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... cargill’s drive to secure a good quality and sustainable supply of cocoa beans is filtering down to famers in cote d'ivoire as it has just made premium payments totalling more than us $2 ... the cash boost is the second of its annual sustainable certified cocoa premiums that are being made to 26,500 farmers across 21 cooperatives in cote d'ivoire ... it was made for the delivery of 20,000 tonnes of utz certified and rainforest alliance cocoa between october 2010 and may 2011 ... 2m figure was not the amount paid for the cocoa, which was not divulged, but an additional amount on top of that – more than 50 per cent of which goes directly to farmers ... harold poelma, managing director cocoa, cargill cocoa & chocolate, said: “the premiums are a clear indication that farmers are adopting more sustainable practices and that the availability of sustainable beans, and cocoa products, for our customers continues to grow ... “these premiums recognise the hard work undertaken by farmers and prove our commitment to sustainable cocoa production and improving incomes for farmers ... ” he added that cargill would continue to work closely with the farmer in order to reach its target of 100,000 tonnes of certified sustainable cocoa beans from cote d'ivoire by 2015 ... as the consumer movement for sustainable and fair trade-type products gains momentum, chocolate and cocoa suppliers are increasingly called on by customers for clarity in the supply chain
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... there will be no dramatic drop in cocoa prices in the coming months as forecast by numerous speculators hoping to cash in on a downward trend, reports a cocoa market specialist ... july saw a moderate drop in cocoa prices with the liffe cocoa futures declining by about 7 per cent ... in its monthly review of where the commodities market is at, the analyst also cites official data showing a hike of 22 per cent in cocoa bean arrivals to the ivorian ports ... furthermore, continued redruello, prices lowered based on some forecasters already predicting a record cocoa harvest in the ivory coast for the 2011/12 cocoa production season
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... kraft foods is encouraging the indian government to develop a comprehensive cocoa production development policy, claiming domestic supplies are too poor and scant to fuel its growing needs ... atul bhatia, executive director for research and innovation at cadbury’s indian subsidiary, stressed in an interview with just-food that while cocoa is an essential part of his company’s business, imports are often essential ... production is not widespread - cocoa is not a native crop - and existing processing generally involves rudimentary farm-based manual labour ... “we are very keen that we, along with the government institute a research programme in cocoa cultivation to innovate the farmyard processes and get better yields and quality,” bhatia said ... he said cadbury india was already supporting research projects in association with local universities for improving cocoa cultivation in the southern indian state of kerala, where the crop is grown alongside coconuts ... speaking on the sidelines of a food r&d conference in new delhi organised by the indian government and industry federation ficci, bhatia added research could also be valuable in improving indian cereal production, notably wheat
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... questions have been raised about the quality of the cocoa crop in the ivory coast following heavy rainfall in the region ... quality is top concern reuters reported on monday that cocoa production volumes were higher than last year at more than 1 ... ” the ivory coast, which supplies about 40 per cent of world cocoa, has seen turmoil recently when a political crisis there led to a four-month ban on cocoa exports
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... barry callebaut, in a bid to meet its strategic need to diversify its cocoa origin and boost the viability of cocoa production in malaysia, has announced a new research programme ... the zurich headquartered industrial chocolate supplier said the new project, covering a total area of 10ha of an existing cocoa plantation, will include trials of agricultural techniques including new pruning and grafting methods, the use of organic fertilizers, organic cultivation approaches and agro-forestry principles ... a further area of focus will be improved post-harvest cocoa treatment techniques to improve the malaysian cocoa bean quality in order to achieve ‘zero-defect’ status, said callebaut ... com that this current research initiative is stemming from its ongoing collaborative work with the malaysian cocoa board ... last march saw the swiss group teaming up with the board in a project that involves callebaut helping the country’s cocoa growers optimise their fermentation methods using microbial starter cultures, while utilising the board’s research facilities ... the swiss group bought a 60 per cent stake in that planter’s cocoa and chocolate manufacturing unit – klk cocoa - back in 2008 in order to expand its global cocoa processing capacities
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... a novel cocoa cultivation method and a new approach to fermentation are resulting in cocoa beans with enhanced quality, claims industrial chocolate supplier, barry callebaut ... the belgian group said investment in research and years of ‘trial and error’ has paid off with a fermentation method developed in collaboration with cocoa bean growers that produces a new chocolate range – terra cacao – that has “virtually zero defects or off flavours ... 5 per cent cocoa mass ... the company said the method also ensures more sustainable production, as the improved bean quality enables local farmers to “earn better incomes and thus a better livelihood for themselves and their communities ... ” both industry and research institutes are involved in ongoing work aimed at ensuring better quality cocoa crops ... this publication recently reported on a university of reading project that aims to ensure the sustainability of future cocoa production through suggesting ways cocoa breeders can produce varieties more adapted to climate change ... he said that the five year project, which is funded by cocoa research uk, intends to confront directly the problems impacting the cocoa crop as well as quantifying the impact of climate change on west africa
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... europe’s confectioners and biscuit makers admitted that a temporary ban of cocoa shipments from the region, the world’s largest cocoa exporter, has created “a very testing time” for the industry ... here we take a closer look at the cote d’ivoire cocoa market and its importance globally ... * côte d’ivoire, also known as the ivory coast, is the world’s largest producer of cocoa, with more than 800,000 small-scale farmers ... * west africa, collectively supplies around 72% of the world’s cocoa crop, but it is côte d’ivoire that leads production at around 1 ... côte d’ivoire overtook ghana as the world’s leading producer of cocoa beans in 1978 ... * the country is a major source of cocoa for major chocolate producers such as cadbury, hershey, and nestle, who buy ivorian cocoa futures and options through euronext whereby world prices are set ... * in terms of cocoa exports, cote d’ivoire accounts for the largest share in west africa with an estimated 37 ... 3%), according to ibsworld industry report - global cocoa, chocolate and sugar confectionery manufacturing ... * cocoa is a pillar of the cote d’ivoire economy, representing 15% of gdp and 35% of côte its export income - worth around us$1 ... around 1m cocoa farmers each produce an average of 1,300kg on 3ha of land and cocoa provides a livelihood for around 6m people, nearly a quarter of the population of 21m ... * côte d’ivoire’s crop levels have a huge influence on world cocoa prices - concerns about disruption to cocoa production and export during the civil war caused new york prices to soar to a 16-year high of $2,335/tonne in october 2002 ... * between 2005 and 2009, cocoa production averaged 1 ... * under pressure from the world bank and imf, côte d’ivoire liberalised its cocoa sector in 1999 ... * these agencies are funded by cocoa taxes but have come under criticism for a lack of transparency and overlap within their functions and failure to improve incomes for farmers, according to the fairtrade foundation
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... a new minimum price for fairtrade organic cocoa, which comes into force early next year, will act as an income safety net for growers amid ongoing price volatility in the sector, according to the organization behind the standard ... as of 1 january 2011, certified farmers are assured a minimum price of us$2300/metric tonne for their organic cocoa sold on fairtrade terms, or the market price if higher, said the fairtrade labelling organizations international (flo) ... and organic cocoa growers will earn an additional us$200 in fairtrade premium to invest in business and community projects for every metric tonne (mt) of cocoa they sell, up from us$150/mt, added the flo ... “the fairtrade standards require that buyers pay cocoa farmers’ organizations at least the current market price ... in the current cocoa market the market price is relatively high ... with such a system in place, farmers are thus protected to earn at least a certain income off their cocoa crops, maintains the flo, adding that the fairtrade minimum price is higher for organic than non-organic cocoa to take into account higher production costs for organic production ... in october, the flo announced that it was raising the minimum price for conventional fairtrade cocoa to us$2000/mt at fob level, also effective from the start of the new year ... there are currently fairtrade cocoa producer organizations that are organic certified in the caribbean, central and south america including the dominican republic, belize, honduras, colombia, peru, ecuador and bolivia ... and the flo told this publication that fairtrade has been an important tool for cocoa farmers in latin america to convert to organic production ... “most cocoa producer organizations in latin america are now certified organic ... ” there are also two fairtrade and organic certified cocoa organizations in the ivory coast but in their case, said the flo, they had organic certification first and then sought the fairtrade backing
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... child and forced labour is a feature of cocoa production in west africa ... politicians know it, ngos and aid agencies certainly know it and the companies which buy the cocoa and bring it to market know it ... the publication of the two reports coincides with a significant moment in the concerted drive to eradicate child and forced labour in the west african cocoa supply chain leading on from the 2001 harkin-engel protocol ... peter mcallister, executive director of the international cocoa initiative (ici), a multi-stakeholder collaboration set up following the launch of the protocol, sees the new framework as a “very significant” development in the battle against child and forced labour ... “hershey doesn’t have a footprint in the west african cocoa industry in the same way as cadbury and mars do ... they source all their cocoa through intermediate processors ... i think that’s an unfair criticism because none of these brands can tell you where their cocoa directly came from ... “hershey has a lot of power to influence cargill and adm’s buying practices and to increase the supply of sustainable cocoa globally if they demand that ... i think that also hershey has a lot of strategic power in the global market that they can leverage to support worker rights in cocoa but unfortunately they have not done so
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... "i foresee a very bright future for the cocoa sub-sector in cameroon given people's renewed interest, increasing support from the government and high prices on the world market," sodecao general manager jerome mvondo told a press conference ... "and with biofabrica, l believe we can raise production to about 400,000-500,000 tonnes by 2015 ... an official with brazil's executive commission for cocoa, ceplac, told cameroon state radio over the weekend the variety takes two to three years to start producing, yields 1-2 tonnes per hectare, and is disease resistant ... cameroon is also increasing its use of locally-developed genetically modified cocoa strands, mvondo said ... 2 producers, ivory coast and ghana, have also said they are hoping to raise cocoa production in the coming years ... the west coast of africa accounts for about two-thirds of world cocoa production, and disappointing output last year helped drive world cocoa prices to 30-year highs
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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