Euromonitor International expects more chocolate makers will take vertical control of their supply chains by acquiring commodity suppliers as prices continue to climb.
Mondelēz will bear the brunt of any potential financial sanctions if a charge of manipulating wheat prices brought yesterday by The U.S. Commodity Futures Trading Commission (CFTC) succeeds.
The world’s third largest cocoa processor Olam has agreed to pay a fine of $3m for alleged mistrading of cocoa futures but has refused to admit wrongdoing.
Guar gum could be relisted on India’s futures market if a positive committee decision is reached next week, according to the country’s commodity markets regulator.
Price spikes in the US grains market fuelled by a lengthy drought will be felt by bakery and snack manufacturers around September, according to an industry analyst.
Moves to impose position limits on non-commercial hedgers in commodity markets mark an important step in the right direction to tackle volatility in wheat futures, says the American Bakers Association (ABA).
Next month’s meeting of the agricultural advisory committee of the Commodity Futures Trading Commission (CFTC) will give the food industry one last chance to make the case for imposing limits on the activity of index funds in the wheat futures market,...
Rabobank has warned that cocoa prices will respond if there is a return to civil war in the Ivory Coast as this could impede cocoa exports onto the world market.
Some regulation of commodities futures markets could be beneficial – but should stop short of tight limits or an outright ban, the Food and Agriculture Organization (FAO) has said in a new policy brief.
Excessive speculation on the futures market fuelled last year’s wheat price surge that led to higher prices for industry and consumers, according to the results of a year-long Senate investigation.
The Chicago Board of Trade’s wheat futures market is in danger of losing its relevance as the gap between future prices and cash prices has widened, say the authors of a new University of Illinois study.
US grain-based ingredients company MGP Ingredients has outlined its new customer-focussed strategy for dealing with volatile grain markets after registering its first net loss for a decade.
Turmoil in the global financial markets could, ironically, offer relief to prices in the commodity exchanges, where leading confectioners lock in key raw materials for their formulations, with evidence this week suggesting a wave of non-commercial speculators...
Lower futures prices for wheat herald a shaving of input costs for bakers and millers, with the collapse of Lehman Brothers and the near-bankcruptcy of global insurer AIG arguably hitting agricultural quotations downwards.
Latest figures from the International Cocoa Organization (ICCO)
suggest that there will be a rise in world production of cocoa
compared to last year and a rise, though smaller, in world
grindings.