These changes will impact roles and employees that are currently dedicated to these activities and is expected to potentially impact around 180 people across the countries involved in crop input activities. The actual number per country is subject to discussion with the employees’ representatives and a consultation process has begun in the impacted countries.
Cargill has a strong heritage and pedigree as one of the world’s leading originators and traders of grain and oilseeds and remains committed to providing competitive solutions to source and purchase from farmers in Eastern Europe. The company will strengthen its origination and business footprint, with a target to increase its origination volumes and market share.
While Cargill’s crop inputs business has had some successes in Eastern Europe, the company has been unable to realize many of the expected synergies between origination and crop inputs.
The Black Sea region remains a key focus for strategic growth and Cargill will continue to strengthen its existing investments and operations, including its network of port terminals and oilseed crush plants in the region. Cargill remains committed to Central and Eastern Europe and its agricultural sector. This change will allow the company to continue focusing on being the trusted partner to both farmer and non-farmer suppliers and to grow its business by increasing the volumes of grain and oilseeds.
Cargill will commence winding down its crop inputs activities immediately while continuing to service its customers over the next few months.
In other operations around the world, Cargill provides a variety of services to farmers, including crop inputs and these businesses are not affected by today’s announcement.
