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There’s So Much Pain in Agriculture That Traders Are Leaving

Oct 18, 2017 at 08:05 AM CST
https://www.bloomberg.com/news/articles/2017-10-17/there-s-so-much-pain-in-agriculture-that-traders-are-leaving

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.