The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Monday, 9 June 2014

Romania expects record wheat crop in 2014

Romania's wheat crop will rise by 12% y/y to 8.3mn tonnes in 2014 - the highest in 27 years, according to an updated report of grain trader Toepfer quoted by Ziarul Financiar daily.

http://www.soyatech.com/news_story.php?id=33299

This places Romania is an excellent position for GDP growth in 2014 - especially after 2013 when Romania's GDP y-t-y growth rate was the highest in the EU.

Some of the wheat producers associations in Romania include: G-6 FERMIERI GRUP, EXIGENT TIMIŞ, DN AGRAR CEREALE, AGRO GRUP UNIREA, CRIŞANA CEREALE GRUP. 

In 2013, the country registered record levels of cereal production. The domestic production of wheat and rye totalled 7.3 million tonnes , the highest level in the last eight years and the second highest in the last 43 years. Compared to 2012, the production of wheat and rye in 2013 increased by 37%. Furthermore, the domestic production of barley recorded 1.5 million tonnes in 2013, the highest level in the last 23 years.

In 2012, Romania ranked 5th in the EU taking into account both the wheat cultivated area and the wheat production. Also, in 2012, Romania ranked 1st in the EU in terms of the area cultivated with maize and 3rd place in the EU in terms of the maize production.

At the end of 2012, the fleet of agricultural machines in Romania included:
  • 184,446 tractors
  • 147,471 ploughs
  • 24,078 harvesters
  • 90,092 harrows
  • 73,519 seeders
The agricultural fleet is insufficient and the majority of the farms in Romania face a very low level of the agricultural equipment mechanisation. Approximately 73% of the tractors in Romania exceeded the recommended operation period of use. For example, 30% of the tractors used in Romania are over 20 years old.

Should you be interested in the Romanian agri-business sector, feel free to contact our team at europa@frdcenter.ro or 4021 4111459. Skype: FRDCenter
 

1 comment:

  1. http://www.giampimacchineagricole.com/home-en.html

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