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.
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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