about us | newsletter | contact | archive | members area
Elisabeta Moraru, Google Romania
"The Palace of Parliament building can be visited virtually with Street View images"»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Romania could become the main producer of rapeseed from the Black Sea

2016-08-20 02:35:42 - From the Print Edition

Agriculture could record, in 2016, the best results in the last decade; a total business of 24.5 billion RON (almost 5.5 billion Euro), due to favourable spring weather, investments, consumption recovery and price developments, according to a report by Dekalb analysis, a division of Monsanto, quoted by Mediafax. Figures show that the local wheat market will register in 2016/2017 the fifth consecutive season of growth in terms of wheat productivity and the fourth consecutive wheat harvest exceeding the threshold of about seven million tonnes. The same report showed that a record production is expected in the rapeseed segment, 1.3 million tonnes, up 35 per cent over the volume harvested the previous season, Romania being positioned to become the main producer of rapeseed from the Black Sea. According to estimates by officials of Romanian Commodities Exchange (BRM), this year prices of agricultural production will remain at 150-160 Euro/tonne for wheat, 150-155 Euro/tonne for maize, and over 380-390 Euro/tonne in terms of rapeseed. The evolution is encouraging given the fact that in the past three years, the price of wheat has decreased by 25 per cent and that for maize by 15-17 per cent, notes Mediafax.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  2264 Views
Daily Info
Michele Abbate was appointed as new CEO of Enel Energy and Enel Energy Muntenia

Michele Abbate is the new CEO of Enel Energy and Enel Energy Muntenia, the two companies owned by the Enel group in Romania.

CTP invests 15 million Euro in a new logistics park near Cluj-Napoca

The industrial parks developer CTP invests 15 million Euro in the development of a new logistics park near Cluj-Napoca. CTPark Cluj II will be located in Floresti and will hav...

AFI Europe to develop AFI Brasov by 2019, its third shopping mall in Romania

AFI Europe sets the cornerstone of AFI Brasov, the company's third shopping mall in Romania and announces the advancement of construction works.

Bog'Art to build IKEA's second store in Bucharest

IKEA has announced that Bog'Art will build its new store from Theodor Pallady area in Bucharest. The second store in Bucharest will be opened next year, following an investmen...

Romania's sovereign fund to be launched in 2018

Romania's first sovereign fund for development and investments (FSDI) will be available starting January 1, 2018 and it will finance the developments of infrastructure alongsi...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Over 19,000 business plans submitted for Start-Up Nation program

Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment...

Sorin Grindeanu hails the support for CVM lifting before 2019

Prime Minister Sorin Grindeanu met at Victoria Palace with the European Commission President Jean-Claude Juncker. The meeting was also attended by the Public Finance Minist...

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts a...

President Iohannis to hold political consultation to designate future PM

Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minist...

EBRD launches energy efficiency framework for Romanian households

Supporting Romanian households to save energy and money, the European Bank for Reconstruction and Development (EBRD) is launching a 100 million Euro Green Economy Financing...

New law on ports administration would be very damaging for Romanian state budget, Fondul Proprietatea says

Fondul Proprietatea is concerned by the renewed steps to approve the draft law amending the Government Ordinance on ports administration, which was re-examined and approved...

EIB lends one billion euro to Romania for transport infrastructure projects

The European Investment Bank (EIB) is lending one billion Euro to co-finance with European Structural and Investment Funds priority transport infrastructure projects totall...