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...It recently partnered with Nestlé and Cargill, using cocoa shells from a confectionery site in York, England, where the agricultural trader processes cocoa for Nestlé products such as KitKats....
...The trade body collates data from 19 cocoa processors and chocolate makers operating in Europe, including Cargill, Barry Callebaut and Olam Food Ingredients (OFI)....
...Hedge funds have probably the “biggest risk exposure to cocoa that they’ve ever had”, said Martijn Bron, who was global head of cocoa and chocolate trading for agricultural commodities giant Cargill until...
...Last year, a lawsuit filed by campaign group International Rights Advocates against Swiss conglomerate Nestlé and agriculture trader Cargill, accusing them of being complicit in the use of forced child labour...
...Just over a year ago, a campaign group called International Rights Advocates sued seven big western companies involved in the chocolate trade — Nestlé, Hershey, Cargill, Mars, Mondelez, Barry Callebaut,...
...Martijn Bron, head of cocoa trading at Cargill, thought that a comparison to commodities production is useful: Scarcity is relevant if it is related to demand which is derived from an economic cycle....
...Olam said it had relied on extensive GPS and mobile technology while Cargill’s payments for cocoa in Ghana are now all done via mobile phone....
...Business logic suggests that manufacturers, such as Nestlé and Ferrero, and trading houses, including Cargill and Olam, are not keen to pay more for ingredients....
...Francesca Kleemans, a director in Cargill’s cocoa business, said the Minneapolis-based company respected the governments’ decision but would “need to wait for further details . . . to understand what the...
...These are companies such as Archer Daniels Midland, Bunge, Cargill, Cofco, Glencore Agri and Louis Dreyfus Company....
...Cargill is operating a traceability programme for its turkeys, and trials for agricultural commodities including cocoa and coffee among various players are also ongoing....
...Once the beans do make it to market, they are sold to middlemen and then to multinational processors like Olam and Cargill or producers such as Hershey’s, Nestlé and Mondelez....
...These are the cocoa processors, wholesale suppliers of cocoa products: Barry Callebaut of Switzerland, Cargill of the US, and Olam based in Singapore. They are also a powerful presence in the market....
...“Demand for chocolate [in Asia] has been going up and continues to go up,” said Harold Poelma, president of Cargill’s cocoa and chocolate business....
...When he was buying cocoa for Mars 15 years ago, the specification was “west African flavour”....
...Cargill, another leading processor, on Thursday mentioned cocoa products as one of the contributors to strong earnings....
...Sales of sweeteners, cocoa and chocolate all boosted business, along with salts used to season foods and melt ice on North American highways....
...The world’s largest chocolate makers, including Nestlé, Mars and Mondelez, and cocoa traders, such as Cargill and Olam, have agreed to co-operate in ending deforestation in key cocoa growing areas, starting...
...“If we can ensure farmers make a decent income from growing cocoa, that will not only support communities, it will also sustain our supply and our business,” says Taco Terheijden, Cargill’s director of cocoa...
...Cargill created a GMO-free corn syrup in response to changes at a confectionery customer, its annual report says....
...Leading international cocoa trading and processing companies, including Cargill, Barry Callebaut and Olam, were named on the list of 113 companies and co-operatives allowed to trade the commodity....
...Companies like Olam, Cargill and Ecom, they have a longer-term engagement with origin,” says Mr Van der Put....
..., flour and cocoa....
...Working with agricultural traders Olam and Cargill, it said the programme will have trained 8,000 farmers by the end of this year....
...Leading cocoa and chocolate companies such as Cargill and Mondelez have united forces in “CocoaAction”, a programme to support growers to encourage “sustainable” sources of cocoa beans....
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