The International Cocoa Organisation (ICCO) anticipates a lower than expected global cocoa shortage in the 2011/12 season due to ideal weather conditions and higher grinds in some cocoa producing countries.
Consumption of cocoa and the compounds it contains offer significant and ‘consistent’ benefits to blood flow and blood pressure, says a new meta-analysis of 42 studies.
It will take every tool in the box to combat the effect of climate change on cocoa production, warn industry experts following the publication of research into the impact of rising temperatures on farmers in West Africa.
Flavonoid compounds in cocoa may reduce inflammation associated with arthritis in lab animals, says a new study with possible implications for joint health.
Cargill’s drive to secure a good quality and sustainable supply of cocoa beans is filtering down to famers in Cote d'Ivoire as it has just made premium payments totalling more than US $2.2m.
Consuming polyphenol-rich dark chocolate or cocoa products may reduce total and LD cholesterol levels, but has no effect on HDL levels, according to a meta-analysis of 10 clinical trials.
The potential health benefits of cocoa polyphenols may be linked to their anti-inflammatory potential, suggests data from a human study from the University of Barcelona, Spain.
Leading cocoa processor Archer Daniels Midland (ADM) has announced it is kick-starting its Ivory Coast sustainable cocoa initiative – Serap – in Indonesia in a bid to boost cocoa quality from growers in that region.
Cargill’s takeover of Schwartauer KVB has been cleared by the European Commission, giving the US giant the green light to phase in the operations of the German semi-finished cocoa supplier.
There is still sufficient cocoa available on the market, despite political turmoil in the Ivory Coast situation, the International Cocoa Organization (ICCO) said yesterday, although there are concerns over cocoa damage over long storage periods.
Leading cocoa processor and exporter, Archer Daniels Midland (ADM), said it has suspended cocoa plant operations in the Ivory Coast and is shifting production elsewhere, due to heightened political tensions in the West African producer country.
As the market and industry weighs the impact of turmoil in Ivory Coast on cocoa supply and tightness in sugar trade continues, we talk to Rabobank analyst Keith Flury to see whether there will be any let up in commodity commotion in 2011.
Industrial chocolate supplier, Blommer Chocolate, said it is set to receive a record-breaking shipment of cocoa beans containing a large percentage of sustainably farmed and Rainforest Alliance certified cocoa, despite political turmoil in the region.
A novel cocoa cultivation method and a new approach to fermentation are resulting in cocoa beans with enhanced quality, claims industrial chocolate supplier, Barry Callebaut.
Lack of clarity on the implications for the cocoa industry of the financial penalities imposed by the EU on the Ivory Coast has prompted trade representatives in the bloc to seek additional information from the Commission.
With a larger crop and only modest growth in use, prices are expected to fall in 2011, according to Rabobank in its latest Agri Commodity market report. However further escalation of conflict in the Ivory Coast could send cocoa prices higher.
Rabobank has warned that cocoa prices will respond if there is a return to civil war in the Ivory Coast as this could impede cocoa exports onto the world market.
Participation in ADM’s cocoa growing certification programme - Serap - has tripled since its implementation and it has provided almost 49,000 metric tonnes of sustainable cocoa in the period, said the cocoa processor as it conducts a review of the programme...
Caobisco has announced its support for Environmental Justice Foundation’s (EJF’s) call for a global ban on Endosulfan, an insecticide that EJF claims is “highly toxic”.
A breakthrough in cocoa genetics by a collaboration involving Mars, USDA and IBM will accelerate research into the production of trees that can better resist drought, disease and pests, and has met with an enthusiastic welcome from leading cocoa scientists...
Recent cocoa bean price volatility is due in large part to hedge funds attracted by quick returns taking short-term positions on the commodity, according to a leading analyst.
The reported purchase of 240,100 tonnes of cocoa on the London futures market by a sole trader will not impact hugely on supply to industry, as cocoa processors have already shored up bean stocks for the next four months, claims the International Cocoa...
North American cocoa bean grind in the second quarter of 2010 again showed double digit gains from the same quarter a year ago, according to data from the US National Confectioners Association (NCA).
Observer status for non-governmental organisations (NGOs) on a new cocoa industry consultative board is proving a sticking point at the UN Cocoa Conference in Geneva this week, which aims to finalise the details of a new deal related to trade in the commodity.
Short-term cocoa consumption can significantly lower blood cholesterol, but only in modest quantities and only in those with risk factors for heart diseases, according to a meta-analysis of randomised controlled trials by Chinese researchers.
European cocoa grindings in the first quarter of 2010 rose 8.1 per cent on the year, the biggest first-quarter gain in four years, according to data from the European Cocoa Association (ECA) but an industry insider claims a double-digit hike would have...
A new cocoa buying station in Vietnam will support an ongoing programme of cocoa farming expertise transfer and shows the high expectations Cargill has for cocoa development in the country, said the industry chocolate supplier.
Ambitious growth targets are fuelling leading chocolate supplier Barry Callebaut’s strategy to source cocoa from regions other than West Africa, with Malaysia the focus of the first stage of its cocoa production expansion plan.
Cocoa futures in New York hit their lowest price since September yesterday on signs of increased production in Ivory Coast, which is the leading global supplier.
A Cargill cocoa butter and powder plant in Ghana has obtained recognition by an international food audit group AIB International, which the ingredients giant claims is a validation that the facility is operating to the highest standards.
An initiative to improve the agricultural, environmental and social aspects of sourcing cocoa from West Africa achieved has achieved a milestone, as the first beans have arrived in Europe for processing.
Broadening its portfolio of origin sources for cocoa formulations, private label player Natra will buy 50 tonnes of cocoa from Colombian co-operatives that have switched from cocaine to cocoa cultivation.
Mars has pledged that its entire cocoa supply will be certified as sustainably produced by 2020, through a multi-year, multi-country deal forged with the Rainforest Alliance.
Cadbury said it may have to further raise its prices for 2010 as the cost of cocoa has remained stubbornly high, economic conditions are turbulent and markets competitive.
Chocolate makers are set to absorb yet more price rises for their key ingredient cocoa after prices crashed through the £2,000 (€2133) a tonne barrier last week.
Troubles for West African cocoa supplies look set to continue following reports that the harmattan, a harsh, crop-damaging wind, has begun to sweep in from the Sahara.
Cocoa prices have proved resilient in the economic downturn, even as other commodity prices have slumped, and confectionery manufacturers are concerned that tight supply will keep prices high for some time yet.
Swiss-based cocoa and chocolate manufacturer Barry Callebaut has weathered wild volatility on world cocoa markets, reporting a 66.5 per cent rise in its full-year net profits.
Efforts this month under the sustainability mantle by leading pod-to-pallet cocoa player Barry Callebaut include a 250,000 tree-planting project in Tanzania, and a tripling of grindings in Ivory Coast.
Costs for cocoa have fallen from a peak of $3000 per tonne in July, to $2551.33 on Monday, but reports of the damaging black pod disease in Ivory Coast could drive prices upwards, compounded by political uncertainty that may see chocolate buyers eager...
Cocobod, the cocoa regulator for Ghana, has raised the fixed price it pays to farmers, a move that may not directly impact cocoa processors and buyers but could ultimately result in upward pressure on prices.
