Cargill Starts Shipping 2022 Harvest From War-Torn Ukraine
- “We are getting new crop out,” CEO MacLennan says in interview
- Trader no longer controls two of its Ukraine sunflower plants
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Cargill Inc., the world’s top agricultural commodities trader, has started to export crops from this year’s harvest in war-torn Ukraine, a move that could help further ease global food prices.
Shipments are flowing since Russia agreed to renew an agreement to keep export corridors open, Chief Executive Officer David MacLennan said in an interview. The additional shipments are helping push down world food costs, which jumped to a record in March after Russia’s invasion of Ukraine choked off supplies from a key producer.