Agricultural giant ADM sells its last elevator in Ukraine

American agricultural company Archer Daniels Midland Company (ADM) is selling its last elevator in Ukraine.

This is evidenced by the draft agenda of the AMCU meeting on April 23, Latifundist reports.

The company OLIMP has filed a request for permission to obtain control over the elevator. According to the publication, this is the ADM elevator “Kamyanskyi” in Cherkasy region with a storage capacity of 64 thousand tons in metal silos and floor warehouses.

If the AMCU grants permission, ADM will not have assets in Ukraine directly for storing grain. Another elevator of the company – “Tavriysky” – was destroyed as a result of the war.