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... questions have been raised about the quality of the cocoa crop in the ivory coast following heavy rainfall in the region ... ” however, he pointed out that infrastructure in the region does lend itself to breaking down with heavy rainfall and said that the conditions would impact not only the current mid-crop but the coming main crop ... quality is top concern reuters reported on monday that cocoa production volumes were higher than last year at more than 1 ... ” the ivory coast, which supplies about 40 per cent of world cocoa, has seen turmoil recently when a political crisis there led to a four-month ban on cocoa exports
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... the delivery of cargill’s first utz certified beans from vietnam marks an important milestone for the company in its bid to establish the region as a new origin country for cocoa, said the ingredients giant ... three vietnamese cocoa plantations also recently received utz certification for sustainable cocoa following cargill’s farmer training and the audit process in january ... harold poelma managing director cocoa, cargill cocoa & chocolate told confectionerynews ... “cargill will continue to undertake research and provide training to cocoa farmers with respect to good agricultural practices,” he said ... the company founded the utz certified cocoa programme, along with dutch development organization solidaridad and others in the cocoa sector ... meeting increasing demand cargill said that these recent developments will help it produce 600 metric tonnes of certified sustainable cocoa beans in 2011 ... in total the company will produce 2,500 metric tonnes of cocoa this year, up from less than 20mt in 2004 when the project was initially set up ... poelma said that output from the new cocoa-producing country will help the company cater for the growing global demand for cocoa beans, which is growing at 2 to 3 per cent per year ... “if supply does not increase, there will be insufficient cocoa to meet this demand,” said the managing director ... “the vietnamese government recognises this too and has put a target of 100,000mt of cocoa to be produced each year by 2020,” he added ... over the past six years cargill has worked with the vietnamese and dutch governments and confectionery giant mars to develop the production of sustainable cocoa in the country ... poelma said that vietnamese farmers have proven to be hard working, willing to learn, and very productive , “so there is every indication that the country should be successful in capturing part of this cocoa opportunity”
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... a novel cocoa cultivation method and a new approach to fermentation are resulting in cocoa beans with enhanced quality, claims industrial chocolate supplier, barry callebaut ... the belgian group said investment in research and years of ‘trial and error’ has paid off with a fermentation method developed in collaboration with cocoa bean growers that produces a new chocolate range – terra cacao – that has “virtually zero defects or off flavours ... 5 per cent cocoa mass ... ” both industry and research institutes are involved in ongoing work aimed at ensuring better quality cocoa crops ... this publication recently reported on a university of reading project that aims to ensure the sustainability of future cocoa production through suggesting ways cocoa breeders can produce varieties more adapted to climate change ... paul hadley, professor of horticultural crop physiology at that university, said that the trigger for the research was not any one particular harvest of late but instead a growing awareness over the last 20 years of an obvious change in the climate in west africa, with increasingly drier conditions there ... he said that the five year project, which is funded by cocoa research uk, intends to confront directly the problems impacting the cocoa crop as well as quantifying the impact of climate change on west africa
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... europe’s confectioners and biscuit makers admitted that a temporary ban of cocoa shipments from the region, the world’s largest cocoa exporter, has created “a very testing time” for the industry ... here we take a closer look at the cote d’ivoire cocoa market and its importance globally ... * côte d’ivoire, also known as the ivory coast, is the world’s largest producer of cocoa, with more than 800,000 small-scale farmers ... * west africa, collectively supplies around 72% of the world’s cocoa crop, but it is côte d’ivoire that leads production at around 1 ... côte d’ivoire overtook ghana as the world’s leading producer of cocoa beans in 1978 ... * the country is a major source of cocoa for major chocolate producers such as cadbury, hershey, and nestle, who buy ivorian cocoa futures and options through euronext whereby world prices are set ... * in terms of cocoa exports, cote d’ivoire accounts for the largest share in west africa with an estimated 37 ... 3%), according to ibsworld industry report - global cocoa, chocolate and sugar confectionery manufacturing ... * cocoa is a pillar of the cote d’ivoire economy, representing 15% of gdp and 35% of côte its export income - worth around us$1 ... around 1m cocoa farmers each produce an average of 1,300kg on 3ha of land and cocoa provides a livelihood for around 6m people, nearly a quarter of the population of 21m ... * côte d’ivoire’s crop levels have a huge influence on world cocoa prices - concerns about disruption to cocoa production and export during the civil war caused new york prices to soar to a 16-year high of $2,335/tonne in october 2002 ... * between 2005 and 2009, cocoa production averaged 1 ... however, the 2009/10 crop is estimated to be around 1 ... * under pressure from the world bank and imf, côte d’ivoire liberalised its cocoa sector in 1999 ... * these agencies are funded by cocoa taxes but have come under criticism for a lack of transparency and overlap within their functions and failure to improve incomes for farmers, according to the fairtrade foundation
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... weekly arrivals from main cocoa-growing state bahia kept their upward trend of recent weeks ... they rose to 33,338 bags last week compared with 28,858 bags in the same period of last year, with the main cocoa crop to start later this week ... but the mid crop in bahia, which began on may 1 and ends on thursday, looks set to fall some 50,000 bags short of its 1 ... "all observers had been expecting a sharp increase on the basis of the heavy load of ripe or nearly ripe pods observed in recent weeks," cocoa analyst thomas hartmann said ... the main cocoa crop will begin to be harvested here and in the world's top cocoa suppliers in west africa from october ... despite its name, the main crop is the smaller of the two annual harvests in brazil as the mid crop now grows more ... deliveries from other states outside the bahia cocoa hub reached 18,930 bags in the week, a sharp rise from the 8,157 bags delivered in the same week a year ago ... the bahia commercial association also provided data on cocoa exports for the month of august, figures it does not usually issue ... exports mainly comprised 1,892 metric tonnes of butter, 1,792 tonnes of unsweetened cocoa powder and 771 tonnes of liquor ... bahia's cocoa region will be dry and sunny in the coming days with few clouds ... brazil ranks sixth among the world's cocoa growers but was no ... the country's domestic production data serves as an indicator of how much extra cocoa brazil is likely to import to top off its own supply, most of which is consumed locally
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... the move was intended to discourage smuggling of cocoa to neighbouring west african states including top grower ivory coast, he said of a trend experts believe may have kept as much as 100,000 tonnes of cocoa off ghana's books this year ... ghana's official cocoa purchases totalled 632,024 tonnes during the 2009-10 season, down about 10 percent from the previous year, according to new cocobod figures obtained by reuters on tuesday ... the lacklustre performance runs counter to ghana's ambitious target of producing 1 million tonnes of cocoa per year by 2012, an amount that could allow it to rival ivory coast, whose output this year is running at around 1 ... benchmark cocoa futures for delivery in december traded around $2,820 per tonne in new york on tuesday ... "from what i see on the trees, more cocoa will come next year ... 5 billion to fund purchases of cocoa beans for export in the 2010/11 season, according to the bank that was lead manager of the transaction ... "to further reward hardworking farmers, the government has directed the ghana cocoa board to work out and pay bonuses to farmers on the 2009/2010 main cocoa crop," duffuor said
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... a breakthrough in cocoa genetics by a collaboration involving mars, usda and ibm will accelerate research into the production of trees that can better resist drought, disease and pests, and has met with an enthusiastic welcome from leading cocoa scientists in the uk ... the partnership, which includes scientists based at the agricultural research service (ars) of the us department of agriculture and science as well as researchers working at ibm’s thomas j watson research center, has achieved preliminary sequencing of the cocoa genome ... the team said it will benefit not only the chocolate industry, but cocoa growers in west africa, a region where 70 per cent of the world's cocoa is produced, and in other tropical zones ... fungal diseases can destroy seed-bearing pods and wipe out up to 80 per cent of the cocoa crop, and cause an estimated $700m in losses each year ... the researchers including ars based molecular biologist david kuhn and geneticist raymond schnell said that they released the findings of sequencing into the public domain in order to assist scientists to begin applying the findings immediately to crop cultivation efforts ... penny tricker, research fellow working on cocoa research at reading university, told confectionerynews ... com that the development represents a ‘breakthrough’ for cocoa research ... she explained that preliminary sequencing is the ‘hardest part’ of the genome discovery process and access to this data opens up multiple possibilities for researchers to use knowledge gained from the genome sequencing of other species, which will result in the transfer of their beneficial traits to cocoa trees ... we are now in a position to apply well documented gene pathways from other plants such as thale cress to try and produce cocoa trees that have better drought tolerance and oxidative stress resistance,” said tricker
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... the companies and the usda's agricultural research service (usda-ars) on wednesday released the preliminary genome sequence for the cacao tree, which produces cocoa beans used to make chocolate ... the particular cultivar that was sequenced -- matina 1-6 -- forms the basis of 99 percent of the world's cocoa, and is a promising first step in advancing farmers' ability to plant more robust, higher yielding and drought and disease-resistant trees ... "genome sequencing helps eliminate much of the guess-work of traditional crop cultivation," said howard-yana shapiro, ph ... "this effort, which will allow fast and accurate traditional breeding, is about applying the best of what science has to offer in taking an under-served crop and under-served population and giving them both the chance to flourish," he said ... the results of this collaborative project -- delivered three years early due to mars' scientific leadership, advances in genome technology and constant real-time collaboration -- marks a significant scientific milestone that is already starting to benefit millions of farmers, particularly in west africa, where more than 70 percent of the world's cocoa crop is produced ... "by assembling the sequence fragments into the complete genome sequence and developing a detailed genetic map, we can help maximize the potential yield and income for cocoa farmers and catalyze future research and endeavors involving the cacao tree
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... the correct mix of rain and sunshine is vital to the development of the cocoa crop ... cocoa trees need very wet weather, but they suffer when it is too overcast, because it deprives them of the sunlight they need for photosynthesis ... good rains have boosted cocoa arrivals to figures to beyond last season's levels ... " but in the centre-western region of daloa, which accounts for 358,000 tonnes of yearly output, farmers were more upbeat over the main crop after light rains mixed with adequate sunshine ... "if this carries on, there will be less cocoa by october because of black pod
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... "we're seeing the very early potential for a record main crop from west africa, which would give a sizeable world 2010/11 cocoa surplus," manley said ... "the majority of african cocoa trees are around 30 years old, and trees start declining in productivity from around 20 years of age," said manley, adding that only a small amount of african trees are part of re-planting and rejuvenation programs ... olam is one of the top four buyers of beans in the global cocoa trade alongside barry callebaut , adm and cargill [carg ... manley said the world's largest producer ivory coast's 2009/10 mid-crop, which runs from may to september, was expected at around 350,000 tonnes, up from 270,000 tonnes in 2008/09 as better husbandry and more frequent harvesting boosted output ... ivory coast cocoa exports are not yet reflecting this rise in production but manley said olam expects export figures will catch up over the next six to eight weeks ... "we've seen record prices in most of west africa and we believe strongly that has helped to increase supply during the mid-crop season by something like 15-20 percent," said manley ... liffe cocoa futures prices hit a 32-year high in july to trade at 2,465 pounds a tonne before slipping back ... liffe benchmark december cocoa futures traded up 14 pounds at 2,043 pounds a tonne as at 1304 gmt ... indonesia, the world's third largest cocoa producer, has also seen a rebound in production with olam estimating 2009-10 output at 600,000 tonnes, versus 490,000 tonnes in the previous crop year ... olam expects a small 2009/10 global surplus of between 30,000 tonnes and 50,000 tonnes of cocoa after several consecutive years of deficits ... recovering demand demand is expected to continue to recover from the recession-related dip in 2008-09, with olam forecasting global 2010 cocoa grindings to rise 4 percent on the year, although manley noted consumption in mature markets was "sluggish ... " olam estimates liffe cocoa futures prices to trade between 1,850 a tonne and 2,050 a tonne over the west africa main crop period which runs from october to april
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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