Hi there,

It is the job of the press to cover power, not cover for power—to hold those in power accountable by documenting what's happening on the ground and amplifying voices at the grassroots. In this critical moment, as attacks on the media escalate, we must continue to cover crackdowns on dissent, immigrants, the LGBTQ+ community, public health and academic freedom. If our journalism is important to you, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Profits Soar for Global Agribusinesses & Speculators

HeadlineApr 28, 2008

A new report from the non-profit group GRAIN has found that global agribusiness firms, traders and speculators are raking in huge profits due to the global food crisis. Cargill, the world’s biggest grain trader, achieved an 86 percent increase in profits from commodity trading in the first quarter of this year. The agribusiness giant Bunge had a 77 percent increase in profits during the last quarter of last year. And Archer Daniels Midland Company registered a 67 percent increase in profits in 2007.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top