Major agricultural trading companies have suspended its operations and offices in Ukraine following Russia's attack on the country.
Archer Daniel Midlands (ADM) told Argus it shut its facilities "following security protocols and government guidelines". ADM operates an oilseed crushing plant in Chornomorsk, a grain terminal at the port of Odessa and five inland one river silos. It has a trading office in Kyiv and employs more than 600 people in Ukraine.
Bunge has temporarily suspended its operations at processing facilities in Nikolaev and Dnipro, and closed its offices. It employs more than 1,000 people in Ukraine at the processing facilities, at grain elevators and at a grain export terminal in the Nikolaev commercial seaport. Bunge also operates through a joint venture with the Dacsa group, a dry corn milling facility in the Vinnytsya region.
Louis Dreyfus (LDC) said it is "monitoring the situation closely", but did not comment on any suspensions of operations. LDC operates a multi-commodity port terminal at Odessa and four grains and oilseeds warehouses with total storage capacity of 250,000t. It owns warehouses in the Vinnytsia and Cherkasy region with total oilseeds and grains storage capacity of around 248,000t.
Cargill was unavailable for comment. It has more than 500 employees in Ukraine with offices in Kyiv, Kakhovka, Lvyv, Kutsovka and Braginovka working on wheat, barley, corn and sunflower seed processing, as well as rapeseed, soy, and animal feed production and distribution.
