ADM 'evaluating' its Russian operations after Ukraine invasion
March 2 (Reuters) - U.S. agricultural commodities trader Archer-Daniels-Midland Co is "evaluating our current investments" in Russia after the country's invasion of Ukraine and "will announce any decisions at the appropriate time," ADM said in an emailed statement on Wednesday.
ADM's small footprint in Russia includes an arm of its WILD flavorings business and a 50% stake in Aston Foods and Food Ingredients, a sweeteners and starches business.
Rival agribusiness Bunge Ltd said in a statement that it is operating in Russia in compliance with all sanctions, but declined further comment on any divestment of its facilities there. (Reporting by Karl Plume in Chicago; Editing by Leslie Adler)