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#Greedflation:

These food companies: Archer-Daniels-Midland & Bunge +prv. owned Cargill & Dreyfus control ~70%–90% of the world grain mkt.

“They caused significant harm to the economy as a whole🚨-Global GDP could be 8% higher than it is now had market power not risen. Labor income: likely significantly lower, & econ. dynamism: weaker -with poorer choice, worse product quality & fewer economic opps. than in a counterfactual world where big corps. were less dominant."

https://www.theguardian.com/business/2023/dec/07/greedflation-corporate-profiteering-boosted-global-prices-study