Cocoa prices are soaring. Candy makers will need to get creative.
WEBJun 16, 2024 · Prices of cocoa have more than tripled over the last year, creating a big headache for candy makers and other food companies that use the ingredient to make chocolate.
Climate change prompted these scientists to reinvent chocolate
WEBSep 12, 2024 · Climate change is driving more extreme weather events in the region where many cocoa beans are grown. A brother-sister team in Germany is working on a solution: making chocolate without cocoa...
Why Cocoa and Chocolate Prices are Rising - The New York Times
WEBMay 10, 2024. A failed crop, followed by a wave of financial speculation, put cocoa prices on a roller coaster this year, rattling an industry reliant on inexpensive crops and labor. This is not...
Cocoa Prices Settle Higher on Tighter ICE Cocoa Inventories
WEB4 days ago · On Monday, cocoa prices rose to a 3-week high on news of lower cocoa production in the Ivory Coast, the world's largest producer. Government data Monday showed that Ivory Coast farmers shipped 1. ...
Chocolate prices soar as climate change hurts cocoa production : …
WEBMay 15, 2024 · The majority of chocolate is made in just two countries and erratic weather from climate change is decreasing cocoa production. A handful of extreme weather events—from drought to heavy rainfall...
Cocoa Traders Say EU Deforestation Law Set to Fail - Bloomberg
WEB5 days ago · September 18, 2024 at 1:34 PM EDT. Save. Major cocoa traders, amid mounting criticism, have asked the European Union to delay a new environmental regulation aimed at tackling deforestation. The ...
Cocoa surpasses $10,000 a tonne as shortages squeeze ‘out of …
WEBMar 26, 2024 · The price of cocoa surged past $10,000 a tonne for the first time on Tuesday, as a dizzying rise in prices caused by poor harvests in Africa accelerates. Cocoa futures traded as high as $10,080...
News - International Cocoa Organization
WEB5 days ago · World Cocoa Conference 2024 Report Now Available. Abidjan, 07 August 2024 – The International Cocoa Organization (ICCO) is pleased to announce the publication of the report on the 5th edition of the World Cocoa Conference, held in Brussels from April 21st to April 24th, 2024. This landmark….
Exclusive: African cocoa plants run out of beans as global …
WEBLONDON/ACCRA, March 13 (Reuters) - Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, meaning...
Latest News Archives - International Cocoa Organization
WEB5 days ago · Latest News. August 2024 Quarterly Bulletin of Cocoa Statistics. Abidjan, 31 August 2024 – The International Cocoa Organization today releases its revised forecasts for the 2023/24 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for the 2022/23 cocoa year.
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