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Romania’s oilseed crop in marketing year (MY) 2017/18 will increase by 21 percent over last year, boosted by bumper sunflower production, as well as strong rapeseed and soybean crops.
Favorable weather, government subsidies, proper fertilizer management and disease prevention boosted Romanian winter and summer-crop production in 2017.
The total MY2017/18 EU-28 grain crop is revised up 2 MMT to 304 MMT, due to improved outlooks for both the wheat and corn crops.
In mid-November 2017 the Government of Romania (GOR) approved an emergency measure, imposing new rules for farm-gate grain procurement.
Oilseed planted area is forecast to climb by nine percent in Marketing Year (MY) 2017/18.
Romania is strengthening its position as a grain producer and as a leading exporter among EU member states for wheat and corn.
The EU sweetener market will take a new start after the end of the 50 year old EU sugar quota production system on October 1, 2017, and will probably face a period of increased market volatility.
On March 13, 2017, the European Commission presented its long awaited report examining whether mandatory nutrition labeling requirements should be extended to alcoholic beverages....
The EU28’s grain harvest is forecast to rise three percent in MY2017/18 despite little change to the planted area.
Total EU-28 oilseeds production for marketing year (MY) 2015/16 is expected to decline by about 9 percent to 32 million metric tons (MMT).