Cocoa: latest news, insights and analysis | ESM Magazine

ICCO Trims Estimate For 2022/23 Global Cocoa Deficit

The International Cocoa Organisation (ICCO) estimated a global cocoa deficit of 99,000 metric tonnes in the 2022/23 season, narrower than a previous foreca...

New Targets Give Investors A Taste For Barry Callebaut

Barry Callebaut set new medium term targets to boost sales volumes and earnings, lifting shares in the world's biggest chocolate maker as investors warmed...

Dutch Retailer Jumbo Joins Tony's Open Chain

Dutch retailer Jumbo has joined Tony's Open Chain initiative as it seeks to make its cocoa supply chain 100% 'slavery-free'.

Ghana Borrows Up To $200m From Cocoa Traders To Plug Funding Gap

Ghana's Cocobod has borrowed between $150 million and $200 million from cocoa traders to finance bean purchases since the 2023/24 season opened,...

More Rain Needed To Boost Ivory Coast Cocoa Main Crop, Farmers Say

More rain is needed in Ivory Coast's main cocoa-growing regions this month to boost growth of the October-to-March main crop before the onset of the dry se...

Ivory Coast Sells 2024-25 Cocoa Export Contracts Despite Price Pushback

Ivory Coast has sold at least 300,000 tonnes of cocoa in export contracts for the 2024/25 season despite pressure from multinational companies to lower pri...

Mondelēz Treats Investors With Third Annual Forecast Hike On Firm Demand

Mondelēz International hiked its annual sales and profit growth forecasts for the third time this year, betting on consumers to continue snacking on the Or...

Ivory Coast Cocoa Regulator Scraps Stockpile Exemption For Bean Grinders

Ivory Coast cocoa sector regulator will not allow bean grinders to accumulate stocks beyond authorised limits during the main October to March harvest to e...