Notification

23 million people in the Horn, East and Central Africa are facing facing severe levels of hunger. Donate now.

Overview

The world’s largest commodity traders have a significant impact on the modern agri-food system. Archer Daniels Midland (ADM), Bunge, Cargill and Louis Dreyfus, are dominant traders of grain globally and central to the food system, but their role is poorly understood. This report considers the traders – collectively known as the ABCDs – in relation to several global issues pressing on agriculture: the ‘financialization’ of both commodity trade and agricultural production; the emergence of global competitors to the ABCDs; and some implications of large-scale industrial biofuels, a sector in which the ABCDs are closely involved. The report includes a discussion of how smallholders in developing countries are affected by these changes, and highlights some development policy implications. The report highlights the ways in which these four firms are decisive actors in the global restructuring of the overlapping food, feed, and fuel complexes that is now under way, and considers how the firms are evolving as they respond to and shape new pressures and opportunities in the food system.

Additional details

Publisher(s)

ISBN

978-1-78077-150-2

How to cite this resource

Citation styles vary so we recommend you check what is appropriate for your context.  You may choose to cite Oxfam resources as follows:

Author(s)/Editor(s). (Year of publication). Title and sub-title. Place of publication: name of publisher. DOI (where available). URL

Our FAQs page has some examples of this approach.

Related resources

Here are similar items you might be interested in.

Browse all resources