Romanian farmers expect warming, importers – lower prices

Cold temperatures in southern Romania have slowed down the early development of spring barley crops, causing concern among farmers and world importers. However, they anticipate that upcoming higher temperatures and rains will aid in the sowing of corn and sunseed, potentially benefiting both winter and spring crops. The situation is of interest to global traders, who are also monitoring the ceasefire talks in the Black Sea region, which could lead to an increase in grain exports and further price drops.

As for the new crop, in southern regions of Romania, cold temperatures have halted early crop development of spring barley, which started in early March. Farmers inform that corn and sunseed sowing should start from next week. Farmers expect the onset of sharply higher air temperatures, which next week should be compared to summer days. Rains expected next week in the southern areas should be beneficial for both winter and spring crops. Thus, world importers are now in the wait-and-see mode, watching the weather patterns. Moreover, their focus is on the ongoing ceasefire talks in the Black Sea. The effective ceasefire deal may increase the Black sea grain exports, which may push the prices even lower than the current new crop offers. Insights of the grain and oilseed market of Romania, Bulgaria, Serbia see in the ...