AGRICULTURE
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Barley Price Provides First Indication of This Year’s Harvest
Barley, which makes an EUR250 million market, traditionally less important than the wheat and corn market, is gives the first indication of the prices of agricultural raw material this year.
Romania’s Farmers Start To Learn Cooperation Makes Them Strong
A group of 39 farmers in Giurgiu County (southern Romania), who operate 25,000 hectares of arable land together, have managed to persuade traders to sell them seeds or pesticides up to 30% c...
Romania Allots EUR1.9M To Compensate Farmers For Snow-Damaged Crops
The about 3,000 Romanian farmers whose crops have been damaged by heavy snowfalls in January and February will receive state aid capped at EUR7,500 per beneficiary, Agriculture Minister Dani...
Claas Sells More Combines In Romania Than In Spain And Italy
Combine harvester and tractor maker Claas saw higher sales of agricultural machinery in Romania last year than it did in Spain and Italy, countries with a larger area of farming land, which...
Agriculture Ministry To Sponsor Bill Promoting Sale Of Local Produce
Romanian Agriculture Minister Daniel Constantin said Sunday that he will sponsor a bill package to promote Romanian food products and stimulate their sale in hypermarkets.
US Trader Goes From Wall-Street Investments To Buying Farmland In Romania And Bulgaria
Jeffrey Notaro, a trader who worked on Wall Street for 18 years, where he traded both bonds and futures contracts, set up investment fund Black Sea Agriculture seven years ago, together with...
Ponta Cabinet Vows To Merge Farmlands, Refurbish Irrigation Infrastructure
The governing program of Romania’s new Cabinet proposed by Prime Minister-designate Victor Ponta targets to speed up farmland merger, refurbish the irrigation infrastructure using EU funds,...
Romania Must Access EUR2.5B In EU Funds For Agriculture By End-Year – Minister-Designate
Romanian Agriculture Minister-designate Daniel Constantin said Wednesday that the ministry must access around EUR2.5 billion in European funds by the end of the year.
Monsanto Plans To Invest EUR40M In Romania
US agricultural seeds producer Monsanto, a giant with $11 billion (EUR8.4 billion) in turnover worldwide and one of the world’s most controversial companies, will invest $50 million (around...