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ADM Archer Daniels Midland Company

59.21
0.55 (0.94%)
Last Updated: 16:27:23
Delayed by 15 minutes
Share Name Share Symbol Market Type
Archer Daniels Midland Company NYSE:ADM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.55 0.94% 59.21 59.77 58.53 58.82 1,375,698 16:27:23

European 3Q 2014 Cocoa Grind Falls 1.1% on Year - ECA

14/10/2014 11:42am

Dow Jones News


Archer Daniels Midland (NYSE:ADM)
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By Ese Erheriene

Europe's third-quarter cocoa grindings fell 1.1% on the year to 327,866 metric tons, figures from the Brussels-based European Cocoa Association showed Tuesday.

The continent's grindings data, which measure the number of cocoa beans processed, are regarded as a proxy for chocolate demand.

ECA members account for two-thirds of European cocoa bean grindings and half of Europe's industrial chocolate production, as well as 40% of the global production of cocoa liquor, butter and powder.

ECA grinding members include ADM Cocoa, a unit of Archer Daniels Midland Co. (ADM); Barry Callebaut AG (BARN.EB); Delfi Cocoa Europe, a division of Petra Foods Ltd. (P34.SG); ECOM/Dutch Cocoa; Cargill Cocoa & Chocolate; and Nederland SA.

Bean processors include Cioccolato Peyrano, Euromar, Ferrero, Nestle SA (NESN.VX), Mondelez International Inc. (MDLZ) and Toms.

Write to Ese Erheriene at ese.erheriene@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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