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Ferrero International to acquire U.S. company Fannie May Confections

LUXEMBOURG — Ferrero International has entered into an agreement to acquire Fannie May Confections from 1-800-Flowers.com, Inc., Carle Place, N.Y. The company has one manufacturing plant, two distribution centers and employs 750. Once the transaction is complete, Ferrero said Fannie May will operate as a standalone entity and brand ...

The Mocha Frappe Index shows wobbly prospects for soft commodities

SINGAPORE – The Mocha Frappe Index, made up of prices of what goes into your everyday mocha frappe — cocoa, sugar and coffee, does not look rosy. New York May cocoa futures, which traded above US$3,000 (S$4,205) per tonne in August last year, skimmed the low of US$1,869 early this month.

CME Group announces the launch of Cocoa Options on CME Europe

CME Group, the world's leading and most diverse derivatives marketplace, has announced the launch of options on its Physic...

ICCO releases its first crop forecasts for the 2016/2017 cocoa year

LONDON, UK – The International Cocoa Organization today releases its first forecasts for the 2016/2017 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for 2015/2016, as summarized below. The data published in Issue No. 1 - Volume XLIII - Cocoa year 2016/2017 of the Quarterly Bulletin ...

COOPERATION – IFC and Cargill to invest U.S. $2.5 million to expand business skills program for cocoa farmer cooperative...

LONDON, UK – The International Finance Corporation (IFC) and Cargill are investing U.S. $2.5 million to strengthen and exp...

Ritter Sport joins World Cocoa Foundation

WCF is pleased to welcome Waldenbuch, Germany-based chocolate maker Alfred Ritter GmbH & Co. as our newest member. ...

Barry Callebaut Group reports increased sales volume by 6.3% in FY 2017/18

ZURICH, Switzerland — In fiscal year 2017/18 (ended August 31, 2018) the Barry Callebaut Group – the world’s leading manuf...

Chocolate is a gift of love

ACCRA, Ghana - Ghanaian Minister of Tourism Mrs Elizabeth Ofosu-Adjare (in the picture) has encouraged the consumption of ...

Minister of Tourism urges Ghanaians to cherish chocolate and cocoa

ACCRA, Ghana – Mrs Catherine Abelema Afeku, Ghana’s Minister of Tourism, Arts and Culture, has called on the public to che...

Barry Callebaut celebrates grand opening of its first chocolate factory in Indonesia

The Barry Callebaut Group, the world’s leading manufacturer of high quality chocolate and cocoa products, today celebrated...