May Angel
@ReutersAngelM
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Reuters agri commodities reporter, based in London. #Sugar #Coffee #Cocoa #FoodSecurity #Deforestation #LivingWages #ChildLabor #ClimateChange
London
Joined October 2009
Talks come as trading costs soar, driving out independent firms.Cocoa prices more than doubled last year and remain elevated.Hartree last year bought soft commodities trader ED&F Man.
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Exclusive: Hartree in talks to buy major cocoa trader Touton, sources say #cocoa #commodities #hedgefunds #climate.
reuters.com
Global energy and commodities trader Hartree Partners is in talks to acquire French agro-industrial firm Touton, which trades nearly 10% of the world's cocoa, two sources with direct knowledge of the...
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Canada also has zero tariffs on imports of raw and semi-processed cocoa like butter and powder, while Mexico grows its own beans, meaning factories both north and south of the U.S. border can produce more cheaply than those domestically.
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Under the United States-Mexico-Canada free trade pact (USMCA), which the Trump administration has confirmed remains in place, Canada and Mexico can export chocolate to the U.S. tariff-free no matter where they sourced their inputs of cocoa.
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But in the chocolate industry, they're doing the opposite: ramping up the cost of importing already-pricey cocoa and hurting the competitiveness of local factories versus Canadian and Mexican outfits that supply the U.S.
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U.S. President Donald Trump's trade tariffs are meant to boost domestic manufacturing.
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Trump's tariffs give chocolate makers in Canada, Mexico an edge over US firms #Trump #Tariffs #Chocolate #Cocoa
reuters.com
Tariffs were meant to boost U.S. manufacturing, but in the chocolate industry they're doing the opposite.
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Traders rush to land Brazilian coffee in the US before Trump's 50% tariff #trumptariffs #trumptradewars #coffee
reuters.com
Commodities traders are racing against time to unload as much Brazilian coffee as possible in the United States before Trump's new 50% tariff on Brazilian products is implemented on August 1, they...
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My latest for Reuters: Coming to a store near you: double-digit coffee price hikes #Coffee #ClimateCrisis #Inflation
reuters.com
If your favourite coffee beans have vanished from the shelves, don't worry - they will return soon. The bad news is they will be up to 25% more expensive.
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RT @yanisvaroufakis: On Friday 14th, Argentina's President Milei tweeted about the $LIBRA coin, encouraging his followers to buy it on the….
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What out coffee lovers!!!!! "Surge in cost of trading coffee heats up record price rally"
reuters.com
A surge in the cost of trading arabica coffee on the ICE exchange has exacerbated a rally that has already driven prices for raw, unroasted beans to 14 successive records over the last three weeks,...
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What Gaza looks like today 🥺. Amazing job by the Reuters colleagues:
reuters.com
A United Nations damage assessment released this month showed that clearing over 50 million tonnes of rubble left in the aftermath of Israel's bombardment could take 21 years.
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Once muscular and strong, Palestinian bodybuilder Moazaz Obaiyat’s nine-month spell in Israeli custody left him unable to walk unaided upon his release in July. Then, in an October pre-dawn raid on his home, soldiers detained him again.
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Once muscular and strong, Palestinian bodybuilder Moazaz Obaiyat’s nine-month spell in Israeli custody left him unable to walk unaided upon his release in July. Then, in an October pre-dawn raid on his home, soldiers detained him again.
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Behind a record surge in cocoa prices this year, a corner of financial markets that drives the cost of chocolate underwent a seismic shift: the hedge funds that oiled its workings headed for the exit. #cocoa #hedgefunds
reuters.com
Behind a record surge in cocoa prices this year, a corner of financial markets that drives the cost of chocolate underwent a seismic shift: the hedge funds that oiled its workings headed for the exit.
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RT @CoffeeNinjaRyan: Vietnam #coffee exports increased to 1.05m bags in Nov. This is a +38.7% (or 300k bags) monthly increase, in contrast….
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Me and my colleagues having a chat about where the world will get its cocoa from going forward, and ofcourse at what price. Is cheap chocolate a thing of the past? Tune in to find out. #cocoa #chocolate #climatechange.
🔊🍫 As cocoa production in West Africa struggles, high prices are creating new production opportunities in places like Latin America. @JoeBavier, @tx_marcelo and @ReutersAngelM talk chocolate with @cwalljasper on this week’s Reuters Econ World podcast
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RT @Reuters: 🔊🍫 As cocoa production in West Africa struggles, high prices are creating new production opportunities in places like Latin Am….
podcasts.apple.com
Podcast Episode · Reuters Econ World · 12/11/2024 · 26m
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EXCLUSIVE-Brazil's top coffee roasters to hike prices from next year!!! Consumers internationally likely to feel the pinch by as early as the end of March. #coffee #climatechange #costoflivingcrisis
ca.finance.yahoo.com
Brazil's top coffee roasters including JDE Peet's, one of the world's biggest coffee companies, are set to hike prices domestically from early next year after adverse weather caused raw bean prices...
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EXPLAINER: Why are coffee prices trading near half-century highs?#climatechange #coffee #commoditiestrading .
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