Minneapolis' Cargill, Inc., the biggest U.S. grain company, has been in plenty of trouble for its shenanigans on the commodity exchanges. In 1938 it was cited by the Commodity Exchange Authority for cornering the market in corn futures; three of its officers and a subsidiary company were expelled from the Chicago Board of Trade. In December 1952 the company was indicted for converting to its own and its customers' use 80,000 bushels of corn stored for the Commodity Credit Corp. (The case is still to be tried.) Last week Cargill was in...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!