Nestlé, the world’s largest food and beverage company has announced that it is piloting a weather insurance program for over 800 smallholder coffee farmers in Indonesia who supply coffee to its Nescafé brand, to help them cope with the impacts of climate change. The insurance scheme will provide financial protection for coffee producers in the […]
COCOBOD hints of a likely upward adjustment of cocoa farmgate price in October
The price of cocoa in the international market has in recent times recorded a steady rise. Figures from International Cocoa Organization Market Report indicate that the global cocoa market has been experiencing increases in prices since April 2023 with a tonne of cocoa beans which was US$2,630 in London and US$2,868 in New York now […]