GRAIN
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Drought Makes Livestock Feed Up To 70% More Expensive
The drought made livestock feed up to 70% more expensive in farms, but the cost increase has not yet been seen in shelf prices. What will happen to the price of meat this autumn?
Bunge Negotiates Takeover Of Two Grain Silos In NW Romania
American company Bunge, which on the Romanian market is involved in the production of vegetable oil and in the trade of agricultural raw materials, is negotiating the takeover of two grain s...
Agricover Buys Two Silos In Bihor For EUR1.6M
Agricover, the fourth largest player on the grain trade market, with turnover of EUR217 million last year, bought silos of 33,000 tons and 16,000 tons respectively in Bihor county for EUR1.6...
Heat Might Cost Farmers EUR1B In Lost Corn Crops
Romanian farmers announce significant declines estimated at 30% to 35% for the corn production less than three months before harvesting time as a result of the high temperatures this spring...
Cargill And Toepfer Together Post EUR1B Turnover
US grain traders Cargill and Alfred C. Toepfer, the top two players on the local market of farming raw materials, last year managed to post turnover of EUR1.1 billion together, Trade Registr...
Romanian Entrepreneur Makes EUR125m From Grain Trade
Brise Group SRL, a company based in Constanta (SE Romania) and held by Catalin Bucur, emerged as the largest grain trader owned by a Romanian entrepreneur last year. It posted EUR125 million...
Cargill Keeps Silos Unused While Competition Progresses At Full Speed
Cargill, Romanian market’s number one grain trader, is not using a 47,000-ton silo and 16,000-ton grain collection facility in Giurgiu County (southern Romania) even though competition has m...
Agricover Becomes Voestalpine’s Partner In Export Terminal
Agricover, one of the top five grain traders on the domestic market, bought 24% in Danube Grain Services from two individual shareholders. The other owner of the company is Austria’s Voestal...
Why Romanian Wheat Was Eliminated From Iraq’s Purchase List
Romanian grain traders were eliminated in February and March from two tenders for wheat in Iraq worth a total of EUR20 million as a result of “faulty” deliveries made by Lebanese trader GT G...