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Toepfer International
Toepfer International (Alfred C. Toepfer International G.m.b.H.) was a German-based commodity trading firm. Founded by Alfred Toepfer in 1919, it was based in Hamburg, Germany. The company did most of the grain trading for the global food and agribusiness corporation Archer Daniels Midland, which owned 80% of its stock. The other 20% of the stock was held by the French French (french: français(e), link=no) may refer to: * Something of, from, or related to France ** French language, which originated in France, and its various dialects and accents ** French people, a nation and ethnic group identified with Franc ... company InVivo. In 2014, ADM International completed the takeover of Toepfer International. The Toepfer office in Hamburg was renamed ADM Germany GmbH and dealt with the marketing and distribution of feedstuffs in Germany. References Companies based in Hamburg Financial services companies of Germany {{Hamburg-stub ...
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Commodity
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude oil, Maize, corn, and gold. Other definitions of commodity include something useful or valued and an alternative ter ...
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Alfred Toepfer
Alfred Carl Toepfer (13 July 1894 in Hamburg – 8 October 1993 in Hamburg) was a German entrepreneur, owner of the company Toepfer International and founder of the Alfred Toepfer Foundation. He helped to shape the original internal markets of the European Coal and Steel Community, and was a philanthropist known for his celebration of the arts, sciences, and nature. Early life Toepfer was born in 1894 in Lüneburg Heath, the son of a merchant. He lived on a farm and completed an apprenticeship while learning several languages at school. Early 1912, he joined the Wandervogel, and was greatly influenced by the historian Julius Langbehn. Its leader Hans Breuer shaped his thinking, especially his call for reflection on one's own folklore. In 1913 Toepfer was one of the participants in the meeting of the first Free German Youth Day. World War I The following year he joined the Army as an infantryman, serving in World War I and participating in the Battle of Masurian, the Second B ...
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