ADM Urges Reinstatement of Grain Corridor
ADM Urges Reinstatement of Grain Corridor
7/17/2023
CHICAGO—ADM (NYSE: ADM) today issued the following statement:
"ADM strongly urges all involved parties to come together to reinstate and return to full operation the UN Grain Initiative. As one of the leading growers of wheat, corn and barley, Ukraine is a critical pillar of global food security, and the grain corridor has allowed Ukrainian farmers to continue to serve that vital role even amid Russia’s invasion."
"Since February 2022, in addition to prioritizing the safety of our Ukrainian colleagues and their families, ADM has been focused on supporting Ukrainian farmers and ensuring the flow of food to those who need it around the world. We'll continue to use all of our resources and work with all of our partners to find other routes for Ukrainian grain to reach world markets, but there is no true substitute for Ukraine's ports on the Black Sea. ADM is committed to supporting an agreement for safe passage of food and ag products through the grain corridor. We believe this is critical to serving global nutrition needs, to Ukraine's agriculture sector, and to economic recovery when the war is over."
About ADM
ADM unlocks the power of nature to enrich the quality of life. We're a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We're blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We're a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We're an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we're a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.
ADM Media Relations
Jackie Anderson
media@adm.com
312-634-8484