Friday, February 12, 2010

How Agri-Food Corporations Make the World Hungry

from Food Freedom.  
The root cause of this insecurity is the food system itself, which is controlled by a handful of global monopolies. In fact, the crisis comes at a time of record global profits for the world's agri-food corporations. Archer Daniel Midland, Cargill, Monsanto, General Foods, and Wal-Mart all posted profit increases in 2008 of 20% to 86%. For Mosaic, a fertilizer subsidy of Cargill, profits increased by a stunning 1200%.