BRICS have the world's largest grain traders in their sights

The BRICS group of countries are some of the biggest sellers and buyers of grain. They have launched a joint inquiry into potential monopolies in the global grain trade. On July 9, competition authorities from the BRICS group met at a closed meeting in Geneva at the UN Trade and Development (UNCTAD) headquarters. The objective of the meeting was to tackle the market dominance of the biggest players in the global grain trade: ADM, Bunge, COFCO, Cargill and LDC (known collectively as ABCD+). Th...

By swissinfo.ch