Cocoa traders have predicted that cocoa prices are set to increase.
The price of the commodity has dropped by up to 40 per cent since
touching a 16-year high in October 2002.
Vietnam's burgeoning cocoa industry received a significant boost
last week after the US government confirmed it would provide $4
million (€3.4m) in development aid.
London cocoa prices hit a new 15-month low last week, encouraging
many German buyers to pull out of the market in the hope that
prices might fall further.
Vietnam is halfway through its target of planting 500 hectares of
cocoa this year. The country, famed for its quality coffee
production, wants to become less reliant on one single cash crop.
The 25th annual Australian society of sugar cane technologists'
conference is aiming to highlight the latest advancements in
research and development in the industry.
Replacing dietary fat with a higher intake of carbohydrates,
including sugar, can have a positive effect on weight control in
overweight individuals, according to a study sponsored by the
European Commission and EU sugar industries...
A federal government bail-out of the Australian sugar industry was
under threat on Tuesday after business and opposition groups, in
particular food manufacturers, objected to a three cent a kilogram
levy to fund the $120 million plan...