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Price-Setting Power in Global Value Chains: The Cases of Price ...

After several large-scale mergers and acquisi- tions in the 2010s, the top four grinder-traders (Barry Callebaut, Cargill, Olam6and Ecom7) accounted for 75% of global cocoa processing and trading in 2016-2017, with only two—Barry Callebaut and Cargill—being in charge of nearly half of the market (Fountain and Hütz-Adams 2018).

Who to blame? The rough start for living income cocoa prices in Côte d ...

Jun 27, 2022This indicates the price-setting power of 'grinder-traders ' and the key role of financial hedging and other activities on futures markets in their business strategies. Hence, both countries remain to a large extent 'global price-takers' and carry the price risks of setting minimum producer prices.

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However, this largely is done by grinder-traders that buy cocoa in producer countries, process them in their facilities in producer or consumer countries, and then trade processed products...

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grinder-traders are engaged as exporters and the top five - cargill, sucden, touton, olam and barry callebaut 10 a key focus of the ghanaian sector regulation is quality control by cocobod's quality control company limited (qcc). 11 cocobod may adjust prices mid-season in case of large price fluctuations, but this is rarely the case due to the .

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Jun 23, 2022After several large-scale mergers and acquisitions in the 2010s, the top four grinder-traders (Barry Callebaut, Cargill, Olam 6 and Ecom 7) accounted for 75% of global cocoa processing and trading in 2016-2017, with only two—Barry Callebaut and Cargill—being in charge of nearly half of the market (Fountain and Hütz-Adams 2018 ).

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Alongside the program, grinder‐traders strengthened their upstream domination and geographic expansion by establishing up‐country buying units across the cocoa producing region. This vertical integration and expansion strategy challenges the intricate informal socio‐economic relationship between the smallholder farmers and collectors (or ...

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Based on interviews with actors along the cocoa GVC, we argue that this is related to the price-setting power of 'grinder-traders' and the key role of financial hedging and trading on commodity derivatives markets in their business strategies. Financialisation processes have increased derivatives trading's complexity and short-termism ...

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Global Value Chains and Agribusiness in Africa: Upgrading or Capturing ...

Cocoa Grinder-Traders, Ethics and Trade Monopolies ... low food commodity prices within developing country markets are the product of long-term historical processes of imperial domination in which colonial powers have often used extra-economic ... The transnational grinders/traders then acquired major processing capacity and control over ...

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Grinders, Hoagies And Wedges: What You Call A Sub Sandwich ... - HuffPost

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