Inside Coffee & Cocoa International, January 2015...
- High yields expected from agro-industrial cocoa
- Regional exchanges can help to empower farmers
- Production surges in West Africa but processing still an issue
- Colombian production continues to recover as replanting pays off
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|Click on the links below to view the latest news stories||Last updated Monday, January 26, 2015|
|CFTC FINES OLAM FOR VIOLATING LIMITS AND UNLAWFUL TRADES|
The Commodity Futures Trading Commission in the US has issued an order filing and simultaneously settling charges against Singapore-based Olam International Ltd.
|ETHICAL COFFEE COMPANY SUES NESPRESSO|
Ethical Coffee Company, which makes coffee capsules that can be used in Nestlé’s Nespresso machines, has lodged a complaint in a Paris court against Nestlé for patent infringement.
|COMMODITIES TRADER NOBLE TO EXIT COCOA BUSINESS|
Reuters reports that commodities trading house Noble Group is "winding down its cocoa operations."
|EU OPENS INVESTIGATION INTO MERGER|
Reuters reports that European Union antitrust regulators have opened an investigation into the proposal by Mondelez International and DE Master Blenders 1753 to combine their coffee businesses.
|KEURIG GREEN MOUNTAIN AND CARIBOU EXPAND AGREEMENT|
Keurig Green Mountain and Caribou Coffee have renewed their partnership with a 10-year agreement for Caribou Coffee in Keurig pack formats for Keurig hot brewing systems.
|NEW WEBSITE PROVIDES PLATFORM FOR GROWERS|
A new website has been launched to provide coffee growers around the world with a platform that will allow them to promote their farms to the coffee industry at no cost.
|ICE FUTURES TO LAUNCH EURO-DENOMINATED COCOA CONTRACT|
Intercontinental Exchange has announced that ICE Futures Europe will introduce a new Euro currency cocoa contract to operate in parallel with the existing Sterling London cocoa contract.
|FAIRTRADE LAUNCHES 'WOMEN IN COFFEE' PROJECT|
Fairtrade Africa and the Fairtrade Foundation have launched a three-year project that will empower women coffee farmers in Kenya and increase the market for Fairtrade certified coffee.
|UN PROJECT TO HELP COLOMBIAN FARMERS GROW COCOA|
A UN-led partnership is expected to help Colombian farmers who have long relied on revenues from growing drug crops.
|OLAM INTERNATIONAL TO ACQUIRE ADM COCOA BUSINESS|
Olam International Limited has agreed to acquire the global cocoa business of Archer Daniels Midland Company at an enterprise value on a cash and debt free basis of USD 1.3 billion.
|COFFEE KIDS SEEKS MERGER - SUSPENDS PROGRAMMING|
The Board of Directors of charity Coffee Kids has decided to suspend programming and explore options for merging with another organization with a similar purpose.
|PACORINI OPENS WAREHOUSE SERVING PORT OF VIRGINIA|
The company's decision to open the warehouse follows Port of Virginia's recent designation as an exchange port for coffee.
|COFFEE & COCOA INTERNATIONAL PUBLISHING SCHEDULE|
This web site will next be updated the week beginning Monday 5 January 2015.
We would like to wish all of our readers a peaceful Christmas and a prosperous New Year.
|PPPS IN THE SPOTLIGHT: ARE FARMERS CONSULTED?|
A new report by the Fairtrade Foundation seeks to investigate if and how smallholder food producers are engaged as equal partners within agricultural PPPs in Africa.
|REGIONAL EXCHANGES HELPING TO EMPOWER FARMERS|
Where the Ethiopian Commodity Exchange led the way, other countries are now following, having recognised the benefits to their agricultural sectors of domestic - and regional - exchanges.
|PORT OF VIRGINIA GEARS UP FOR LIFE AS AN EXCHANGE PORT|
The volume of coffee moving through Port of Virginia continues to grow rapidly and designation by ICE as an exchange port is only likely to enhance that rate of growth.
|CLIMATE CHANGE COULD AFFECT INDONESIAN FARMERS|
A CIAT study of current and future climatic suitability of Arabica coffee in Indonesia suggests that climate change could severely affect coffee farmers in the country.
|RONNOCO ACQUIRES ARKANSAS COMPANY|
St Louis-based Ronnoco Coffee has acquired Biff’s Coffee Roasting Company in North Little Rock, Arkansas.
|AFREXIMBANK FUNDS COCOA PROCESSING IN AFRICA|
The African Export-Import Bank has provided approximately USD 350 million in financing to support cocoa processing activities in the four major cocoa producing countries.
|UNITED BISCUITS AND CARGILL IN THREE-YEAR PARTNERSHIP|
United Biscuits has entered into a three-year partnership with Cargill's cocoa & chocolate business, which will supply all of UB's cocoa and chocolate products.
|ZANETTI INAUGURATES ROASTING PLANT IN VIETNAM|
MZB Group has inaugurated its first roasting plant in Vietnam, with an annual production capacity of up to 3,000 tonnes of roasted coffee.
|NCA ISSUES PROPOSITION 65 UPDATE|
The National Coffee Association in the US recently filed comments with California's Office of Environmental Health Hazard Assessment, the state regulatory agency.
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