Bartlett Grain - agricultural commodity traders The global food crisis: ABCD of food – how the multinationals dominate trade | Felicity Lawrence | Global development By mid-morning snack you will certainly have encountered their products several times already wherever you are in the world, whether it is the corn in your flakes, the wheat in your bread, the orange in your juice, the sugar in your jam, the chocolate on your biscuit, the coffee in your cup. By the end of the day, if you've eaten beef, chicken or pork, consumed anything containing salt, gums, starches, gluten, sweeteners, or fats, or bought a ready meal or a takeaway, they will have shaped your consumption even further. And yet, the four giant transnationals that dominate the raw materials of the global food system have largely stayed below the radar of European consumers. Known as the ABCD group for the alphabetic convenience of their initials, ADM, Bunge, Cargill and (Louis) Dreyfus, account for between 75% and 90% of the global grain trade, according to estimates. US-based Cargill with the highest revenues, is the largest private company in the world – and famous for its secrecy.
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