cocoa

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Chocolate as a High Commodity: The Rising Cost of Cocoa

By admin | February 8, 2012

Photo: Bill Zimmerman

Photo: Bill Zimmerman

By: Melaina Gasbarrino

Have you ever wondered just how precious cocoa, the lovely bean that creates the sweetest treats, really is? Well in today’s day and age, cocoa is costing the industry a whole lot of loot. Neena Rai and Leslie Josephs report that this tasty treat is recovering for an ‘all-time 3-year low’.

As bids were placed to purchase the beans for the 2012-2013 crops, just a couple of days ago it’s now that we realize just how precious this cargo is. The price of cocoa this quarter skyrocketed at $2,300 a ton on the ICE Futures US exchange. With a 3.4% increase from the last trading session, the rise in cocoa was all thanks to the somewhat stronger economy the US has seen at the start of the year. Read More

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Investing in African Cocoa

By admin | September 29, 2011

Photo: Mark Eichmann

Photo: Mark Eichmann

By: Saira Malhotra

Amidst obscurity and struggle, yet another company has seen great worth and possibility in Africa, this time, it’s Madagascar. The island is situated on the South East coast of Africa and is an exporter of primary products, such as minerals, lychees, and shrimp. In Africa, there is a growing shift in attitude among companies to take their respective industries to the next level. For Pepsico, it meant investing in infrastructure and better seeds to grow chickpeas on a large scale. For Edun, clothing, it meant using African textiles to create an edgy fashion line made in Africa. But what did it mean for Peace Corp volunteer, Tim McCollum?

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5 Great Frozen Yogurt And Ice Cream Toppings

By mahir | April 29, 2011

Ice-Cream-Cones

The weather is warming up and there are few better treats for a hot day than a bowl of ice cream. Instead of spending extra money on fancy flavors, buy a pint of high-quality vanilla ice cream and try these five combinations for fun flavor-boosters!   Read More

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Image by Rod Waddington Dinner

By Suzannah Schneider

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