Sentences with phrase «of cocoa prices»

With the two countries responsible for 60 % of the world's cocoa output, fluctuations of cocoa prices on the international market, marked by a fall of...
But there are several reasons to diversify crops, such as hedging farm revenue against the volatility of cocoa prices.

Not exact matches

The company recently told analysts that prices rose most significantly for chocolate and coffee as a result of the steep increase in both cocoa and green coffee costs.
Gorce's problem is lack of space; he can't buy too much cocoa at today's relatively low prices because he has nowhere to store it in his little shop.
Mr Ward, dubbed «Chocfinger» due to his influence over the cocoa price, blamed the rising power of algorithmic and systems - based trading for making position - taking based on «fundamental» supply and demand factors more difficult.
Although cocoa prices scored the most impressive quarterly gain, with futures up 35 % on production issues in West Africa, soybeans were a standout as well, with futures up 9.8 % as a drought harmed crops in Argentina while years of bumper harvests in the United States were set to recede in 2018.
The futures are designed to reflect the price of bitcoin without an investor having to physically hold the virtual currency, not unlike how oil, gold, copper or cocoa prices are determined by futures contracts.
The chocolate industry must look beyond cocoa alone to avert another big drop in cocoa prices, says the organizer of chocolate festival and cocoa conference Chocoa.
A larger than expected supply of cocoa beans from West Africa will add to high buffer stocks and push cocoa prices down by 4 %, according to financial service provider Rabobank.
I could only find them at Whole Foods — and yes, that's an indicator of both the price & clientele for cocoa nibs.
Wood's commodity predictions are based on Bernstein's Food Commodities Index, which tracks the price of 14 ingredient commodities, including milk, coffee, cocoa and sugar, and 6 related to packaging, such as crude oil, aluminium and PET.
Synergy has released a range of chocolate flavors intended to help manufacturers sidestep the impact of volatile cocoa prices.
WASHINGTON — Cocoa butter prices jumped to 1 1/2 - year highs during March while cocoa bean futures traded up to 2 1/2 - year highs in London and 1 1/2 - year highs in New York amid indications of improving cocoa demand and earlier weather concerns about the West African cocoa bean crop.
Price of cocoa bean during the major or lean season remain same with government making some loses during the lean season because of bean quality.
With price volatilities on the international cocoa market representing, perhaps, the biggest threat to cocoa producers, President Akufo - Addo bemoaned the fact that the fortunes of Ghanaian farmers, unfortunately, have become tied to the volatile cocoa bean market.
«Indeed, government will make sure that producer prices paid to Ghanaian cocoa farmers remain unchanged, and will be in sync with those of Ivorian farmers,» he said.
This price represents 88.66 percent of the net FOB, a clear demonstration of this Government's commitment to enhancing the welfare of cocoa farmers.
This situation compelled other countries to reduce their producer prices of cocoa.
According to them, the Mahama administration prior to the determination of the producer price of cocoa made provision for the purchase of 2.2 million bags of granular fertilizer and 1.6 million liters of liquid fertilizer to fertilize over 1million hectares of cocoa farms free of charge to the farmer in the 2016/2017 cocoa season.
In order to ensure a much better involvement in the international pricing of cocoa, the two Governments, through their respective...
Mr. Amenya explained that the celebration focuses on a national strategy to add value to locally produced cocoa and stimulate increased prices of the produce on the global market.
Ghana has led the development of a new global standard for sustainable cocoa and this is aiding image pricing of...
Intelligence gathered by The Finder indicates that staff of Ghana Cocoa Board (COCOBOD) are demanding salary increment despite a myriad of challenges, including the huge fall in the price of raw cocoa beans on the world market and GH 10 billion debt overhang inherited by the new management.
But some cocoa farmers in the Ashanti Region expressed disappointment in government over what they describe as a «paltry» increase in the producer price of cocoa.
«One only needs to talk to cocoa farmers to appreciate the satisfaction that greeted the recent unprecedented increment in the producer price of cocoa, «he said, adding that the lot of the cocoa farmer is much better today than eight years ago.
Perhaps the most significant step the administration took in respect of the producer price of cocoa was that the government raised the producer price of cocoa more than three times within two years.
At a ceremony to commemorate this year's national cocoa day in Tepa in the Ashanti Region, the Deputy Finance Ministe, r who is also the Chairman of Producer Price Review Committee, insisted that the new price takes immediate efPrice Review Committee, insisted that the new price takes immediate efprice takes immediate effect.
The Vice President Kwesi Amissah - Arthur has ended his four - day tour of the Central Region with his «Touching base campaign» with an assurance to cocoa farmers that government would continue to give them better price for their Cocoa.
Ghana was forced to turn to the IMF for a three - year $ 918m loan programme in 2015, after the nation, which began exporting oil seven years ago and produces large amounts of gold and cocoa, was hit by the slump in commodities prices.
They also committed themselves to harmonizing their cocoa marketing policies, and agreed to announce every year, in a concomitant manner, and before the beginning of the campaign, the price to cocoa producers.
To this end, President Akufo - Addo and President Alassane Ouattara have reaffirmed their commitment to define a better, common strategy and a sustainable solution for the improvement of prices for cocoa producers, in their respective countries.
The admonishing comes as the cocoa industry, is facing hardest time recording the lowest price ever in the history of the industry.
The NDC has enjoyed cocoa prices of $ 3,000 or more for 42 months (more than half of the time they have been in office).
According to him, if revenue accrued from gold, cocoa, oil and other exports were managed properly, Ghana will not be saddled with huge debts although government has maintained that huge drop in prices of exports products last year has dwindled its revenue.
The comments come on the back of dwindling prices of cocoa on the international market and how the development has impacted on Ghana's economy.
«If you look at the trends of commodity prices like cocoa... we have guaranteed the farmers that we will continue to give them a large share of the proceeds of the crop.
Mr. Terkper said this was achieved despite the significant challenges that confronted the economy in the form of the power crisis and the rough global economic terrain, which affected interest rate, gold and cocoa prices, which are two of Ghana's major export commodities.
However, if you look at the price of cocoa beans, it has the tendency to fluctuate.
The bulk of the excess cocoa above 850,000 metric tonnes was light crop cocoa sold at an average discounted price of US$ 1,600 (GHC6, 720.00) per tonne while the producer price paid to the farmer remained at GHC7, 600.00 (US$ 1,810) per tonne.
The Stabilization Fund policy was introduced by the NPP administration led by President Kuffour in the 2004/2005 cocoa season to support farmers from the effects of international price volatility.
In order to ensure a much better involvement in the international pricing of cocoa, the two Governments, through their respective cocoa institutions, namely the Coffee - Cocoa Board for Côte d'Ivoire, and the Ghana Cocoa Board (COCOBOD), agreed to adopt common policies on the marketing, storage and processing, and promotion of local consumption of cocoa.
He named the challenges militating against cocoa production in the country as the unreliable supply of inputs to farmers as a direct result of the «free» input policy adopted by the government, new brands of chemical inputs released to cocoa farmers in Ghana without adequate trials and research by designated institutions, low producer prices paid to farmers and the politicisation of the mass spraying and fertiliser distribution programme.
Nana Duah said it should rather take steps to reduce the price of fertilizers to make them affordable, so that they could buy and apply them at the right time for optimal cocoa yield.
Dr Akoto said the smuggling of cocoa and its subsidised inputs into neighbouring countries as a direct consequence of the input distribution system and the product pricing policies of the government, as well as the refusal of the government to pay annual production bonuses to farmers, was the other factor inhibiting growth in the cocoa sub-sector.
He concludes that the demand pressures for increased cocoa exports, changing weather patterns and falling cocoa prices, has led to more monocropping — the agricultural practice of growing only one type of agricultural product in a large area of land, year after year — and less sustainable growing practices in recent years.
The price of cocoa has dropped from $ 4000 a tonne in 1987 to around $ 900 now.
One of the last remnants of Brazil's Atlantic forest is threatened by plummeting world cocoa prices.
For example: someone who goes long cocoa at 850 can write a 900 strike price call option with about one month of time until option expiration.
There are all kinds of charting tools to measure historical volatility, and it's good to study them to get a «feel» for how a market's prices will have regular peaks and valleys, especially more seasonal - based commodities like the grains (corn, wheat, soybeans, etc.) and for the most part the softs (coffee, sugar, cocoa, etc.).
Today, futures market participants trading futures to hedge price risk exposure may include any commercial entity that produces or buys any of the commodities such as grains and livestock, the «softs» including cocoa, sugar, cotton, coffee, and orange juice; energies including crude oil, heating oil, gasoline, and natural gas; and metals such gold, silver, platinum, and copper.
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