The world will need to produce as much food in the next forty years as it did in the past 8,000 years. Moving that food to where it is needed will require a massive investment in logistics, in port and transport infrastructure, as well as in distribution, processing and packaging networks within countries. Governments will not make those investments. Instead the task will fall on the world’s commodity trading (merchandising) companies.

When most people think of agricultural commodity merchants, they imagine dubious characters manipulating markets and pushing up food prices. Few people understand what agricultural traders actually do, and how their markets function. This book is intended to at least partly correct that.

Commodity Conversations is available on Amazon


Commodity Conversations Weekly Press Summary

Louis Dreyfus, Cargill, Bunge and Archer Daniels Midland (ADM) announced they will be working together as part of an industry-wide collaboration to make agricultural shipping transactions completely standardised and digital. The companies explained that using blockchain technology and artificial intelligence (AI) would significantly reduce costs as well as improve transparency. The process, which has already …

Commodity Conversations Weekly Press Summary

Nestle and Unilever both reported strong third-quarter sales this week, helped by a strategy to increase prices, or “premiumisation”, as Nestle calls it. The firms pointed to higher oil prices and a stronger dollar as part of the motivations to increase prices, although Unilever said the move could eventually lead to a slight drop in …