Sunday 19 May 2024
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CATEGORY

Cocoa

Cocoa

ICCO’s Report: cocoa futures prices continued their downward trend

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ABIDJAN, Côte d'Ivoire – The current review reports on cocoa price movements on the international markets during the month of February 2017. Chart I illustrates price movements on the London (ICE Futures Europe) and New York (ICE Futures U.S.) markets for the month under review.
Cocoa

Clarkson University study demonstrates coffee and cocoa improve focus

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POTSDAM, NY, U.S. – Coffee and chocolate are two widely beloved, delicious delicacies. Often thought to be unhealthy, these two flavor powerhouses may in fact have benefits to attention, motivation and energy. Researchers at Clarkson University and the University of Georgia recently completed a year long study about the effects of caffeine and ...
Cocoa

The Mocha Frappe Index shows wobbly prospects for soft commodities

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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.
Cocoa

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

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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 ...
Climate

Cocoa industry announces cooperative initiative to end deforestation

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LONDON, UK – Twelve of the world's leading cocoa and chocolate companies agreed to a statement of collective intent committing them to work together, in partnership with others, to end deforestation and forest degradation in the global cocoa supply chain, with an initial focus on Côte d'Ivoire and Ghana.
Cocoa

In the face of Colombia’s coca boom, coffee & cocoa farming offer a remedy

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WASHINGTON, U.S. – Colombia, still in a delicate phase of its history as it struggles to revive from five decades of war, is seeing a dramatic rise in coca cultivation. According to an analysis by the Washington Office on Latin America, this coca boom could be the largest ever.
Cocoa

Want your coffee and hot cocoa, too? This Italian drink combines them

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NEW YORK, U.S. – I suffer the occasional crisis triggered by an inability to make a decision...about hot drinks. This can happen anywhere, but ice-skating rinks and ski slopes are particularly likely scenes. It starts with my daily need for caffeine, specifically in the form of a steaming cup of black coffee.
Cocoa

Nigerian government, group move to give a boost to cocoa production

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ABUJA, Nigeria – The Federal Ministry of Agriculture and Rural Development is to join the Federation of Agriculture Commodity Association of Nigeria (FACAN) to raise cocoa production to 1.2 metric tonnes yearly. FACAN President, Dr Victor Iyama told The Nation that the Minister, Chief Audu Ogbeh, at a meeting with ...
Chocolate

Study shows cocoa helps temper the anxiety-producing effects of caffeine

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NEW YORK, U.S. – Deep down, we always knew it, but science is proving that cocoa and caffeine are indeed the best marriage ever. Clarkson University researcher Ali Boolani recently completed a study that explores the powers of these two dark delights. The assistant professor of physical therapy and physician assistant studies teamed up ...
Cocoa

German Minister launches initiatives for cocoa and coffee with Côte d’Ivoire

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BERLIN, Germany – Côte d’Ivoire is the world's largest cocoa producer. In addition, the government is investing massively in coffee cultivation. Cocoa is the...
Cocoa

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

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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 ...
Chocolate

Reviving cocoa farms in Puerto Rico, after centuries of destruction

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SAN JUAN, Puerto Rico – The dream of reviving Puerto Rico's chocolate tradition took root in Juan Carlos Vizcarrondo's mind years ago. He's always been obsessed with flowers and trees. As a boy, he planted so much greenery in his mother's backyard, there was hardly room to walk.
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