Inside Coffee & Cocoa International, May 2013...
- Rwandans benefit from American philanthropy
- Coffee consumption continues to grow rapidly in Korea
- Certification could enhance potential of Galapagos coffee
- Leaf rust outbreak threatens Central American production
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|Click on the links below to view the latest news stories||Last updated Monday, June 17, 2013|
|BURUNDI: EXPERTS CHALLENGE EFFECTS OF PRIVATIZATION|
The World Bank-led privatization of the coffee industry in Burundi that began in 2008 is having a negative impact on farmers, two United Nations independent experts have warned.
|NESTLE MARKS LARGEST-EVER INVESTMENT IN GERMANY|
German Chancellor Angela Merkel joined Nestle's Chief Executive Paul Bulcke at a ceremony to lay a foundation stone for the company's EUR220 million Nescafe Dolce Gusto site.
|MCKINNON INDIA TO COLLABORATE WITH BRAZILIAN FIRM|
McKinnon India has entered into a collaboration agreement with an unspecified Brazilian manufacturer for the supply of certain machines which it does not have in its existing product range.
|AMRO SEES COMMODITY PRICES FALLING FURTHER|
ABN AMRO says it sees most commodity prices declining further for the remainder of 2013 before strengthening next year on economic recovery-led demand.
|CHILD LABOUR GROUP MEETS IN WASHINGTON|
The CLCCG met recently to review child labour prevention activity taking place in Cote d'Ivoire and Ghana under the auspices of the 2001 Harkin-Engel Protocol.
|AGRITERRA PROVIDES UPDATE ON NEW COCOA PLANTATIONS|
Agriterra Ltd has provided a further update on the rapid development and expansion of its cocoa farming operations in Sierra Leone through its subsidiary Tropical Farms Ltd.
|COCOA PRICES TO APPRECIATE OVER THE YEAR|
ABN AMRO Group Economics says it expects the stocks-to-use ratio for cocoa to fall to 44.7 per cent and cocoa prices to appreciate over the remainder of 2013.
|ANTWERP'S ROLE "ENDANGERED BY NEW FEES"|
European warehouse firms are concerned that Antwerp will lose its dominance as a storage hub for exchange-graded Arabica coffee as new fees applied by ICE benefit their US rivals.
|ALLIANCE FOR COFFEE EXCELLENCE ELECTS NEW BOARD MEMBERS|
The Alliance for Coffee Excellence has elected three new board members: Bruce Mullins, Joe Hsu, and Chris Jordan for a three-year term beginning in June.
|COFFEE LINKED TO REDUCED RISK OF LIVER DISEASE|
Regular consumption of coffee is associated with a reduced risk of primary sclerosing cholangitis (PSC), an auto-immune liver disease, Mayo Clinic research shows.
|FIRST AFRICAN LAB CERTIFIED BY SCAA|
Addis Ababa-based METAD/Kabu Coffee Quality Control Laboratory has become the first privately-owned African laboratory certified by the Specialty Coffee Association of America.
|ICCO TO HOLD SEMINAR ON TERMINAL MARKETS|
ICCO is to hold a seminar 15-19 July 2013 in Guayaquil, Ecuador to strengthen the capacity of policy makers and cocoa stakeholders in their decision-making process.
|INDUSTRY SUPPORTS FINE-FLAVOUR COCOA RESEARCH|
WCF and member Lindt & Spruengli are donating funds to the USDA's Sustainable Perennial Crops Laboratory to support research on fine-flavor cocoa varieties found in Ecuador.
|AMSTERDAM VENUE FOR SECOND WORLD COCOA CONFERENCE|
Amsterdam will be the location for the second ICCO World Cocoa Conference, which is scheduled to take place 9-13 June 2014.
|CARGILL BREAKS GROUND ON INVESTMENT IN INDONESIA|
Early May saw Cargill break ground on a USD 100 million investment to construct a cocoa processing facility in Gresik in the East Java region of Indonesia.
|COMPOSTABLE RE-SEALABLE BAG FOR INSTANT COFFEE|
A compostable, re-sealable coffee bag is allowing workplaces across Australia to reduce their carbon footprint by using carbon neutral, Colombian freeze-dried instant coffee.
|GUIDE TO SUSTAINABLE SOURCING LAUNCHED|
Seven organisations have launched what they describe as the world's first "practitioner's guide to sustainable sourcing of agricultural raw materials."
|SWISS FUNDS PROVIDED FOR PARTNERSHIP WITH IDH|
Federal Council of Switzerland to partner with Dutch sustainable trade organisation IDH to support sustainable production of commodities including coffee and cocoa.
|SUMMIT PRODUCES PLAN TO ADDRESS RUST EPIDEMIC|
The first international summit, held April 18-20, outlined a series of initiatives to combat the effects of coffee rust that has devastated harvests across Central America.
|MARS SIGNS UN WOMEN’S EMPOWERMENT PRINCIPLES|
Mars Chocolate says it has fulfilled a pledge it made in March this year to sign the United Nations Women's Empowerment Principles.
|COCOA PRICES UP IN APRIL|
Macquarie Research says cocoa "was the top performing commodity in April," having rallied 18 per cent since the lows of early March to a five-month high of around USD 2,415/tonne.
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