Ukraine sold $7.6 billion of bulk farm commodities worldwide in 2015, quintupling its revenue from a decade earlier and topping Russia, its closest rival on world markets. By the mid-2020s, “Ukraine will be No. 3, after the U.S. and Brazil,” in food production worldwide, says Martin Schuldt, the top representative in Ukraine for Cargill, the world’s largest grain trader.
The company, headquartered in Minnetonka, Minn., saw its sunflower-seed processing plant in the Donetsk region overrun by separatists in 2014; it still can’t regain access to the facility. Nonetheless, the company is investing $100 million in a new grain terminal in Ukraine. Bunge, the world’s biggest soy processor, opened a port this year at a ceremony with Ukrainian President Petro Poroshenko—another vote of confidence in the country.
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