The recent global weather events has highlighted the real threat of climate change. In a special podcast Michael Gidney, CEO of the Fairtrade Foundation, tells consumers about the impact of the climate crisis on its network of farmers and what they can...
Colombia, the world’s largest producer of cocaine, is working to reduce reliance on coca cultivation. Instead the government is investing in oil palm, which locals say is benefiting communities and the environment.
Oversupply and ample stocks of cocoa beans in the preceding year made cocoa beans relatively affordable, boosting production and increasing cocoa processing activities.
Cocoa production in key West African countries dropped significantly at the end of 2021, according to the latest figures from the International Cocoa Organisation (ICCO).
Sustainable palm oil production could be one of the biggest beneficiaries of commitments made at the COP26 summit – but experts who have been assessing the fine print say that the devil lies in the detail of implementation.
Record surge for chocolate by American consumers has pushed sales to $29bn, with retail chocolate sales climbing more than 5% a quarter, according to data from Chicago-based researcher IRI.
Ghana’s cocoa carriers have announced they have called off their strike after meeting with the licensed buying companies and officials from COCOBOD, the government-controlled body that fixes the buying price for the country’s cocoa exports.
The Indonesian palm oil sector has urged the European Union to ensure that its final regulatory approach to imported commodities does not discriminate against palm oil, warning that efforts to replace it as an ingredient could lead to even ‘bigger problems’...
The International Cocoa Organisation (ICCO) forecasts a 10% increase in the world cocoa production and a 25% increase in the cocoa price in the next decade. Based on the forecast, the total cocoa production will be approximately 4,700,000 tonnes in 2022-2023.
Sugar giant US Sugar says it “fully intends to litigate” to prove its proposed deal to acquire rival Imperial Sugar will not result in higher prices and harm sugar buyers after the Department of Justice (DOJ) filed an anti-trust lawsuit in a bid to block...
Where should food businesses begin net zero action? With a ‘forest positive’ approach, Earthworm Foundation CEO Bastien Sachet tells FoodNavigator, stressing action is required this decade.
Global chocolate and cocoa supplier reports healthy growth, good profitability and strong cash generation, and an impressive recovery from its gourmet division.
As the 2021 United Nations Climate Change Conference (also known as COP26) gets underway today in a rainy Glasgow, a new Fairtrade study has revealed findings that ‘paints a bleak picture’ of the future for cocoa and other commodities.
Stefan Reidy is the founder and CEO of Arviem, a Swiss-based provider of multi-modal, in-transit supply chain visibility. He explains how best to protect valuable cocoa beans during their journey from West African ports to Europe and North America.
Latest data from the ICCO reveals that Europe's third-quarter cocoa grind rose 8.7% from a year earlier but only 3.5% from Q3 2019, as North America and Asia also report increases.
Indonesia’s representative palm oil body GAPKI is concerned that it may not be able to produce enough of the commodity this year, given that added demand is expected as economies recover from the COVID-19 pandemic.
Dubai’s influence in the growing cocoa sector in Middle East region has been further strengthened by the announcement that Barry Callebaut has inaugurated a new CHOCOLATE ACADEMY at the foot of Burj Khalifa, one of the world's most iconic landmarks.
News that China's small batch of cocoa beans has been recognised by the Bioversity International’s 2021 Cocoa of Excellence competition is seen as another indicator of the rise of Asia’s cocoa sector.
Swiss agrifood testing company SwissDeCode is working with confectionery giant Mars Wrigley to find an early detection solution that can identify Cocoa Swollen Shoot Disease (CSSD), a virus that can devastate cocoa crops.
The potentially devastating black pod disease could affect cocoa crops in West Africa this year, due to above-average rainfalls and warm and humid conditions in September.
The second African Cocoa & Chocolate Expo (ACCE) 2021 opens online from today for three days of discussions, debates, exhibitions and networking opportunities.
A significant increase in the price of raw materials, combined with the costs of energy, logistics and packaging materials are causing problems for Germany’s confectionery industry.
The International Cocoa Organization (ICCO) has revised its forecasts for the 2020-21 cocoa year, along with estimates of world production, grindings and stocks of cocoa beans for the 2019-20 cocoa year.
The Commonwealth of Dominica is setting an agenda to position itself as one the best cocoa producers on the international market by developing better agricultural practices and infrastructure.
BDSI, the German confectionery industry association, has reported its cocoa grindings rose 18% to 93,064 tonnes representing ‘a positive trend reversal’ in the country in the second quarter of 2021.
Ingredient supplier Tate & Lyle has launched a stevia sustainability programme in collaboration with environmental experts Earthwatch Europe. The company says the move will help the fast-growing stevia agri sector leverage sustainable practices as...
Palm oil and sustainability disagreements have caused ASEAN-EU trade relations to sour even further over the past year with a potential trade war on the line, even as the UK has moved to soften its stance to cement better ASEAN relations post-Brexit.
Announced earlier in the year, The Dubai Multi Commodities Centre's (DMCC) Cacao Centre is set to launch in summer with plans to make the Emirati city a global hub for trade in cocoa beans.
Cocoa prices continue to struggle, despite an increase in grindings reported in North America and Southeast Asia and is still ‘the worst performing commodity of the year,’ according to some analysts.
Over the past three decades, the rate of deforestation around the world has noticeably declined. This comes against an ever-increasing societal pressure from consumers and governments for more sustainable food products, which applies to everything from...
In a recently released new action plan, the global food manufacturer said workers in the palm oil industry - in particular migrant workers - are vulnerable to labour rights abuses, including forced labour.
Nutella manufacturer Ferrero has reiterated its commitment to sourcing sustainable palm oil that is 100% RSPO certified and segregated, and traceable to farms, the Italian confectionery group said in its Palm Oil Progress report for 2020.
The Cocoa Association of Asia (CAA) has announced it is postponing its conference that was due to take place from 4 to 5 November this year in Singapore due to the ongoing global health emergency following the COVID-19 outbreak.
The network also asks EU to step in and support cocoa farmers with human rights and environmental rights due diligence regulations, as Conseil du Café-Cacao says it will reimburse exporters affected by Living Income Differential payments.
Olam International, the global food and agri-business with cocoa now under its Olam Food Ingredients (OFI) division, has released its 2020 Annual Report, claiming to have met its target for 100% traceability of its directly sourced cocoa.
Increased output from Cote d’Ivoire and Ghana, along with decline in European cocoa bean usage due to the resurgence of COVID-19 infections means a production surplus projected in the 2020-21 season, with cocoa futures on the commodities market underperforming...
The environmental NGO says many certification schemes – covering palm, soy, and timber – enable ‘destructive business to continue as usual’. Palm Oil Monitor has fought back, questioning Greenpeace’s motives: ‘Make no mistake, this is an attack on palm...
Malaysian palm oil is expected to see a rise in demand from India and China this year as economies gradually open up and local stocks diminish, but the industry must improve logistics and digital reach to effectively capitalise, according to industry...
In its latest Monthly Cocoa Market Report, the International Cocoa Organization (ICCO) has revealed that anticipations of a production surplus compounded with low levels of demand have contributed to the decline in prices in cocoa from January 2021 on...