Chocolate companies should rethink cocoa sustainability programs to reverse low adoption rates for training and technology, says The Scientific Committee of the International Symposium on Cocoa Research.
Commissioner Michel Barnier and his US counterpart have reaffirmed their commitment to better regulation and transparency of commodity markets, and support of the IOSCO Task Force on Commodity Futures Markets.
Some regulation of commodities futures markets could be beneficial – but should stop short of tight limits or an outright ban, the Food and Agriculture Organization (FAO) has said in a new policy brief.
The wheat futures market, used by wheat farmers and processors to manage price risk, could lose its relevance unless efforts are made by the Chicago Board of Trade to bridge the wide gap between futures and cash prices, finds a new study.
Lower futures prices for wheat herald a shaving of input costs for bakers and millers, with the collapse of Lehman Brothers and the near-bankcruptcy of global insurer AIG arguably hitting agricultural quotations downwards.
A leading US dairy cooperative has denied any wrongdoing over
allegations that it may be involved in price fixing for some of its
products, as yet another country finds its dairy markets under
The International Cocoa Organisation (ICCO) monthly review of the
cocoa market suggests that a decline of the monthly average ICCO
daily price in April compared to the previous month could be
misleading as far as futures markets are...
The burgeoning use of cereals and other commodities to satisfy
appetite for biofuels could keep food prices high for the next
decade, says the FAO, impacting developing countries, the urban
poor, and farmers' livelihoods.
Global chocolate supplier Barry Callebaut said that recent
acquisitions had boosted its six month figures, with net profit
showing double-digit growth. But low cocoa prices affected
activities at the processing arm of the company.