Romania’s wheat, maize crops forecast

09.05.2014

Romania might report an annual wheat crop of 6.7-6.9 mmt this year, local grain trader XTB Romania reported based on data supplied by Coceral. Export potential would consequently be around 3.3 mmt. Romania exported 3 mmt of wheat in H2 last year alone. Even the 6.9 mmt would be well below last year’s 7.7 mmt bumper crop, but still slightly above the typical wheat crop for the country that usually cultivates a bit more than 2 Mln ha of wheat. Nonetheless, we believe that wheat yield, as well as other yields, are going to improve in the coming years as the plots of land merge and are cultivated under better technology.

Romania’s maize crop would decrease to 8.8 mmt, from 10.2 mmt last year, according to Coceral data.

 

 

UkrAgroConsult


 

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