Description
Book Synopsis: In 1979, Dan Morgan, a journalist with the Washington Post, wrote Merchants of Grain, a definitive history of the international grain trade. In the 40 years since Dan's book was published the grain markets have changed almost beyond recognition. So too have the merchants of grain. Once shadowy figures, grain merchants have now come out of the shadows. Almost everything that you eat or drink today will contain something bought, stored, transported, processed, shipped, distributed or sold by one of the seven giants of the agricultural supply chain. The media often refers to them as the ABCD group of international grain-trading companies, with ABCD standing for ADM, Bunge, Cargill and Dreyfus. The acronym, though, ignores the other three giants of the food supply: Glencore, COFCO International and Wilmar. Together, they handle 50 percent of the international trade in grain and oilseeds. In this book's series of exclusive and unprecedented interviews, CEOs and senior traders from these seven giants describe in their own words how the agricultural markets are changing, and how they are adapting to those changes. Accompanying text explains how grain trading works, what grain traders do, and the journey that your food takes before arriving on your plate. This is the inside story of the grain market and of the seven companies at the centre of the world's food supply.
Details
Out of the Shadows: The New Merchants of Grain is a groundbreaking book that unveils the hidden world of the international grain trade. Written by esteemed journalist Dan Morgan, this book is a must-read for anyone curious about the ever-evolving grain markets. From the moment you wake up until you go to bed, the seven giants of the agricultural supply chain play a crucial role in your daily life. Their impact is so immense that almost everything you consume, be it food or beverages, contains something that made its way through their hands.
When it comes to global grain-trading powerhouses, the media often focuses on the ABCD group – ADM, Bunge, Cargill, and Dreyfus. However, this acronym overlooks the other three titans that complete the equation: Glencore, COFCO International, and Wilmar. These giants collectively handle a staggering 50 percent of the world's grain and oilseed trade. Now, in this exclusive series of interviews, top executives and senior traders from all seven companies share their deep insights into the agricultural markets. They reveal firsthand how these markets are constantly changing and how these giants adapt to stay ahead.
Out of the Shadows also offers a comprehensive explanation of how grain trading operates. Discover the intricate processes involved in buying, storing, transporting, processing, shipping, distributing, and selling grain. Gain a deeper understanding of what grain traders do and how they ensure your food reaches your plate. This book is the ultimate inside story of the grain market, shining a light on the seven companies that form the backbone of the global food supply.
If you're fascinated by the inner workings of the agricultural industry and want to stay ahead of the game, don't miss out on this extraordinary book. Get your copy of Out of the Shadows: The New Merchants of Grain here and embark on a captivating journey through the world of grain trading.
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