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cocoa

Institutions

Report from the World Bank sees balanced Arabica market, Robusta deficit

Desk3 - May 3, 2017

MILAN – Coffee, tea and cocoa prices could fall by more than six per cent this year due to greater supply, according to the latest Commodity Markets Outlook from the World Bank. Agricultural raw materials production is expected to rise by four per cent. The report is also forecasting higher prices for industrial commodities, principally energy ...

Cocoa

Brexit: UK and EU coffee companies face “more costly” trade, warns study

Desk3 - March 30, 2017

LONDON – Food companies on both sides of the English Channel are set to feel the brunt of "more costly" trade once the UK leaves the EU, even if a "customs union" is negotiated, according to a new report. Research from the Netherlands-based financial services company Rabobank - released yesterday (29 March) as UK Prime Minister ...

Market & Trade

Update to a report of damage at an ICE licensed cocoa warehouse

Desk3 - March 30, 2017

NEW YORK, U.S. – On March 20, 2017, ICE Futures U.S. issued a notice that the licensed cocoa warehouse operated by Camden International Commodities, at 2nd and Clinton Street (BLDG H) in Camden, NJ, in the Port of Delaware River, had sustained damage to a skylight caused by heavy snow.

Cocoa

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

Desk3 - March 29, 2017

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

Desk3 - March 22, 2017

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

Desk3 - March 20, 2017

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.

Climate

Cocoa industry announces cooperative initiative to end deforestation

Desk3 - March 17, 2017

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

Desk3 - March 17, 2017

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

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

Desk3 - March 13, 2017

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

Desk3 - March 7, 2017

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 ...

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cocoa

Latest news

Brazil coffee exports reached a record volume of 4.2 million bags in April, reports Cecafé

Melitta Group acquires majority stake in South African roaster Caturra

IFC, Absa to provide a US$60 million finance facility to Volcafe to support thousands of coffee farmers in East Africa

Venditalia opens tomorrow at Fieramilano Rho

Lavazza chooses Generix WMS to digitize 4 warehouses in France

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Brazil coffee exports reached a record volume of 4.2 million bags in April, reports Cecafé

Melitta Group acquires majority stake in South African roaster Caturra