The grain trading company is stopping its investments in Russia

By: Trademagazin editor Date: 2022. 03. 16. 11:18

Another large agricultural company has announced that it will stop investing in Russia because of the Russo-Ukrainian war. Cargill has been present in Russia since 1991, writes agrarszektor.hu. A similar move was announced by one of the world’s largest pesticide manufacturers.

Cargill’s investment in Russia stops [/ caption]

Cargill made a big announcement on Monday. The U.S. grain trader, food and feed company, has said it will stop investing in Russia due to the Russo-Ukrainian war, but its businesses there are still operating. Cargill has been present on the Russian market since 1991, exporting and trading in cereals and sunflower seeds, vegetable oils and fats, molasses, starch products and other food ingredients, as well as feed. (agrarszektor.hu, MTI)