Inside Coffee & Cocoa International, March 2014...
- Replanting key to enhancing productivity
- Organic trader offers bespoke cocoa processing
- Liffe to enforce delivery time limits for cocoa and Robusta
- Brazilian drought sees abrupt end to bear market
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|Click on the links below to view the latest news stories||Last updated Tuesday, April 22, 2014|
|CARGILL STRENGTHENS CARE PROGRAMME IN COTE D'IVOIRE|
Cargill has strengthened its programme with CARE in Côte d’Ivoire and launched a US$2.4 million partnership with the Conseil du Café-Cacao.
|ADM CONFIRMS DECISION TO SELL CHOCOLATE BUSINESS|
Archer Daniels Midland has confirmed that it is planning to sell its chocolate business and its South American fertilizer business.
|COCOA INGREDIENT COULD HAVE POTENTIAL HEALTH BENEFITS|
A specific antioxidant in cocoa can "dramatically" increase the body's ability to fight many modern-day ailments such as obesity, Type 2 diabetes, and heart disease.
|YIELDS COULD INCREASE USING ENHANCED POLLINATION|
Yields on coffee farms could be increased and crops protected from pests and diseases by combining pollination and crop protection say scientists.
|DECAF COMPANIES SEEKING NEW MARKETS|
With demand for decaffeinated coffee static in most developed markets, companies that specialize in producing decaf are looking at developing markets.
|COFFEE PRICES SURGE AGAIN ON DROUGHT FEARS|
Coffee futures surged again in the week ending 11 April as fears about the effect of the drought in Minas Gerais in Brazil resurfaced.
|HACKETT PREDICTS VERY HIGH PRICES FOR COFFEE|
Shawn Hackett, President of Hackett Financial Advisors in Florida, says he believes the C price could be about to start a meteoric ascent.
|ARABICA AREA IN CENTRAL AMERICA DECLINING|
The area suitable for growing Arabica coffee in Central America is shrinking as temperatures rise and rainfall patterns change, leaving smallholder coffee producers vulnerable.
|CUP OF EXCELLENCE RETURNS USD 40 MILLION IN PROCEEDS|
Cup of Excellence auction proceeds passed the US$40 million mark at the 90th CoE auction, the Brazil Late Harvest 2014.
|MACQUARIE ANTICIPATES CONTINUED HIGH PRICES FOR COCOA|
Cocoa prices have been steadily rising since the beginning of the season, but how long can this continue, asked Macquarie Research in a recent report?
|GEA MESSO PT REDUCES COST OF INSTANT COFFEE |
New generation of IceCon freeze concentrators reduces capital costs by around 50 per cent and operational costs up to 40 per cent, the company claims.
|PRICES COULD RISE AGAIN AS HARVEST GETS UNDER WAY|
Early Brazilian coffee harvest reports show that beans are under weight and malformed due to the drought in the country.
|WCF AND TOMS FOUNDATION TO HOST COCOA MEETING|
The World Cocoa Foundation (WCF) and Denmark's Toms Foundation are joining forces to convene a meeting in Copenhagen later this year.
|FAIRTRADE COCOA FARMERS WELCOME FERRERO COMMITMENT|
Fairtrade International has announced that it is to collaborate with chocolate manufacturer Ferrero.
|KEURIG GREEN MOUNTAIN AND STARBUCKS AMEND AGREEMENT|
The updated agreement continues to expand Starbucks' range of K-Cup pack offerings and promotes expanded consumer choice as Keurig continues to build its Keurig brewing system.
|COFFEE COULD REBOUND TO USD3/LB SAYS HACKETT|
Shawn Hackett, President of Hackett Financial Advisors in Florida, says he believes that although coffee prices are "due for a rest" the upside in the market "remains enormous".
|NCA APPOINTS NEW PRESIDENT AND CEO|
The National Coffee Association in the US has announced that William M (Bill) Murray will join the association as President and Chief Executive Officer, effective 1 June 2014.
|GMCR CHANGES ITS NAME TO KEURIG GREEN MOUNTAIN|
Green Mountain Coffee Roasters has changed its name to Keurig Green Mountain. Shareholders approved the new name at the company's annual shareholder meeting.
|C PRICE EXCEEDS USD2.00 – COULD RISE TO USD2.25|
New York Arabica passed the USD2.00/lb mark for the first time since March 2012 in the first week of March 2014 before slipping back.
|DELTA TECHNOLOGY ENHANCES TCS SERIES|
Delta Technology has further improved its TCS series RGB tricolour sorter with the addition of higher luminosity LED lighting and other new features.
|CGIAR CONSORTIUM WELCOMES NEW BOARD MEMBERS|
The board of the CGIAR Consortium, which provides policy direction and leadership to the consortium, has made changes in its Board of Trustees.
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