Inside Coffee & Cocoa International, July 2015...
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- Climate change study is a wake-up call for industry.
- Colombian production growing again as prices weaken.
- EFSA caffeine study being misinterpreted by the media.
- ICO plans strategic review at behest of EU, US and Switzerland.
|Click on the links below to view the latest news stories||Last updated Monday, July 13, 2015|
The Coffee & Cocoa International web site will next be updated with news in the week beginning Monday 3 August.
|LOWER EXPORTS LEND SUPPORT TO ROBUSTA PRICES|
The International Coffee Organization says the coffee market rallied slightly in June, led in most part by a recovery in Robusta prices.
|NESPRESSO MAKES PROGRESS WITH 'POSITIVE CUP' INITIATIVE|
The CEO of Nestlé Nespresso says significant progress has been made towards improving the lives of thousands of coffee farmers in countries ranging from South Sudan to Colombia.
|REPORT HIGHLIGHTS ISSUES FACING AFRICAN PORTS|
portoverview.com have analysed African port incidents and trends, new developments and carrier shipping performance statistics on the main African trades with Asia and Europe.
|WORLD BANK SUPPORTS AGRICULTURE REFORMS IN VIETNAM|
The World Bank's Board of Executive Directors has approved USD315 million in two credits for Vietnam to support the government's agriculture restructuring plan and education.
|SUCDEN APPOINTS SENIOR COCOA BROKER|
Sucden Financial has appointed Michael Donovan as a Senior Cocoa Broker in order to boost its cocoa business in London.
|SWISS COFFEE ORGANISATIONS COME TOGETHER|
The most important coffee market organisations in Switzerland have merged into a 'Community of Interest' (CIC).
|ICO ISSUES STATEMENT ON US CONSUMPTION CLAIMS|
The ICO has warned against a theory circulated in a number of recent news articles attributing a slight decrease in coffee consumption in the US to the growth in single-serve coffee machines.
|CONFERENCE ON COCOA MARKET OUTLOOK SET FOR SEPTEMBER|
The ICCO has announced a one-day conference looking in depth at the cocoa market situation and prospects for the future, to take place 22 September 2015 in London.
|FERRERO TO ACQUIRE THORNTONS|
Ferrero in Italy is to acquire British chocolate company Thorntons for GBP112 million (USD177 million).
|PROS AND CONS OF CERTIFICATION WEIGHED IN NEW REPORT|
A new report, commissioned by the Technical Centre for Agricultural and Rural Cooperation, examines the potential benefits – and some of the drawbacks – associated with certification.
|LAVAZZA TO ACQUIRE MERRILD BRAND|
Lavazza has reached agreement to acquire Danish coffee brand Merrild from DE Master Blenders to comply with conditions for its merger with Mondelez's coffee business.
|EU BOOST FOR COFFEE LEAF RUST PROJECT|
The European Commission has announced around EUR230 million to support efforts towards sustainable development in Latin America and the Caribbean.
|EU APPROVES OLAM'S ACQUISITION OF ADM COCOA BUSINESS|
The European Commission has given its reasons for approving the acquisition of ADM's cocoa business by Olam International.
|STUDY FINDS NEW POTENTIAL HEALTH BENEFITS FOR CAFFEINE|
Researchers have found that caffeine can help manage stress and, potentially, prevent conditions such as depression and memory loss.
|ANTOINE DE SAINT-AFFRIQUE TO BECOME CEO OF BARRY CALLEBAUT|
The Board of Directors of Barry Callebaut has appointed Antoine de Saint-Affrique as the company's next CEO. Effective 1 October 2015 he will take over from Juergen Steinemann.
|ICO PLANS 'STRATEGIC REVIEW'|
ICO is planning to "sharpen the strategic focus and relevance" of the organization by commissioning a strategic review to be led by an external consultant.
|IPANEMA COFFEES TURNS TO PENAGOS|
Ipanema Coffees, one of best known coffee companies in Brazil, recently decided to upgrade its processing equipment, and turned to Penagos in Colombia to help it do so.
|FRANCE PLANS TAX ON CAFFEINATED DRINKS|
The European Coffee Federation says it has received questions from some of its members about a levy which has been introduced in France on caffeinated drinks.
|CFC SAYS CONGOLESE COFFEE "MAKING A COMEBACK"|
The Common Fund for Commodities says coffee growing in the Democratic Republic of Congo is making a comeback after years of strife in the country.
|EFSA PROVIDES ESTIMATES OF SAFE CAFFEINE INTAKE|
Late May 2015 saw the European Food Safety Agency publish its much anticipated scientific opinion on the safety of caffeine.
|4C COMPLIANT COFFEE REACHES 10 MILLION BAG LEVEL|
May 2015 saw the 4C Association report that in 2014 its global roaster and retail members received nearly 10 million bags of 4C compliant coffee.
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