U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by mistrial9 on Friday August 16, 2019 @08:38PM (#20721073)

"Cargill is America’s largest privately-owned company, surpassing the second place Koch Brothers by billions of dollars in annual revenues. Cargill is the corporate behemoth at the nexus of the global industrial agriculture system, a system that it has designed to convert large swaths of the planet into chemically dependent industrial scale monocultures to produce cheap meat, palm oil, and chocolate."

http://www.mightyearth.org/cargillreport

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Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by paganel on Saturday August 17, 2019 @11:23AM (#20724476)

Cargill has also slowly but steadily increased its presence around my parts of the world (Romania), taking advantage of one of the most nutrient soils on this planet, chernozem [1].

If you look at this map [2] is the stuff colored in green. Most of it can be found in the US Great Plains, and the second such zone comprises South-Eastern Romania + most of Ukraine + the plains North of the Caucasus (which are part of Russia). Making money out of Romania is easy, we are already a NATO and UE member, but the great stake for companies like Cargill is to be able to invest and take money out of Ukraine's plains, I think there are hundreds of billions to be made out there, not to speak of the strategic advantage of having Tsarist Russia's former bread-basket under your economic control.

[1] https://en.wikipedia.org/wiki/Chernozem

[2] http://i.imgur.com/TmKdaFz.jpg

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Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by xster on Saturday August 17, 2019 @01:46AM (#20722353)

Oh jesus, TIL. Thanks for sharing.

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