Archive for March 14th, 2022

MINNEAPOLIS, MINNESOTA, US — Cargill, one of Russia’s largest agribusiness investors, said in a March 11 statement that it will scale back its business activities and discontinue investments while continuing to operate its food and feed facilities in response to Russia’s Feb. 24 invasion of Ukraine. Archer Daniels Midland Co., which has a smaller footprint in Russia, said on March 14, it would scale back as well.

Cargill has a large presence in Russia, with about 2,500 employees and investments in ...