Cocoa

Mars Wrigley's Responsible Cocoa programme supports the LID. Pic: Mars Wrigley

Cocoa

Mars Wrigley to meet industry cocoa officials to discuss LID payments

By Anthony Myers

Barry Parkin, the company's Chief Procurement and Sustainability Officer, is set to meet with members of the cocoa industry and the governments of Ghana and Cote d'Ivoire this week to discuss the Living Income Differential (LID) and to underscore...

Cocoa futures have been performing poorly since the beginning of the year. Pic: ConfectioneryNews

Commodities

Production surplus could weigh down cocoa futures in Q2

By Anthony Myers

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...