Rising cocoa prices are shadowing big food’s financial outlook on 2025, despite most of the majors posting strong 2024 results this month. Mondelēz International earlier showcased a good set of ...
Cocoa (Theobroma cacao L.) is a vital cash-crop for four to six million small-holder farmers across the tropics, and supports a global chocolate industry valued at over USD 100 billion annually.
Cocoa dropped in New York, heading for a weekly decline, amid concerns about weaker demand in the wake of record prices. Futures slipped as much as 10% to hit the lowest since early December.
Compound chocolate, however, is made from cocoa powder mixed with a substitute fat. Fuji Oil, a large supplier to the industry, this month reported a drop in sales of industrial chocolate ...
The Minister for Food and Agriculture, Eric Opoku, has announced that the government will offer cocoa farmers 70% of the world market price for their produce, exceeding the initially proposed 60%.
Crushing diseases that purged cocoa crops in West Africa, combined with a difficult growing season -- similar to the weather woes that spurred a spike in coffee prices-- have driven up cocoa ...
Nigeria’s cocoa industry has received a significant boost with a $40.5m investment from British International Investment, the UK’s development finance institution, in partnership with ...
Poppi and Olipop, watch out: Coca-Cola is entering the “better for you” soda category with a response of its own. This month, the beverage behemoth is rolling out Simply Pop, a prebiotic ...
Consumers with a sweet tooth will pay more for one of the most popular Valentine's Day treats this year. Cocoa prices skyrocketed, compared with a year ago, due to crop conditions coupled with ...
When James Quincey became CEO of Coca-Cola in 2017, soda had broadly been in decline over its health effects. The beverage giant was embarking on an effort to diversify its reach beyond the sugary ...
Coca-Cola's stock rose 12% in February chiefly thanks to a strong earnings report. The company also raised its dividend for the 63rd straight year, pleasing income-seeking investors. The company ...
Prebiotic sodas are all the rage, and the Coca-Cola company is finally getting in on the action. On Tuesday, Coca-Cola announced that it's expanding its beverage lineup with its all-new Simply Pop ...