Romania. Higher average yield of grain crops compensates for gradual decrease in sowing area

21.09.2017

Second season in a row Romania decreases grain crop sowing area in favor of oilseeds.

Compared to last season, grain crop sowing area (wheat, barley and corn) decreased from 5067 Th ha to 5032 Th ha. Still, due to improvement in growing technologies, average productivity of grain crops continues to go up and compensate for lower sowing area.

Thus, UkrAgroConsult increased estimate of Romanian grain crop in 2017/18 by 1MMT due to record high productivity of grain crops.

Despite high grain crop, exports in 2017/18 are expected to go down by 1 MMT compared to last season due to high price competition from Black Sea countries and EU key grain producer – France.

Season 2017/18 has started with high opening stocks for Romania, as farmers are reluctant to sell grains at low world prices, which may lead to further decline in grain sowing area and gradual rise in area of more profitable crops, among which are oilseeds and legumes.

Full version of the article is available to subscribers for weekly market report “Black Sea Grain & Oil” and “Online market review” by UkrAgroConsult.

 

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