Four major international companies control most of the world’s grain trade and these are collectively referred to as the ABCD of international trade. The A is ADM (Archer Daniels Midlands), B is Bunge, C is Cargill and D is (Louis) Dreyfus. Between them, these four companies handle between 75% and 90% of the global grain trade.

During the ITLUS tour last June, we took the opportunity to meet Jason Klootwyk from Bunge in Burlington on the banks of the Mississippi. Jason told us that most of the company’s grain assets are along the river because it has a strong emphasis on exports and water is the cheapest form of bulk transport.