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Video: Making a Killing From the Food Crisis Print E-mail
Contributed by J. R. Ransom   
Food Crisis Profits
Food Crisis Profits
Video (4min 29sec): Making a Killing From the Food Crisis. Devlin Kuyek: "Right now Cargill is making approximately $471,000 an hour in profits."

"In the midst of all this, in the global food system that's been created over the past few decades you have some corporations that sit in the middle of it all and who have taken a stronger and stronger position in managing the food system. They're the ones who are profiting immensely now from this food crisis.

"So, even though we're in a situation where millions of people can no longer afford to fill their basic food needs you have corporations making record profits. A company like Cargill which is one of the world's biggest grain traders - there are only small number of companies that control the trade in basic cereals - and Cargill's one of these companies, and it's profits are higher than they've been in years..."


 
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