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, February 23, 2015|
|COFFEE CONTAINS PROTEIN SIMILAR TO MORPHINE|
Coffee contains a protein that has an effect similar to morphine, scientists at the University of Brasilia and Brazilian agriculture research company Embrapa have discovered.
|SMART CARD CONCEPT WORKING WELL IN COLOMBIA|
FNC's Smart Coffee ID Card "has become a vital tool for financial inclusion and change in Colombia's rural sector," according to the Better Than Cash Alliance.
|MASSIMO ZANETTI TO OPEN COFFEE OUTLETS IN CHINA|
Massimo Zanetti Beverage Group has signed an agreement with TNPI, an Asian group specialising in the retail and coffee chain markets, to develop a network of franchised coffee shops.
|MONDELEZ AND FLOCERT COLLABORATE ON VERIFICATION|
Mondelez International and FLOCERT have unveiled a partnership to verify cocoa volumes and commercial transactions for the company's USD 400 million 'Cocoa Life' programme.
|BEAR TO DELIVER COCOA PROCESSING PLANT TO CAMEROON|
German company BEAR Mills & Tanks GmbH has signed a deal with a local Cameroonian investor to build a cocoa processing plant near Yaounde.
|CRIMSON CUP EXPANDS TO NEW ROASTING AND DIST. CENTRE|
Crimson Cup Coffee & Tea, an Ohio-based coffee roaster, has opened a new 20,000 sq ft roasting and distribution centre in Columbus, Ohio.
|ICCO RELOCATION ON THE CARDS UNLESS VIOLENCE ERUPTS|
Violence ahead of presidential elections is now widely seen as the only obstacle to the relocation of the International Cocoa Organization from London to Abidjan.
|QUSAC RENEWS LONG TERM DEAL WITH MOTHER PARKERS|
QUSAC Decaf in Canada has concluded a deal with Mother Parkers Tea & Coffee to acquire its shares of the decaffeination company for an undisclosed amount.
|COLOMBIAN PRODUCTION CONTINUES UPWARD TREND|
Colombia, the world's leading producer of mild washed Arabica, produced a total of 12.1 million bags in 2014.
|JOHNSON BECOMES PRESIDENT AND COO AT STARBUCKS|
Starbucks Corporation has appointed Kevin Johnson as President and Chief Operating Officer. Mr Johnson has been a board member since 2009 and will take up his new position on 1 March.
|ICO SIGNS MOU WITH 4CA AND IDH|
Co-operation with the private sector is seen by the ICO's Executive Director, Roberio Silva, as a key element in helping the agency meet the objectives set it by the International Coffee Agreement.
|CME GROUP LAUNCHES COCOA FUTURES CONTRACTS|
CME Group has announced the launch of a physically delivered and a financially settled cocoa futures contract.
|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.
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