Another grain-trading giant to exit Russia – Bloomberg ...News

The move is expected to give domestic companies more control over the nation’s vast food resources, the agency claims Chicago-based Archer-Daniels-Midland (ADM) has joined the latest exodus of commodities traders opting to pull out from Russia, the world’s top wheat exporter, Bloomberg reports on Friday, citing people familiar with the matter. The company is reportedly reviewing its 50% stake in a joint venture with Russian partner Aston, which was launched five years ago to processes corn for producing sweeteners and starches for the food and beverage industry in the country. Earlier this week, Bloomberg cited un

Read More Details
Finally We wish PressBee provided you with enough information of ( Another grain-trading giant to exit Russia – Bloomberg )

Also on site :

• Beloved Country Music Star Pays Tribute To Classic Judy Garland Song With 'Somewhere Over Laredo'
• Attacks by over 100 Ukrainian drones repelled overnight – MOD
• “It Felt Legendary”: Victoria Konefal on Finally Filming With Peter Reckell as Bo on ‘Days of Our Lives’