margins to continue due to higher input costs.

International auditors rate Ghana cocoa plant highly, claims Cargill

09-Dec-2009 - A Cargill cocoa butter and powder plant in Ghana has obtained recognition by an international food audit group AIB International, which the ingredients giant claims is a validation that the facility is operating to the highest standards.

Cocoa prices hit record highs

08-Dec-2009 - Confectionery manufacturers are facing increasing cost pressures as cocoa futures prices hit their highest levels for 25 years on supply fears.