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The people in charge of feeding the world are changing. Last week Cargill named the ninth chief executive in its 148-year history, a move that followed new CEO appointments at rivals Bunge and Louis Dreyfus Commodities in June. The leadership
The core businesses of companies like ADM, Bunge and Cargill make money by buying, selling, transporting, storing and processing grains and oilseeds. Margins are typically thin, but volumes are massive when crop supplies are ample - and prices low - as they currently are.
All eyes on ADM and Bunge after Cargill.