Cocoa

The company also said it is also battling a volatile environment in its European market. Pic: Mondelēz International

Financial results

Mondelēz to up Cocoa Life investment on back of strong Q3 results

By Anthony Myers

Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...

Peter Boone, CEO of the Barry Callebaut Group, at the launch last month of its '2nd Generation Chocolate' innovation. Pic: Barry Callebaut

Financial results

Drop in profits at Barry Callebaut after factory shutdown earlier in year

By Anthony Myers

Barry Callebaut caught the market by surprise by rescheduling its Full-Year Results 2021-22 analysts and media call to Tuesday instead of today (Wednesday 2 November) after the figures were published early due to an ‘unforeseen event’. The world’s largest...

ofi claims it can can now track cocoa at every stage of its journey from the farm or community. Pic: ofi

Sustainability

Ofi’s Cocoa Compass wins sustainable supply chain award

By Anthony Myers

Cocoa supplier olam food ingredients (ofi), has won the Sustainable Supply Chain of the Year Award at the 2022 Global Good Awards, which recognise businesses, NGOs, charities and social enterprises that are driving social and environmental change.

Cocoa and flower growers experienced the strongest rebounds in 2021, according to Fairtrade. Pic: Fairtrade

Sustainability

Fairtrade cocoa farmers see boost in earnings, according to new report

By Anthony Myers

Cocoa farmers, as well as workers in other commodities and crops, experienced a boost in Fairtrade Premium earnings thanks to a recovery in Fairtrade product sales throughout 2021, Fairtrade International’s latest annual report has revealed.

Pic: GettyImages

Economy

Sterling crisis will impact cocoa farmer incomes, Fairtrade warns

By Anthony Myers

After the pound hit a record low against the US dollar at the end of September, the Fairtrade Foundation is warning of the potential impact of the market volatility, both on farmers in low-income countries and the UK shoppers who buy the food they grow.

The trading community has encouraged the growth of cocoa production, the ECA Forum was told. Pic: CN

ECA Cocoa Forum 2022

Where’s the pay-off for price stability in cocoa?

By Anthony Myers

The ECA’s Cocoa Forum 2022 looked at the supply & demand functionality in the industry regarding the right package of policy actions in a fluctuating market.

This year’s Forum focused on traceability as a key enabler for sustainability in cocoa. Pic: CN

ECA Forum 2022

Cocoa and chocolate companies agree to share farmer data

By Anthony Myers

Cocoa and chocolate companies have announced greater cooperation and a willingness willing to share their cocoa farmer data with Ivorian and Ghanaian authorities to further traceability.

Cocoa farmers and their communities benefit from the promotion of sustainable beans. Pic: Barry Callebaut

Sustainability

Barry Callebaut increases Cocoa Horizons in Nigeria

By Anthony Myers

Barry Callebaut has announced it is extending its Cocoa Horizons programme in Nigeria, pledging to pay an additional amount of 26 million Naira ($40,841) in premiums for deliveries of sustainable cocoa beans in the 2021-2022 season.

Farmers cracking cocoa pods, Ghana. Pic: MIA

Op-ed

Reality check: What can we do about cocoa’s price?

By Brett Beach & Dr Kristy Leissle

In this exclusive op-ed for ConfectioneryNews by Brett Beach, Co-founder of sustainable chocolate brand Made in Africa (MIA), and Dr Kristy Leissle, a member of CN’s editorial board and the author of numerous books and articles on cocoa and industry politics,...

'Improvements in the taste of stevia have come a long way'. Pic: HOWTIAN

Sugar reduction special edition

How natural sweeteners became a gamechanger for confectionery

By Anthony Myers

Consumers are trying to reduce or avoid sugar, and the demand for low or no sugar alternatives is rising in 2022 for the growing health-conscious public, with research suggesting more than 60% of US consumers wish there were healthier chocolate options...

Luker Chocolates' new natural sweetener range. Pic: Luke Chocolate

‘Better-for-you’

Luker Chocolate launches new sweetener range

By Anthony Myers

Luker Chocolate, the family-owned, Colombian chocolate manufacturer, has developed a new range of covertures that includes erythritol & stevia, which it says is being driven by an increase in consumer and client demand.

Luker Chocolate's new caramel 'Sensación'. Pic: Luker Choclate

NPD

Luker Chocolate creates new caramel ‘Sensación’

By Anthony Myers

Colombian B4B chocolate manufacturer Luker Chocolate is hitting the caramel flavour with a new chocolate couverture, crafted at origin, using the company’s signature Cacao Fino de Aroma and incorporating its sustainability practices.

Cadmium is a problem for cocoa farmers mainly in Central and South America. Pic: Republica del Cacao

Special report

How to reduce cadmium in cocoa

By Anthony Myers

The result of a three-year study by a multi-disciplinary panel of four experts into the sources of lead and cadmium in cocoa and chocolate - and how levels may be reduced in the future - has been published by the National Confectioners Association (NCA)...

Cameroon has announced an increase in its cocoa output, Pic: tridge.com

Commodities

Cameroon records slight increase in annual cocoa production

By Anthony Myers

Compared to 292,471 tonnes of beans produced and marketed during the 2020-2021 season, Cameroon’s Office national du cacao et du Café (ONCC) said a total of 295,163 tonnes of beans were harvested in the 2021-2022 season.