Stock Groups

ADM shuts Ukraine grains terminal, crush plant, other facilities after Russia invasion -Breaking

[ad_1]

© Reuters. FILE PHOTO : A screen shows the Archer Daniels Midland Co.’s logo on the New York Stock Exchange floor in New York on May 3, 2018. REUTERS/Brendan McDermid

(Reuters) – U.S. agricultural commodities trader Archer-Daniels-Midland Co said on Thursday it has shuttered its facilities in Ukraine, including an oilseed crush plant and a grain export terminal, after the country was invaded by Russia.

ADM manages a grain port terminal at Odessa as well as an oilseed crushing and plant in Chornomorsk. According to the website, it also has five silos inland and one silos on the river. ADM employs over 630 people.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this website’s data including quotes, charts, or buy/sell signal information. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]