CHICAGO, Ill. (Reuters) — Cargill Inc. will stop selling seeds, fertilizer and crop chemicals to farmers in the Black Sea region as it continues to cut back operations in the face of sliding commodity prices.
The company is in the middle of restructuring to improve the way it responds to market swings.
Cargill will immediately start winding down its crop input business in Russia, Ukraine, Romania and Hungary and completely leave the business in the region by the end of May.
