Thursday, April 15, 2021

The Food Industry Giants

 — Four chemical conglomerates—Bayer (German), BASF (German), ChemChina (Chinese) and Corteva (U.S.)—control more than 60% of the world's commercial seeds market.

— Tyson Foods and three other U.S. poultry firms control 60% of the U.S. poultry market. Three global giants—JBS (Brazil), Tyson (U.S.) and Smithfield (China)—control 85% of the U.S. beef market and 71% of the pork market.

— Four multinational grain-trading powers—Cargill, ADM, Bunge and Dreyfus—control 90% of all grain (corn, wheat, rice, etc.) marketed in the world.

— John Deere and Italian conglomerate CNH Industrial control nearly half of the U.S. market for tractors and other farm machinery (even using their monopoly clout to prohibit farmers from repairing their own machines, forcing them to travel to expensive authorized dealers for repairs).

— Multibillion-dollar Wall Street speculators are the nation's biggest buyers of farmland, jacking up per-acre prices beyond what family farmers (especially young people trying to get into farming) can pay; indeed, the largest owner of U.S. ag land is superrich tech mogul Bill Gates, who holds land in almost 20 states that would amount to a nearly 400-square-mile farm (bigger than four Seattles, the sprawling metropolis where he lives).

Opinion | To Bust Monopoly Power, Start With the Companies Controlling Our Food (

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