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Slight climb in cocoa prices as chocolate production slows

By Anthony Myers

Cocoa prices rallied in the week ending 24 June, after the Cote d’Ivoire government reported that cocoa farmers sent a cumulative 2.24 MMT of cocoa to its ports from 1 October 1 to 19 June, down -1.8% y/y.

Photo Credit: Coca-Cola

Coca-Cola withdraws business from Russia while other companies remain

By Mary Ellen Shoup

Coca-Cola is the latest major global food and beverage giant to suspend operations in Russia as an act of protest against the Russian invasion and continued attack on Ukraine and follows similar announcements made by PepsiCo, Starbucks, and McDonald's....

Photo Credit: GettyImages /  Istimages

Food and beverage companies suspend operations in Ukraine

By Mary Ellen Shoup

Several international food and beverage companies have temporarily shut down operations in Ukraine following Russia's invasion to ensure the safety of employees while bracing for the long-term economic impact that skyrocketing commodity prices and...

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