Drought cuts Romanian grain and sunflower seed output in 2022, according to the stats office

Published 2023년 4월 1일

Tridge summary

In 2022, Romania experienced a significant decrease in the production of key crops such as wheat, maize, and sunseed, with the most notable decline in maize harvest at -44.7%. This decrease was attributed to adverse weather conditions and increased production costs. The country's wheat harvest fell by 18%, and sunseed production decreased by 27%. The reduction in local production coincides with an influx of cheaper Ukrainian grains into the EU market, which has caused price drops and challenges for local farmers. As a result, the European Commission has estimated that Polish, Romanian, Hungarian, Bulgarian, and Slovakian farmers have suffered a total loss of 417 million euros, and has announced compensation of 56.3 million euros for farmers in Poland, Bulgaria, and Romania, with more compensation expected.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Romania’s production of wheat, maize and sunseed fell by double digits in 2022, driven by weather and higher production costs, preliminary data from the National Statistics Board showed on Friday. The European Union state put 2.18 million hectares under wheat and reaped 8.6 million tonnes of wheat in 2022, down 18% from a bumper harvest in the previous year. Its maize harvest stood at 8.2 million tonnes, down 44.7%, while sunseed production was 2.08 million tonnes, down 27%. It exports through the port of Constanta, which Ukraine has been using as an alternative route since Russia blocked its Black Sea ports. But logistical bottlenecks mean that large quantities of Ukrainian grains, which are cheaper than those produced in the EU, have ended up in central European states, including Romania, hurting prices and sales by local farmers. Earlier this week, the Polish and Romanian prime ministers said they were in talks with the European Commission over export tracing mechanisms for ...

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