Monday, November 29, 2010

Romanian Corn Harvest Increases 14% to Highest in Five Years

Romania’s corn harvest rose 14 percent in 2010, producing the biggest crop in five years, according to preliminary figures posted on the Agriculture Ministry’s website.

Farmers reaped 9.08 million metric tons of the grain from 5.7 million acres. The crop was the biggest since the 10.4 million tons gathered in 2005, the figures show.

The country may raise as much as 360 million euros ($476 million) from selling about 2 million tons of corn on international markets, the Agriculture Minister Valeriu Tabara told news service Mediafax on Oct. 19.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

No comments: