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Puratos to launch cultured cocoa chocolate for professionals in US market

Puratos to launch cultured cocoa chocolate for professionals in US market

Belgian ingredients supplier Purato says it will launch the first professional chocolate product made with cultured cocoa.

USDA to buy $263m in dairy products, supporting butter and cheese markets

USDA to buy $263m in dairy products, supporting butter and cheese markets

The US Department of Agriculture will purchase up to $263 million in dairy and other agricultural commodities, with nearly $150 million directed at butter, cheese and milk.

Cocoa bottleneck in Ivory Coast signals supply risk for global chocolate makers

Cocoa bottleneck in Ivory Coast signals supply risk for global chocolate makers

Reuters has reported that cocoa stocks in the Ivory Coast are piling up as exporters resist the fixed farmgate price, disrupting global chocolate supply.

Mars fraud case exposes risks in commodity and export credit programmes

Mars fraud case exposes risks in commodity and export credit programmes

A former Mars risk manager has been jailed for over five years after defrauding the confectionery group of $28m via export credits and weak internal controls.

Mars Wrigley invests $5m in agriscience to enhance peanut supply chain resilience

Mars Wrigley invests $5m in agriscience to enhance peanut supply chain resilience

Mars Wrigley has announced a significant investment in its 'Protect the Peanut Plan,' committing an additional $5 million to agriscience initiatives aimed at safeguarding peanut crops from pests, diseases and climate variability.

ADM explores divesture of futures clearing arm – Bloomberg

ADM explores divesture of futures clearing arm – Bloomberg

ADM is evaluating the potential divesture of its futures brokerage subsidiary, ADM Investor Services (ADMIS).

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