Bloomberg recently published an article that has circulated amongst commodity traders globally.
The article stated that with shrinking profits in agriculture along with low volatility and minimal trading opportunities, the reorganization of agriculture business is vast. The article goes on to list departure of business heads at firms such as ADM, CHS, Cofco, Engelhart, and Louis Dreyfus.
Farm storage and more available market data are mentioned as a reason to increased competition as growers and consumers can make increasingly favorable deals at the expense of the top merchants.
The market mentions the sugar market as an example. Slumping prices and increased competition are proving difficult for leading sugar traders to turn a profit.
While the global sentiment toward agricultural commodity markets is one of fear and uncertainty, we at Pack Creek Capital welcome this sentiment as an opportunity. We are on the same side of the trade as our clients and understand that subdued prices require smarter trading strategies to deliver positive returns. Our Managed Hedge ProgramTM is here to do just that.

Full article here: https://www.bloomberg.com/news/articles/2017-10-17/there-s-so-much-pain-in-agriculture-that-traders-are-leaving