Cocoa production is expected to be at a deficit of 30,000 tons prompting higher prices for both bean and bar, the Fiscal Times reports.» Read More
*Brazil cane harvest speeds up- Unica. NEW YORK/ LONDON, July 10- Speculators triggered a fall in arabica coffee futures by liquidating positions on Thursday, taking one of this year's best performing commodities to a near five-month low and knocking off the seasonal frost premium on moderate weather forecasts.
NEW YORK/ LONDON, June 27- ICE cocoa futures hit a near three-year peak on Friday on strong chart signals and falling exchange stocks, and raw sugar saw the biggest one-day rout since February on weak demand for physical delivery ahead of the July contract's expiry on Monday.
NEW YORK/ LONDON, June 27- ICE cocoa futures rallied to a near three-year peak on Friday on strong chart signals and falling exchange inventories, and raw sugar plunged, on track for the biggest one-day rout since February on weak demand ahead of the July contract's expiry.
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.
NEW YORK/ SINGAPORE, June 16- Chocolate makers including Barry Callebaut are racing to buy cocoa butter from their competitors this summer, pushing price premiums to their highest in months.
NEW YORK/ LONDON, June 5- ICE cocoa futures pared gains after tapping a 33- month high on Thursday, as buying dried up after rallying for the past two weeks, while raw sugar quietly eased to a five-week low after falling below a psychological support level. Coffee futures were also quietly lower.
NEW YORK, June 4- Famed cocoa trader Anthony Ward's niche commodities fund is up 28 percent through April, after riding the bull run in arabica coffee as a drought in Brazil, the world's No. 1 producer, raised concerns about tightening supplies.
Edward George, head of soft commodities at Ecobank, says chocolate will become a luxury in Europe as cocoa prices shoot up.
CNBC's Morgan Brennan reports cocoa prices are up more than 35 percent over the past 12 months.
"Chocolate is more popular than ever," explains Godiva CEO Jim Goldman, in discussing just how popular Valentine's Day is for his stores. He discusses high cocoa prices right now.
Jonathan Parkman, head of agriculture at Marex Spectron, says the strong performance of Mondelez and Nestle in the cocoa sector underpinned the commodity's price rally last year.
Cocoa is up about 30 percent in the last 12 months, reports CNBC's Morgan Brennan. Stronger demand, and fewer supplies are contributing.
Jonathan Parkman, head of agriculture at Marex Spectron, discusses the outlook for the cocoa market in 2014 and the role emerging markets will play in the price movement of the commodity.
Abah Ofon, Director, Agricultural Commodities Research at Standard Chartered explains what's behind the sharp divergence between coffee and cocoa prices this year.
Cocoa is rose over 2.5 percent in 1 week, and hit a 4-week high on Friday. Alan Knuckman, Trading Advantage, explains how he is using options to profit from the commodity's move.
Cocoa — the main ingredient for Kit Kats, Hershey’s bars and Snickers — may rally into the second-half of this year as low rainfall and drier weather forecast for Ivory Coast, the world’s leading cocoa supplier, threaten to reduce yields and deplete global stockpiles.
When it comes to playing it safe with commodities, you'll want a portfolio with winners to offset the inevitable losers.
Cocoa prices have fallen about 30 percent in the past twelve months, but Keith Flury, Senior Commodity Analyst at Rabobank says they will continue to edge lower in the short-term.
There may be no better way to appreciate the diversity of exchange traded funds than by looking at the commodities sector of the asset class.
Premium Swiss chocolate maker Lindt & Spruengli on Thursday warned that commodity markets remain volatile and that consumer sentiment is hit by the prospects of a worsening employment market.