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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 |
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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