Indonesia is the focus of an extension of Nestlé’s sustainable Cocoa Plan initiative, with the Swiss food group aiming to pump $4m (€2.7m) into bean production in that country.
Another milestone has been achieved in the UTZ certified sustainable cocoa programme, with the first-ever shipment of cocoa beans from Ghana that meets that standard’s economic, environmental and social criteria.
The world’s top cocoa producer Ivory Coast is set to resume exports of the commodity after Laurent Gbagbo was finally ousted, a move that will likely weigh on elevated prices, analysts said Wednesday.
Cargill is expanding its cocoa and chocolate business in Europe through the acquisition of the business of Schwartauer Werke GmbH & Co. KG Kakao Verarbeitung Berlin, (“KVB”), an integrated chocolate company based in Germany.
A group of scientists led by confectioner Mars, IBM and the US Department of Agriculture is released their research into the preliminary genome sequence for the cacao tree.
Barry Callebaut expects cocoa prices to gain further this year on supply concerns in top cocoa regions in West Africa and a recovery in global demand. The Swiss-based firm says prospects of weaker output from top grower Ivory Coast have shifted some of the company’s focus to Asia.
Just in time for Valentine’s Day, research out this week suggests eating chocolate may have a positive impact on stroke. Don’t go buying too many heart boxes just yet, though, say the study authors.