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Media type:
E-Article
Title:
ABCD and beyond: From grain merchants to agricultural value chain managers
Contributor:
Clapp, Jennifer
imprint:
University of Waterloo, 2015
Published in:Canadian Food Studies / La Revue canadienne des études sur l'alimentation
Language:
Not determined
DOI:
10.15353/cfs-rcea.v2i2.84
ISSN:
2292-3071
Origination:
Footnote:
Description:
<jats:p>The world of agricultural commodity trading firms has changed over the years, although corporate concentration has long been a defining feature of this sector. The four dominant agricultural trading firms—the ABCDs (ADM, Bunge, Cargill and Louis-Dreyfus)—have a long history dating back to the 1800s and early 1900s. First established as private, family-owned grain merchant companies with specific geographical specialties, these firms have since evolved to be quite complex companies. They buy and sell grain as well as a host of other agricultural and non-agricultural commodities, while they also undertake a range of activities from finance to production to processing and distribution. New entrants into this space have also taken on complex structures and activities in a bid to stay competitive.</jats:p>