Cocoa

The International Cocoa Organisation (ICCO) has updated its estimates for global Cocoa production, grindings and stocks for the Cocoa years 2020/21 and 2021/22. The Cocoa balance sheet for the year 2021/22 has been revised several times. The supply side estimate decreased by 67,000 tonnes to 4.823 million tonnes, about 1% below the previous bulletin’s estimate …

ICCO PUBLISHES NEW COCOA STATISTICS FOR NOVEMBER 2022 Read More »

Côte d’Ivoire not yet concerned about dry spell Côte d’Ivoire, the current world leader in Cocoa production, has recently reported particularly dry weather conditions but is not yet too concerned about the impact on its production. According to Reuters, Cocoa farmers in the West African country have said that despite the dry weather last week, …

INCONSISTENT RAINFALL COMPLICATE CÔTE D’IVOIRE & NIGERIA COCOA PRODUCTION Read More »

While much of the world is currently struggling with rising costs of living and steeply increasing energy prices, it seems that chocolate is still one of the simple pleasures that consumers turn to during the holiday season. The German confectionery industry reports that it has produced about 5.6% more chocolate Santas for this year’s Christmas …

GERMANY’S CHOCOLATE SANTA EXPORTS SOAR AMIDST COST OF LIVING CRISIS Read More »

The Akwaduro community in Ghana’s Ahafo region has recently established a Junior High School (JHS) that focuses on educating local youth on climate issues, with funding from an agroforestry initiative. It was recognised that there was a need to involve the communities whose lives are most affected by climate change, i.e. those who depend directly …

INVESTING IN THE FUTURE: EDUCATING THE NEXT GENERATION ON CARING FOR CLIMATE Read More »

The world’s two largest Cocoa producers, Côte d’Ivoire and Ghana, have noted some progress in their ongoing efforts to secure fair payment for their Cocoa farmers. The West African countries recently announced that they will no longer sell their Cocoa to buyers at such low prices while their farmers struggle to earn a living wage. …

CÔTE D’IVOIRE, GHANA FORM WORKING GROUP AS PART OF COCOA MARKET PRICE NEGOTIATIONS Read More »

The two-day National Cacao Congress at the SMX Convention Centre in Davao City, Philippines, was held on 24-25 November and brought together 70 exhibitors and 1,800 participants to discuss innovations and challenges in the country’s cocoa industry. The theme of the event was “Cacao is Gold” and exhibitors from various backgrounds across the public and …

NATIONAL CACAO CONGRESS CONCLUDES IN PHILIPPINES Read More »