A recent report by the European Commission says that high yields are expected unless extreme weather phenomena occur and this goes for the Romanian fall harvest, too.
Corn will generate 30% investment yield this year, which means that despite price decline expectations, it will remain one of the most profitable crops for local farmers.
The September corn harvest is currently estimated at about 10 million tons, 10% lower than last year, because of the small area of land allocated to this crop.
Romania will remain the second leading corn producer in the European Union, behind France, which will have a 5 million ton higher harvest like last year.
The total EU harvest is estimated at 66.4 million tons this year, 7.2% more than in the previous season. This is also the highest corn harvest in four years.
(English version by Loredana Fratila-Cristescu)