Zeelandia (Royal Zeelandia Group)’s Post

🍫🌍 Brace yourselves, chocolate lovers! 🚨 The latest news from major African cocoa plants in Ivory Coast and Ghana paints a concerning picture. Due to financial constraints, several plants have halted or reduced processing, leading to a potential shortage of cocoa beans. According to Reuters, this could spell trouble for chocolate prices worldwide, as chocolate-makers grapple with increased production costs. 📈🍫 With cocoa prices already doubling over the past year and harvests continuing to disappoint, the future of chocolate affordability hangs in the balance. As Tropical Research Services' Steve Wateridge warns, "massive demand destruction" may be necessary to align with the ongoing supply challenges. 💔🌱 This means we could see even steeper price hikes and limited availability in the near future. So, savor those chocolate treats while you can, and keep an eye on this developing situation! 🍫💰 #CocoaCrisis #ChocolateShortage #SupplyChainWoes #ChocolateLoversUnite 🌍🍫

Cocoa futures are at an all-time high of $7950 USD/MT, with Ivory Coast and Ghana providing over 60% of the world's output. Unfortunately, annual harvests are expected to be down 33% MT compared to last year. This will have significant implications on food and candy producers and ultimately on the consumer. As a consumer, what is your cut-off price to switch to an alternative? Also, what do you think is the next best thing to chocolate? #cocoa #futures #food #candy #consumer #alternatives

🍫🌍 Brace yourselves, chocolate lovers! 🚨 The latest news from major African cocoa plants in Ivory Coast and Ghana paints a concerning picture. 🌱 Due to financial constraints, several plants have halted or reduced processing, leading to a potential shortage of cocoa beans. According to Reuters, this could spell trouble for chocolate prices worldwide, as chocolate-makers grapple with increased production costs. 📈🍫 With cocoa prices already doubling over the past year and harvests continuing to disappoint, the future of chocolate affordability hangs in the balance. As Tropical Research Services' Steve Wateridge warns, "massive demand destruction" may be necessary to align with the ongoing supply challenges. 💔 🌱 This means we could see even steeper price hikes and limited availability in the near future. So, savor those chocolate treats while you can, and keep an eye on this developing situation! 🍫💰 #CocoaCrisis #ChocolateShortage #SupplyChainWoes #ChocolateLoversUnite 🌍🍫

🚨FOOD INDUSTRY NEWS🚨 The Ivory Coast has increased the official cocoa farm-gate price to CFA 1,500 (approx. $2.46) per kg, a 50% increase on the previous price of CFA 1,000 (approx. $1.64). 🍫 #ivorycoast #cocoa #chocolate #commodities #foodindustry #newsletter

How are we working with the NGO and small farmers? Since day one FourX The Better Chocolate has only used cacao beans that are Fair Trade Certified and harvested and grown in the ultra-rich aromatic soils in the heart of Ecuador by an NGO co-operative of small farmers. As these unique gardens and farms are small, family run little enterprises, we are allowing opportunities for the next generation to inherit a successful business. We work with 212 Associations and approximately 8375 families. The relationships we have created with these farmers are meaningful for both them and the company. We are committed to fair and ethical processes. Getting our Certification was one of our major highlights as a company! BETTER CACAO = Delicious and Healthy Chocolate 😋 The quality of the our chocolate is like no other: · 100% Single Origin from the heart of the farmer’s small fields in Ecuador, 100% Bean-to-Bar, Fair Trade Certified, and sourcing only from NGOs that support 3422 small farms. · This allows for an incredibly rich cacao chocolate taste, processed without alkali, without added natural or artificial flavours, and without chemicals anywhere in the process. · An entirely natural process where most of the antioxidants and flavonoids are preciously protected so the chocolate is healthier. Look for the Fair Trade Certification when ever you shop! 🛒 #thebetterchocolate #fairtrade #fairtradeday #functionalchocolate #purechocolate #purecacao #ecuadoriancacao #ngofarms Fairtrade Canada Mikaila Grace Boyd Maria F. Gallardo John Marron

Not too long-ago Climate change seemed like a distant event – who knew it would impact our sweet indulgence. People who know me also know that I have quite the sweet tooth, particularly for #chocolate. 🍫 I was startled when I noticed prices of #Cocoa skyrocketing in recent months. The reason? #Climate shifts are wreaking havoc on Cacao bean farming in the industry. Ivory Coast and Ghana, the biggest Cacao producers, were hit with twice more rain than usual last December. This harmed the planting season for Cacao. An intense heatwave and drought followed in the month of February. Which decimated yield for Cacao, as it is sensitive to dry conditions. 📈As a result, prices have soared by more than 150%. Which means the chocolate that I buy regularly, will soon become three times more expensive. 🤯 And before long, this indulgence become too expensive to enjoy for many. How will this have an impact on industry? 1️⃣ Large chocolate manufacturers will start using Cocoa substitutes. Candies will be coated in something which tastes like chocolate. Fillers and cheap ingredients will become more popular. 2️⃣ Less Cocoa origins will be available. Cocoa distributors will have to pay over twice what they did a few months back. This will restrict their choice to buy only from the top-selling origins, with few alternatives available. 3️⃣ Premium and dark chocolate products may feel the brunt. Since these products will find it hard to replace Cocoa, their prices will surge. Consumers may not want to pay such a high price for these products. The industry can take this as a threat. Or a chance to innovate, collaborate, and work towards ecological stewardship. Where #sustainability is a core mandate, and not just an #ESG initiative. 🌱 #ClimateChange #ChocolateCrisis #Sustainability #Innovation #IndustryImpact #Cocoaprices -- PS: What are your thoughts and predictions? Will you be stocking up before the price increase hits? Image by Axios

The prices of cocoa beans are at an all time high leading to many brands hiking their prices for their chocolates.🍫 💰 Are you aware of the ongoing crisis cocoa farmers are facing in Africa? 🇿🇦🛖 Source: https://lnkd.in/dnTCRSj4 #foodtech #indianfoodnews #foodbusinessstartup

Honoring International Cocoa Day 🍫🌱 On July 7th, we celebrate International Cocoa Day, a special occasion dedicated to appreciating the origins and impact of cacao, the essential ingredient in our favorite chocolate treats. This day shines a spotlight on the journey from cacao farms to the delicious confections we love, highlighting the efforts of farmers worldwide. 🌍👨🌾 Cacao has a storied history, cherished by ancient civilizations such as the Maya and Aztec, who revered it as a divine gift. Today, we continue to value cacao, not only for its role in creating chocolate but also for its economic and cultural significance in many regions. 🌟🍫 As we savor various chocolate delights, including rich bars, delectable truffles, and comforting hot cocoa, let's remember the importance of sustainable and ethical farming practices. Supporting fair trade initiatives helps ensure that cacao farmers receive fair compensation and work in safe conditions, fostering a positive impact on their communities. 🌿🤝 Join us in celebrating International Cocoa Day and the sweet journey of cacao. Together, we can promote a more sustainable and equitable chocolate industry. 🎉 #InternationalCocoaDay #CacaoJourney #ChocolateOrigins #FairTradeCacao #SustainableFarming #CacaoCulture