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EconTalk

Greg Page on Food, Agriculture, and Cargill

EconTalk

Library of Economics and Liberty

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4.74.4K Ratings

🗓️ 12 January 2015

⏱️ 62 minutes

🧾️ Download transcript

Summary

Greg Page, former CEO of Cargill, the largest privately-held company in America, talks to EconTalk host Russ Roberts about the global food supply and the challenges of running a company with employees and activity all over the world. Page talks about the role of prices in global food markets in signaling information and prompting changes in response to those signals. Other topics include government's role in agriculture, the locavore movement and genetically modified organisms (GMOs).

Transcript

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0:00.0

Welcome to Econ Talk, part of the Library of Economics and Liberty.

0:06.4

I'm your host, Russ Roberts of Stanford University's Hoover Institution.

0:11.0

Our website is econtalk.org where you can subscribe, comment on this podcast, and find links

0:16.2

and other information related to today's conversation.

0:19.0

You'll also find our archives where you can listen to every episode we've ever done

0:23.1

going back to 2006.

0:25.4

Our email address is mailadycontalk.org.

0:27.9

We'd love to hear from you.

0:32.0

Today is January 5, 2015, and before introducing today's guest, I want to encourage listeners

0:37.1

to go to econtalk.org.

0:39.5

And in the upper left-hand corner of the page, you'll find a link to a survey where you can

0:43.0

tell me a little bit about yourself and vote for your five favorite episodes of 2014.

0:49.1

Now for today's guest, he is Greg Page, the executive chairman and former CEO of CarGill,

0:55.0

the world's largest privately held company with revenues into 2013 of about $136 billion.

1:01.6

They have about 142,000 employees, and they're involved in all many, many aspects of the

1:08.1

food business.

1:09.1

Greg, welcome to econtalk.

1:10.1

Good to be with you, Russ.

1:12.9

Let's start with what CarGill does.

1:14.7

I said you're involved in the food industry, and now that doesn't begin to cover it.

1:18.3

Talk, and I know you can't do that.

1:20.5

If we had the whole hour on this, I'm sure you could cover it.

...

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