*Sugar futures seen linked to weak Brazil currency. Cocoa futures were little changed in thin volume. October raw sugar was up 0.03 cents, or 0.3 percent, at 11.27 cents a lb at 1147 GMT, having hit a one-month low of 11.20 cents on Friday.» Read More
NEW YORK, July 16- North American cocoa grindings in the second quarter fell to the lowest in 2-1/ 2 years, data from the National Confectioners Association showed on Thursday, falling within the low end of expectations. Cocoa processors in the United States, Mexico and Canada reported grinding 120,359 tonnes of beans in the second quarter, ended in June, down 8.6...
*Cocoa prices fall from September 2014 highs. Raw sugar prices initially extended last week's losses on large stocks, favorable cane harvest weather in Brazil, higher-than-expected output in India and Thailand, and fund selling. "Weather in center-south Brazil has been good for harvesting recently," said Nick Penney, a senior trader with Sucden Financial Sugar.
LONDON, June 11- The European Commission said on Thursday it had approved the acquisition of Archer Daniels Midland Co's cocoa business by Olam International Ltd.. The $1.3 billion deal, Olam's biggest ever, will catapult the Singapore- based commodities firm into the top tier of global suppliers to the growing chocolate business. Olam will acquire one of the...
LONDON, June 11- The European Commission said in a statement on Thursday it had approved the acquisition of Archer Daniels Midland Co's cocoa business by commodities firm Olam International Ltd..
Andreas Jacobs, chairman of Barry Callebaut, tells CNBC's Christine Tan how he is continuing the legacy of his father, German-born entrepreneur Klaus Jacobs.
*Traders in Europe scramble for Ghana cocoa stock. *Ghana may have oversold crop by as much as 200,000 tonnes. ENCHI, Ghana/ LONDON, May 6- A poor cocoa harvest in Ghana has left the world's number two producer struggling to fulfil sales contracts and is driving up the price of the commodity on global markets.
NEW YORK/ LONDON, March 26- Raw sugar futures tested the prior session's six-year low in thin trade on Thursday, under pressure from a strengthening dollar, abundant supplies and light physical demand, while arabica coffee extended gains. New York cocoa futures eased, pressured by the weak sterling, and bucking the session's higher trend in larger commodity...
China's chocolate sales will grow to $4.3 billion by 2019, up nearly 60 percent from 2014, driven by a growing urban population, a Hershey official said.
Dennis Melka, CEO of United Cacao Limited, discusses the company's ambitions to become the "largest cacao supplier" in the world.
Prices of chocolate have soared nearly 20 percent over the last 18 months. CNBC's Sara Eisen explains why some say talks of a potential cocoa shortage are exaggerated.
Mohamed Elsarky, CEO of Godiva, discusses the impact of Ebola on cocoa producing nations and the factors behind cocoa's recent price increase.
Tedd George, head of agriculture research at Ecobank, says the spread of Ebola across West Africa could hit production and threaten a large amount of the world's cocoa production.
The World Cocoa Foundation is set to announce a fundraising initiative to help combat Ebola in West Africa.
Erkut Ozer, CEO of Global Trading Enterprises, says China's growing appetite for chocolate is pushing the price of cocoa higher.
"No one wants to talk about it because they don't want to start a panic," one expert tells CNBC.
After seeing a rise of nearly 20 percent year to date, cocoa prices may see a taper soon, says Avtar Sandu, Senior Manager, Commodities at Phillip Futures.
Wayne Gordon, Executive Director, Commodities of UBS Wealth Management, explains why consumers won't be put off by higher cocoa prices and discusses the surge in chocolate demand in emerging markets.
Cocoa prices have risen almost 20 percent year to date. CNBC's Adam Bakhtiar visits a factory in Singapore to find out whether higher prices have dampened chocolate demand in Asia.
Asia's newly minted chocoholics are tempting sweets-makers, but challenges range from different cultural tastes to the region driving up cocoa prices.
Nestle USA chairman & CEO Paul Grimwood, discuss how inflation is impacting food prices and where the company is looking to expand its health and wellness ambition.