Cargill begins shipping 2022 crop from war-torn Ukraine

Cargill Inc., the world’s leading soft commodities trader, has started exporting crops from this year’s crop to war-torn Ukraine, a move that could help drive down global food prices further.

The momentum has been flowing since Russia agreed to renew an agreement to keep export corridors open, Chief Executive Officer David MacLennan said in an interview. The extra shipments are helping lower global food costs, which rose to a record high in March after the Russian invasion of Ukraine choked off supplies from a key producer.

https://www.independent.ie/business/farming/news/farming-news/cargill-starts-shipping-2022-harvest-from-war-torn-ukraine-42190592.html Cargill begins shipping 2022 crop from war-torn Ukraine

Fry Electronics Team

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