Cocoa & Sugar

Raw cacao pioneers Lovechock has a new owner. Pic: Lovechock

M&As

Lovechock eyes expansion after company takeover

By Anthony Myers

Lovechock, the Dutch raw cacao company, has been acquired by Belgian family-owned company Pauwels Engineering NV, the two parties have announced in a statement.

Ourput of West African cocoa beans fell last month. Pic: CN

Commodities

Uncertain supply and demand undercuts cocoa prices

By Anthony Myers

Recent flash flooding in West and Central Africa has hindered Cote d’Ivoire’s transportation of cocoa beans from the farms to the ports and could be the reason for the reduction of cocoa arrivals seen during the first few weeks of the main 2022-23 season...

Single origin, sustainable cocoa is becoming more in demand. Pic: Cargill

Single origin cocoa: consumer trends

Why single origin cocoa is so important

By Anthony Myers

As interest in cocoa sustainability intensifies among EMEA consumers, two studies highlight why bean-to-bar authenticity is on the rise.

The company also said it is also battling a volatile environment in its European market. Pic: Mondelēz International

Financial results

Mondelēz to up Cocoa Life investment on back of strong Q3 results

By Anthony Myers

Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...

Peter Boone, CEO of the Barry Callebaut Group, at the launch last month of its '2nd Generation Chocolate' innovation. Pic: Barry Callebaut

Financial results

Drop in profits at Barry Callebaut after factory shutdown earlier in year

By Anthony Myers

Barry Callebaut caught the market by surprise by rescheduling its Full-Year Results 2021-22 analysts and media call to Tuesday instead of today (Wednesday 2 November) after the figures were published early due to an ‘unforeseen event’. The world’s largest...

ofi claims it can can now track cocoa at every stage of its journey from the farm or community. Pic: ofi

Sustainability

Ofi’s Cocoa Compass wins sustainable supply chain award

By Anthony Myers

Cocoa supplier olam food ingredients (ofi), has won the Sustainable Supply Chain of the Year Award at the 2022 Global Good Awards, which recognise businesses, NGOs, charities and social enterprises that are driving social and environmental change.

Cocoa and flower growers experienced the strongest rebounds in 2021, according to Fairtrade. Pic: Fairtrade

Sustainability

Fairtrade cocoa farmers see boost in earnings, according to new report

By Anthony Myers

Cocoa farmers, as well as workers in other commodities and crops, experienced a boost in Fairtrade Premium earnings thanks to a recovery in Fairtrade product sales throughout 2021, Fairtrade International’s latest annual report has revealed.