ABC's accused of rainforest destruction
Chicago Board of Trade was stage this week to a protest
against destruction of the South American rainforest. Five protesters were
arrested after unfurling a giant banner accusing ADM, Bunge and Cargill of
Four of the protesters, who claimed to be from a group called Rainforest
Action Network, climbed the downtown Chicago CBOT building to unfold a 15 metres
long banner that declared Archer Daniels Midland (ADM), Bunge and Cargill as the
"ABC's of rainforest destruction," according to several Chicago-based media
The police arrested climbers and the coordinator on the
ADM is one of the largest actors in procuring,
transporting, storing, processing, and merchandising oilseeds, corn and
The company in the US operates 23 wheat flour
mills, a bulgur plant, two corn flour mills, two sorghum mills, and 20 foreign
flour mills with a total daily milling capacity of approximately 26,700 metric
tons. It also operates six bakery mix plants.
Bunge is a
Bermuda-based holding company. Through its subsidiaries, the company operates as
an integrated, global agribusiness and food company operating in the
farm-to-consumer food chain.
It operates through three divisions:
agribusiness, fertilizer and food products. Bunge is the largest oilseed
processor in the world.
Cargill an agricultural giant that had $88 billion
in sales last year, has operations in 66 countries, including a large operation
in South America, where it buys and processes soybeans used for vegetable oil
and animal feed.
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