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Olam Q2 results impacted by continued down cycle in coffee

SINGAPORE – Olam has released financial results for 2Q an 1H 2018. Co-Founder & Group CEO, Sunny Verghese said: “While...

Coffee and sugar prices will remain low, according to ABN AMRO.

Coffee and sugar prices will remain low, says ABN AMRO in its latest monthly report. Price levels are expected to remain l...

Chocolate could get more expensive due to unrest in Cote d’Ivoire

ABIDJAN, Cote d’Ivoire – The price of cocoa extended its biggest weekly rise in five years as a revolt unravels in Cote d’Ivoire, which produces almost half of the world’s cocoa beans. The African country’s army has failed to reach a deal with mutinous soldiers who are demanding delayed bonus payments.

Rabobank sees Brazilian output at 51.8 million bags

LONDON – Brazil, the world’s largest coffee producer and exporter, will harvest a crop of 51.8 million bags in 2016/17, up 2.6 million bags year-on-year, but partly below market expectations, Rabobank said on Wednesday...

Louis Dreyfus Company announces 3rd Sustainability-linked revolving credit facility

ROTTERDAM, The Netherlands – Louis Dreyfus Company B.V. (LDC) today announced the renewal of its two US$400 million revolv...

Innovation Mapping for Food Security wins Olam Prize for Innovation

MILAN – A unique mapping approach that will give smallholder farmers a ‘best fit’ for what to grow, where and how, has bee...

New deZaan cocoa powder from Olam Cocoa is finalist for FI Asia Innovation Zone

LONDON, U.K. - A new cocoa powder is about to be launched after months of development in Olam’s Cocoa Innovation Centr...

Commodities decline on increased crop expectations for coffee and grains

MILAN – Commodities declined as favorable weather conditions supported the growing and harvesting stages of grains and sof...

India, Vietnam lift import bans on coffee, pepper and other agro-products

HANOI, Vietnam – The back-to-back bans have prevented Indian roasters from securing coffee beans while pepper prices in Vietnam have dropped to multi-year lows. India and Vietnam have removed bans issued earlier this month on imports of several key agricultural commodities, including coffee and pepper, the Vietnamese government ...

Report shows continuous drops of arabica and robusta prices in Brazil

SÃO PAULO, Brazil – The year of 2017 was characterized by the significant and continuous drops of arabica and robusta coff...