Articles by 第一财经日报

Reflections: How Did a Small Food-Producing Country Like Japan Produce World-Class Grain Giants?

Over the past 30 years, Japanese multinational grain traders such as Marubeni, ZEN-NOH, and Itochu have risen to prominence in the international grain market, rivaling the traditional 'ABCD' giants (ADM, Bunge, Cargill, Louis Dreyfus). Marubeni's data shows that it sells 12 million tons of soybeans annually to China, accounting for 19% of China's 63 million tons of annual soybean imports. After acquiring U.S.-based Gavilon Holdings, Marubeni's annual soybean sales to China reached 15-16 million tons, exceeding a 20% share.