Viterra to exit Russian grain trade - Bloomberg

Cargill will also stop grain trade in Russia
calendar icon 31 March 2023
clock icon 1 minute read

Global grain trader Viterra is planning to stop grain trading in Russia, the world's largest wheat exporter, Bloomberg News reported on Wednesday, citing people familiar with the matter.

According to a Reuters article, this comes after Russia said US trading giant Cargill had told the agriculture ministry it would stop exporting Russian grain from the start of the next exporting season, which begins on July 1.

Viterra was not immediately available to comment.

Most international grain traders have been scaling back their activities in Russia since last year following Moscow's invasion of Ukraine.

Viterra, part-owned by Switzerland-based mining and trading giant Glencore, is one of the largest exporters of Russian wheat.

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