May 12, 2022
Bayer says farmers in Ukraine showing good progress with planting
Bayer, the world's biggest seed and crop chemicals supplier, said farmers in Ukraine are showing better than expected progress with planting despite Russia's invasion, Reuters reported.
Werner Baumann, chief executive officer of Bayer, said all firms in the agriculture inputs sector have gone the extra mile to ensure they can supply to Ukraine.
Rodrigo Santos, head of Bayer's crop science unit, said Ukranian farmers for this season have planted 75% of their crops.
Prices for corn and soy have increased worldwide because of concerns that Russia's invasion into Ukraine will disrupt farming as both nations are key global grains exporters.