The Ghana Cocoa Board (Cocobod) is set to raise the price of cocoa in a bid to offset low exports amid the coronavirus pandemic and heavy rains affecting this season’s crop.
Lockdown restrictions at destination ports for cocoa exports caused by the coronavirus pandemic is having a financial impact on Ghana’s main commodity due to slowing exports and sales.
Marika van Santvoort, founder of Freebird, explains to ConfectioneryNews the benefits of cacao juice, not only for health-conscious western consumers, but also as potential extra revenue for cocoa farmers who are struggling on low incomes.
The global sugar confectionery market size is anticipated to reach $69.5bn by 2026, growing at a rate of 4.3%, according to new research published by Polaris Market Research, as sugar stays stable on the commodity market.
Scientists are analysing cocoa’s chemical ‘fingerprint’ to determine in which country it was produced. In the future, the technology could have the potential to confirm chocolate label claims, say researchers.
‘During risk-off periods in markets, the prices of all products tend to move lower. When price carnage hits markets, rationality takes a holiday,’ said analyst Andrew Hecht.
Millions is wasted on celeb marketing campaigns that could be redirected to help the world’s poorest achieve a living income through blockchain tokens, says Fairchain and the UNDP.
November was ‘a bullish month for the cocoa futures market as the price hit its highest level in 2019 and the highest since May 2018, said analyst Andrew Hecht, author of the Hecht Commodity Report.
From blockchain to crop monitoring with drones, smallholder cocoa producers in Honduras are digitizing their production thanks to a project led by the Inter-American Development Bank.
Fair trade standards should become watchdogs instead of the benchmark for sustainability, argues the recently appointed head of sustainable commodities NGO Solidaridad.
Sustainability is undoubtedly one of the hottest topics in APAC’s food and beverage industry, but it can be hard to distinguish between greenwashing and a genuine commitment best practice. That’s why in this edition of Asia’s Food Future: Industry 4.0,...
