Friday, March 31, 2023

Viterra bows out of Russia

Viterra has announced it will stop trading Russian grain.


Its announcement comes hard on the heels of Cargill’s decision to stop trading Russian grain at the end of this crop year, July 31.


The decisions flow from Russia’s invasion of the Ukraine last year.


Viterra, which owns the former Alberta, Saskatchewan and Manitoba wheat pools, is partially owned by mining giant Glencore of Switzerland.