Romania may export record volume of corn
According to the port data, in the first month of 2019/20 MY Romania exported 479 KMT of corn, which is 9% higher than in the same month of 2018. This was the largest volume for September compared to the previous three years, reports UkrAgroConsult.
In September-August 2018/19 Romania shipped 4234 KMT of corn via ports. This was 33% more than over the same period of 2017/18 due to the high export potential and active demand from the EU countries and Turkey. Final data for the season 2018/19 will be published in mid-November.
Assuming that in 2019 Romania obtained the second highest corn crop (+7% y/y), UkrAgroConsult estimates the country can export record volume of corn in 2019/20 MY.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp.com by UkrAgroConsult. We offer 2-week trial! Completely free!
Read also
EU suspends all duties on imports from Ukraine for one year
Croatia offers ports on the Adriatic Sea for the transportation of Ukrainian grain
NEW! Ukraine Logistics Trends. Daily & Weekly Report by UkrAgroConsult
Palm oil rose by 2.5%, which supported the prices of sunflower oil
Wheat quotes started the week with new growth
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon