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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.
This year subsidies for the agriculture sector have been disbursed later than what the initial schedule planned for and certainly later than farmers’ expectations.
A new bill could impact food retail operations and the supply chain in Romania.