Agriculture and Food

The report provides a better understanding of the broader contours of public action in the various segments of global food value chains

The research project, prepared In the context of the BRICS competition authorities' cooperation, aims to provide the first in-depth analysis of the regulation, from a competition policy perspective, of the food industry by the BRICS countries, and selected developed countries (European Union, United States).

In 2025, the BRICS Competition Centre presented the scientific report “From Fields to Futures: Competition, Financialisation, and Digitalisation in Global Grain Value Chains” on the sidelines of the I 9th BRICS International Competition Conference in Cape Town (South Africa).

The study proposes an innovative approach to market analysis, focusing on global processes. Rather than the traditional antitrust approach that concentrates on horizontal competition, this study shifts the focus to vertical competition—the interaction between various levels of the supply chain, from manufacturers and traders to infrastructure operators and financial intermediaries. The report specifically examines the activities of global grain traders within the context of economic and technological changes in the markets of the BRICS countries.

Project Materials

16.09.2025 Article
From Fields to Futures: Competition, Financialization and Digitalization in Global Grain Value Chains
The report analyzes the hidden mechanisms of market power concentration in global grain trade, dominated by the major agricultural commodity traders — the ABCD+ group (ADM, Bunge, Cargill, LDC, and satellite traders).