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Breaking News on Confectionery & Biscuit Processing

Sectors > Cocoa & Sugar

Olam pays $3m to settle unlawful cocoa trading case

The world’s third largest cocoa processor Olam has agreed to pay a fine of $3m for alleged mistrading of cocoa futures but has refused to admit wrongdoing.

Barry Callebaut grows above chocolate confectionery market in Q1

Leading cocoa processor Barry Callebaut has reported volume growth ahead of the global chocolate confectionery market in its first quarter.

Q4 cocoa grind analysis

Recoiling at chocolate price hikes? Cocoa grind slumps in developed markets

Weak fourth quarter cocoa grinds in developed markets suggest that consumers have reacted negatively to wholesale chocolate price hikes from the major brands, according to an analyst.

Last call for votes! Who is your 2014 confectionery personality?

Voting closes for ConfectioneryNews’ inaugural Personality of the Year tomorrow – cast your vote here.

New World of cocoa: Artisan chocolatiers marvel at origin Nicaragua

Artisan chocolate makers are welcoming Nicaragua as a rare and blossoming cocoa origin, according to supplier Ingemann.

Intense sweeteners have no proven nutritional value, says French authority

Recommending intense sweeteners as a way to reduce sugar intakes cannot be justified as a public health strategy, the French Agency for Food, Environmental and Occupational Health & Safety (ANSES)...

Cocoa intake may delay progression of type 2 diabetes: Rat study

Cocoa intake may delay the progression of factors associated with type 2 diabetes, according to a study in rats.

Brands lead on sustainable cocoa goals, Cargill and Barry Callebaut suggest

The leading cocoa processors say they will support brand manufacturers to achieve fully sustainable cocoa, but decline to publicly set their own targets.

Comment

Something’s rotten in the state of cocoa…On the supply side

Ingredients suppliers should set targets to achieve fully sustainable cocoa or risk perpetuating labor abuses in West Africa.

Rabobank: Lower sugar prices set to continue in 2015

Global sugar prices are likely to remain low in 2015 as production looks set to continue at a similar level, according to Rabobank’s Q4 sugar report.

Cocoa flavanols may fend off age-related cognitive dysfunction, says Mars-backed study

A Mars-backed study has provided further evidence that high cocoa flavanol consumption may help improve cognitive function, possibly through changes to insulin sensitivity.

Cocoa processing still a ‘three horse race’ after Olam’s ADM Cocoa buy: Analyst

Olam’s $1.3bn deal to acquire ADM Cocoa is likely to have little impact on the price of cocoa ingredients for chocolate makers because grinding capacity is still concentrated with three...

News in brief

Olam International strikes 'transformational' deal to acquire ADM's global cocoa business for $1.3bn

ADM has struck a deal to sell its global cocoa business to Olam International Limited for $1.3bn.

Is added sugar worse than salt for heart health?

Sugar in processed foods may have a larger impact on heart health than salt, argues a paper published in the journal Open Heart.

International Chocolate Award winner Chocolat Madagascar

Creating fine chocolate ‘analogous to making wine’, says Chocolaterie Robert

International Chocolate Award winner Chocolaterie Robert says that fine chocolates, like fine wine, should process the main commodity freshly and at origin.

Cargill opens $100m Indonesian cocoa plant

Cargill has opened its first cocoa processing facility in Asia in the East Java region of Indonesia.

Food Empowerment Project urges transparency on child slavery

West Africa boycott needed for slave-free chocolate, says consumer group

The Food Empowerment Project has called on US chocolate makers to list cocoa country of origin on pack so consumers can avoid brands that use cocoa from West Africa, where...

Cash injection to boost cocoa processing in Africa

 The African Export-Import Bank (Afreximbank) has provided $350m to support cocoa processing in the four major producing countries in Africa.

United Cacao plots world’s largest cocoa plantation

United Cacao has listed on the London Stock Exchange to set up the world’s largest commercial cocoa plantation in Peru and promises fermentation to buyers’ standards.

ICCO extends cocoa surplus for 2013/14

The International Cocoa Organization (ICCO) has estimated a larger surplus for the cocoa year just past and has noted an increase in origin grindings.

Bringing chocolate home: Africa is more than the world’s cocoa basket, says Madécasse

The chocolate industry and fairtrade movement are perpetuating poverty in Africa by relying on the continent for it’s agricultural assets rather than manufacturing potential, says Madagascan chocolate maker Madécasse....

Special Edition: Cutting calories in confectionery

Significant changes required for ‘light in calories’ chocolate

Chocolate makers must completely replace sugar and reduce fat content to a legal minimum to be able to make a ‘light in calories’ claim in the EU, according to Barry...

Chocolate shortage ‘overstated in the extreme’, says ICCO

The International Cocoa Organization has quelled media reports of a chocolate crisis in 2020 and says there are sufficient cocoa stocks for the next five years.

Peru to become top 10 cocoa exporter, says USDA

Cocoa production in Peru is set to rise 5% in calendar year 2014 and increases in planting will see the country become a key cocoa exporter in the coming years,...

Editor's Blog

Unsung candymen and women: ConfectioneryNews opens entries for Personality of the Year 2014

ConfectioneryNews is launching its inaugural Personality of the Year competition to recognize unhailed innovators and industry stalwarts for a job well done.

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