Cargill will invest $100 million in a Ukrainian port to build a grain terminal on the Black Sea. The grain terminal is expected to boost the Ukraine’s agriculture exports by allowing Ukrainian farmers to export an additional five million tons of grain. The announcement comes as Cargill just recently announced it will retract its agriculture inputs business in the same region under a restructuring plan. The BBC reports overseas companies have been reluctant to invest in the Ukraine because of its ongoing struggle with Russia. The new terminal is scheduled to be completed by the spring of 2018. Meanwhile, Ukraine expects to export a record 37 million tons of grain between July 2015 and June 2016.
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