Cocoa

Cote d’Ivoire's cocoa farmers will now be guaranteed the farmgate price for their beans with the new electronic cards. Pic: Mighty Earth

Legislation

Cote d’Ivoire implements electronic payment cards for cocoa farmers

By Anthony Myers

Cote d’Ivoire’s cocoa regulator, Conseil du Café Cacao (CCC), has initiated a scheme to distribute electronic cards to cocoa farmers to help track beans from farms to their export ports and ensure the growers are paid a guaranteed price for their produce.

Cargill’s Cocoa Promise – 10 years on, what lessons have been learned?

Is sustainability under threat?

Cargill’s Cocoa Promise – 10 years on, what lessons have been learned?

By Anthony Myers

Cargill’s commitment to cocoa sustainability stretches back to 2000, when it began offering seminars to cocoa farmers. Kate Clancy has been with Cargill and working in sustainability since 2011, taking up her recent position of Group Sustainability Director,...

ofi's Dezaaan single origin cocoa. Pic: ofi

Special report

Asian consumers driving demand for single origin cocoa

By Anthony Myers

As ConfectioneryNews reported last month, the trend for single-origin cocoa ingredients has been growing for some time, as consumers with a sweet craving also look more closely at how and where their cocoa is sourced.

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...