Archives for September 12, 2011

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Gloomy maize forecast adds to pressure on cereal prices

By Michelle Knott

Upward pressure on cereal prices looks set to continue, following yesterday’s announcement that the US Department of Agriculture has downgraded its yield projections for maize. The 2011 crop is now forecast at 12.5bn bushels, which is 50m larger than the...

Surging supply projections do little to suppress cocoa prices

By Michelle Knott

Surging cocoa supplies did little to prevent front month prices for cocoa (cocoa futures) creeping up by 4 per cent throughout August, according to Euromonitor. “The big surprise has been that this rise has taken place on the back of strong supply...

ADM extends premium cocoa liquor range

By Ben Bouckley

ADM (Archer Daniels Midland) Cocoa has extended its Unicao range of cocoa liquors produced from Ivory Coast cocoa beans, for use in premium milk and dark chocolate products.

Arla close to sealing deal for Allgäuland

By Ben Bouckley

Arla Foods announced today that it was a "step closer" to acquiring German dairy firm Allgäuland-Käserien, after the last of the latter's constituent co-operatives voted in favour of joining the dairy giant.