Who is the biggest grain trader?
The world's largest commodity traders have a significant impact on the modern agri-food system.
Who is the largest grain trader in the world?
Archer Daniels Midland Co. (United States) is a major agricultural processing and trading firm, the world's second largest grain trader after Cargill. Much of its trading operations are through its German-based trading arm Toepfer International, in which ADM has an 80 percent share.
Who are the Big 4 grain companies?
Archer Daniels, Bunge, Cargills, and Louis Dreyfuss control 90% of the global grain trade, plus considerable parts of the food processing chain. Collectively known as the ABCD companies, they may not be as recognizable as the big four oil or tech names but approach them in their economic clout.
Who are the four major grain merchants?
The first introduces the four big commodity traders – Archer Daniels Midland (ADM), Bunge, Cargill, and Louis Dreyfus – which are the focus of this study. Collectively, these trading companies are often referred to as 'the ABCD companies' because of the coincidence of their initials.
Who is the world's largest agricultural trader?
The United States is the world's second largest agricultural trader, after the European Union.
Who is the top 3 grain exporters in the world?
| Country | Exports (1000 MT¹) | |
|---|---|---|
| 1 | Russia | 33 |
| 2 | European Union | 31 |
| 3 | Australia | 28 |
| 4 | United States | 22 |
Who are the top grain traders in the world?
- 2022 Grain & Milling Annual Top 10 Grain Majors. ...
- Archer Daniels Midland Co. ...
- CHS, Inc. ...
- Gavilon Group. ...
- Cargill. ...
- CGB Enterprises, Inc. ...
- The Andersons, Inc. ...
- NEW Cooperative, Inc.
Who controls the grain market?
Only four corporations—ADM, Bunge, Cargill and Dreyfus—control more than 75 percent of the global grain trade. They overwhelmingly push commodity crops like corn and soy on local farmers at the expense of native crops.
Who produces the most grain in the US?
North Dakota is ranked as the top producer of wheat in the USA. The states possess great climatic conditions and diversity in crop production. It is one of the leading producers of sunflower and honey in America. North Dakota is rich in the plantations of carinata, fav beans, and hops, as well.
Who owns Cargill grain?
The Cargill-MacMillan family owns Cargill, America's largest private company with revenues of $177 billion. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa.
Who buys grain from farmers?
Among the nation's largest grain companies, Perdue AgriBusiness buys grain from local farmers and dealers for feed manufacturing, further processing, and domestic and international merchandising.
Who sets grain prices?
The supply and demand for grain simultaneously determine both the price of grain, as well as the demand for grain transportation. Therefore, while it can be a complicated relationship, grain price data over time and across space shed light on the temporal and spatial dimensions of grain transportation demand.
Who buys American grain?
China has accelerated purchases of U.S. wheat as the world's top importer looks to offset domestic losses from heavy rains. Total commitments of U.S. wheat to China have surpassed 2 million tons since June, driven largely by strong demand for soft red winter wheat.
Is there a billionaire farmer?
The Simplot family's Idaho-based farm and food business includes more than 400,000 acres of potatoes and other crops. Billionaires Stewart and Lynda Resnick own almost 200,000 acres of farmland, growing orchards of pomegranates and pistachios .
Who is the richest farmer in America?
Stewart Allen Resnick (born December 24, 1936) is an American billionaire businessman. In 2018, Resnick was the wealthiest farmer in the United States.
Who is the wealthiest farmer?
Qin Yinglin (Chinese: 秦英林; pinyin: Qín Yīnglín, born 1965) is a Chinese agriculture tycoon, billionaire, Communist Party member, and the world's richest farmer. He is the chair and president of the pig farming company Muyuan Foodstuff and is one of the richest people in China. According to Bloomberg Billionaires Index, ...
What country buys the most grain?
| Characteristic | Consumption in thousand metric tons |
|---|---|
| China | 153,500 |
| European Union | 110,000 |
| India | 109,904 |
| Russia | 43,000 |
What is the number one grain crop in the world?
This statistic shows the worldwide production of grain in 2023/24, sorted by type. In that year, worldwide wheat production came to about 784.91 million metric tons. The most important grain was corn, based on a production amount of over 1.2 billion metric tons.
Who is the number 1 grain exporter in the world?
Russia dominates the grain export market, with only a dozen nations supplying the world market with the key commodity to produce the most basic of staples for much of the world: bread.
Who sells the most wheat in the world?
Russia: Fields of Abundance
Russia reigns as the world's largest wheat exporter, exporting a staggering 37.6 million metric tons in 2020. Its expansive agricultural lands, particularly in the southern regions of Krasnodar and Rostov, contribute to its impressive output.
What is the biggest grain farm in the world?
By far, the biggest farm in the world (in terms of acreage) is the Mudanjiang City Mega Farm in Heilongjiang, China. This astounding farm manages 22,500,000 acres.
Who owns all the seeds in America?
BASF, Bayer/Monsanto, ChemChina-Syngenta, and Corteva Agriscience are the four big corporations that currently own the rights to over two thirds of the world's seed and pesticide sales.
Who owns Monsanto?
Leverkusen, June 7, 2018 - Bayer successfully completed the acquisition of Monsanto on Thursday. Shares in the U.S. company will no longer be traded on the New York Stock Exchange, with Bayer now the sole owner of Monsanto Company.
Is Monsanto a monopoly?
The central argument of this work is that Monsanto comes as close as a company can to being a pure case of monopoly corporate power.
What is the largest grain crop in the US?
The largest United States crop in terms of total production is corn, the majority of which is grown in a region known as the Corn Belt. The second largest crop grown in the United States is soybeans. As with corn, soybeans are primarily grown in the Midwestern states.
