Which brands are part of Cargill:
TM Purina, Provimi, Cargill Cotton
What Cargill makes:
Engaged in sales of grain, oil, sugar, cocoa products, beef, pork, turkey meat, etc. In addition, the company is also a large producer of agricultural products
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April 1, 2022 - boycott russia official:
"On the very first day of Russia's war against Ukraine, February 24, a Russian projectile hit a ship called Yasa Jupiter chartered by one of the world's largest grain traders, Kargil.
Despite the attack, the company says it has no plans to leave Russia. Trade experts say Cargill's decision to stay in the country is also an attempt to hold on to market share when it comes to domestic competitors.
This is unacceptable! Big companies must act! Putin must know that his acts of injustice and terror will not be tolerated in the world. "
Source
March 29, 2023 - economic truth:
"One of the world's largest grain suppliers, Cargill, will stop exporting from the Russian Federation.
It is noted that the Russian "daughter" of the American corporation will stop exporting grain from the Russian Federation in the next agricultural year (the next agricultural year will begin on July 1, 2023 and last until June 30, 2024).
The Russian "daughter" also announced that it is starting to review the portfolio of assets related to the export of grain that it owns. At the same time, it is reported that changes regarding "any other types of activities and assets of Cargill in Russia are not planned or considered."
Source
Has Cargill left the Russian market? February 19, 2024 - kse institute:
Food and feed enterprises in Russia continue to operate:
"Collapse of Russian business. New investments have been suspended, non-essential operations have been indefinitely closed. The Russian "daughter" of the American corporation Cargill will stop exporting grain from Russia in the next agricultural year. In the letter, the company reports that in the next agricultural season 2023/24 (beginning on July 1, 2023 and lasting until June 30, 2024), Cargill LLC does not plan to export grain from Russia "in accordance with the previously discussed issues of grain export and the recommendations of the Ministry of Agriculture." At the same time, the company promised that the shipments planned for the current 2022/23 season will be carried out "in full in accordance with the existing quota." Cargill confirmed to S&P Global that it still intends to buy and sell Russian grain. A representative of the Russian Union of Grain Exporters stated that "Cargill has decided to close one of its business lines, but not to leave the Russian market."
Source
Who has not left the Russian market? September 16, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Cargill status according to the analysis: unspecified scaling down of non-essential operations
Source
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Brands: TM Purina, Provimi, Cargill Cotton
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