Nestlé to help cocoa farmers as global market prices rise

10/22/2009 | Reuters

Nestlé plans to spend $109 million on green initiatives in the next 10 years and today said it would help cocoa farmers produce more beans in the face of rising market prices and concern over global shortages. "This is unheard of for us and it is even predicted for next year, going into a fifth year," said a Nestlé executive after U.S. cocoa futures hit a nearly 30-year high in New York.

View Full Article in:

Reuters

Published in Brief:

SmartBrief Job Listings for Food & Beverage

Job Title Company Location
Teaching Associate (Hospitality Management) - Department of Food Science and Human Nutrition
University of Illinois at Urbana-Champaign
Urbana, IL
Director - CIA Consulting
The Culinary Institute of America
Hyde Park, NY
Culinary Arts Faculty
The Culinary Institute of America
Hyde Park, NY
Director of Food and Beverage Operations
The Culinary Institute of America
San Antonio, TX
Executive Chef - Instructor
The Culinary Institute of America - Nao Restaurant
San Antonio, TX