Why did I love this book?
This book reveals a substantial but obscure piece of the world economy. It's gonna blow your mind how much grains influence the world. Corn is in food and packaging and gasoline. Palm oil is in everything. Wheat, rice, soybeans…apparently billions of people eat this stuff. Commodities futures trading is about high finance but also farming, land use, biotech, politics, and climate change. Kingsman is a lively writer, considering he's a career commodities trader, and he interviews insiders at companies including the "ABCD" giants -- ADM, Bunge, Cargill, and Dreyfus (of the Julia Louis-Dreyfuses).
1 author picked Out of the Shadows as one of their favorite books, and they share why you should read it.
In 1979, Dan Morgan, a journalist with the Washington Post, wrote Merchants of Grain, a definitive history of the international grain trade. In the 40 years since Dan’s book was published the grain markets have changed almost beyond recognition. So too have the merchants of grain. Once shadowy figures, grain merchants have now come out of the shadows. Almost everything that you eat or drink today will contain something bought, stored, transported, processed, shipped, distributed or sold by one of the seven giants of the agricultural supply chain. The media often refers to them as the ABCD group of international…
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