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!

 

UkrAgroConsult

 

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