Romania: Oilseed Production Expected to Rebound in Romania
Oilseed planted area is forecast to surge in Marketing Year (MY) 2016/17. Rapeseed area planted in the fall substantially increased and a large output is forecast. In the context of low corn profitability last year, farmers may choose to reduce corn area and replace it with sunflower. Financial incentives in the form of EU coupled support may stimulate farmers to expand further soybean area. Under the assumption of higher yields, Romanian oilseed exports are forecast to climb by 18 percent in MY 2016/17, but remain below the exceptional level of two years ago.
