Out of the Shadows

By Jonathan Kingsman,

Book cover of Out of the Shadows: The New Merchants of Grain

Book description

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…

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Why read it?

1 author picked Out of the Shadows as one of their favorite books. Why do they recommend it?

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).

From Don's list on how the world really works.

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