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Wheat production in marketing year (MY) 2025/26 (July-June) is projected at just over 10,000 metric tons (MT), a decline from the previous year. With only about 5,000 hectares (HA) dedicated to cultivation, Ecuador’s wheat production is insufficient to meet domestic demand and thus dependent on imports.
In 2023, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat, but has reduced subsidies for fertilizers, pesticides, and minor equipment for small producers.
Dashboard that demonstrates the scope of Black Sea grain and oilseed trade. Millions of tons of grain are shipped through these international waters each year, making the Black Sea region a major supplier of agricultural commodities worldwide.
In 2022, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat as well as began subsidizing the price of fertilizers for small producers.
The Government of Ecuador continues defining the yearly minimum price for local production of corn, rice, and wheat. The Minister of Agriculture supports the reduction of corn area and the shift to other crops that are mainly focused on the export market.
Year-on-year Romanian grain production in marketing year (MY) 2021/22 is projected to grow by 28 percent following last year’s severe summer drought.
The Government of Ecuador has fully eliminated the support program for corn production, but continues to define the yearly minimum price for producers
Late spring and early summer precipitation marginally improved Romanian winter grains development, but provided spring crops a good start.
Romania’s grain production is forecast down by 2.6 percent in marketing year (MY) 2020/21 from MY 2019/20.
On April 9, the Government of Romania (GOR) suspended most exports of grains, oilseeds, and related products as of April 10, 2020, to non-European Union (EU) markets.
Uncertainty of government corn policies and price support mechanisms contributed to decreased production with farmers retiring or shifting to more profitable crops.
Ecuador extended its tariff exemption for soybean meal and wheat imports from all origins for five years, effective January 1, 2020.