Russia Targets North American-Owned Grain Terminals in Ukraine

Sites owned by Viterra and Bunge struck in Wednesday attacks

Ukraine map highlighted VIA PIXABAY feb 2022

Infrastructure owned by two major agriculture traders was damaged in Russian attacks at one of the biggest crop-handling ports in Ukraine, adding to the mounting losses suffered by its farm sector, reportsBloomberg.

Rocket strikes on the Ukrainian port city of Mykolayiv on Wednesday damaged a terminal owned by agricultural traderViterra, and the site is on fire, a company spokesperson said.Bunge Ltd.also said one of its facilities was hit and a city rescue brigade was at the site.

根据报告的Wall Street Journal, Viterra said one employee was treated for burns. Bunge said there had been no casualties at its plant, which has been closed since Russia’s invasion began.

TheJournalreport noted a large sunflower-oil processing plant and other grain terminals have also been hit during the war, and Wednesday’s attack is thesecond time Bunge has been targeted.

Turkey, Russia continue negotiations

The grain terminal uattacks come even as delegations from Turkey and Russia said they held a“positive” meeting in Moscowon the exit of grain-laden ships from Ukraine.

Russia’s invasion has left about18 million metric tons of grain strandedin Ukraine, heightening fears of a global food crisis and driving up the cost of food worldwide. The issue is compounding for Ukrainian farmers, whose fields and equipment have been targeted and arerunning out of storage space.

President Joe Biden saidthe U.S. will build temporary siloson Poland’s border with Ukraine tofacilitate the export of grainout of Ukraine.

There have beenseveral plansfloated to get Ukrainian grain moving again. But a solution won't solve the problem overnight.

“‘Even if an agreement were reached today, safe passage could take months to complete,"Rabobankanalysts said Wednesday in an emailed note.

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