Over the last thirty years, we have witnessed a massive consolidation of our food system. Never have so few corporations been responsible for more of our food chain. Of the 40,000 food items in a typical U.S. grocery store, more than half are now brought to us by just 10 corporations. Today, three companies process more than 70 percent of all U.S. beef, Tyson, Cargill and JBS. More than 90 percent of soybean seeds and 80 percent of corn seeds used in the United States are sold by just one company: Monsanto. Four companies are responsible for up to 90 percent of the global trade in grain. And one in four food dollars is spent at Walmart.
What does this matter for those of us who eat? Corporate control of our food system has led to the loss of millions of family farmers, the destruction of soil fertility, the pollution of our water, and health epidemics including type 2 diabetes, heart disease, and even certain forms of cancer. More and more, the choices that determine the food on our shelves are made by corporations concerned less with protecting our health, our environment, or our jobs than with profit margins and executive bonuses.
This consolidation also fuels the influence of concentrated economic power in politics: Last year alone, the biggest food companies spent tens of millions lobbying on Capitol Hill with more than $37 million used in the fight against junk food marketing guidelines for kids.
On a global scale, the consolidation of our food system has meant devastation for farmers, forests and the climate. Take the controversial food additive palm oil. In the past decade, palm oil has become the most widely traded vegetable oil in the world and is now found in half of all packaged goods on U.S. grocery store shelves. But the large-scale production of palm oil — driven by agribusiness demand for the relatively cheap ingredient — has come at a cost: palm oil plantations in Indonesia and Malaysia are razing rainforests, releasing massive quantities of greenhouse gases and displacing Indigenous communities.
(Source: The Huffington Post)