There’s So Much Pain in Agriculture That Traders Are Leaving
- ‘The results aren’t what they used to be,’ InfoGrain says
- Agriculture makes up 43% of all job changes in commodities
Agriculture Traders Feel Farming Profit Pressures
This article is for subscribers only.
The success of modern farmers has become the misery of traders at the world’s biggest agriculture merchants.
Profits are shrinking as years of bumper harvests sap volatility and trading opportunities, forcing companies to tighten their belts. Trading houses such as Cofco International Ltd. have reorganized their agriculture units this year, leading to the departure of several business heads. Some are leaving to test their luck elsewhere, while others have thrown in the towel and retired.