GRAIN
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Grain Trader UGG Plans Farming Business
United Grain Group, one of few grain traders built by a Romanian entrepreneur, plans to take the first step towards farming by acquiring 2,000 hectares of land and to expand throughout the e...
Toepfer Continues Expansion Of Danube River Export Network
Alfred C. Toepfer, the second leading grain trader on the local market, will increase its grain storage capacity in Giurgiu (southern Romania) to 66,000 tons, said market sources.
Alfred C. Toepfer Makes First Greenfield Investment In Romania
Alfred C. Toepfer, one of the most powerful grain traders in Romania, is investing EUR6 million in Moldova Noua (SW of the country) where it will build its first greenfield project, a silo a...
Romania Records Best Wheat, Corn And Sunflower Crops In Five Years
The good weather conditions in 2011 helped wheat, corn, and sunflower crops increase by up to 30% to the highest level in five years.
Rise In Vegetable Oil Price Drives Cargill’s Revenue Up 70% In First Half
The edible oil unit of Cargill, the largest grain trader on the local market, posted revenue of EUR34.2 million in the first half, almost 70% more than in the same interval of 2010.
Surprise Winners Of The Drought
Romanian transport companies gained up to EUR25 million higher contracts from August through October, as grain traders had to use trucks after their barges got stuck on the Danube because of...
Farmers Invest In Silos To Stop Selling Grain Cheap Right After Harvest
The record agricultural year has encouraged Romanian farmers to invest in grain storage to avoid selling wheat or corn soon after harvesting it for one third of the prices charged in winter...
2010 Was The Best Year Ever For Grain Traders
Cargill, Alfred C. Toepfer, Ameropa and Nidera, four of the largest grain traders operating in Romania, had their best year ever in 2010, as their local business went up by as much as 200%....
ZF Expert: Agriculture Is Becoming A Profitable Business In Romania
Agriculture has started to become a business in Romania after last year saw prices of agricultural products skyrocket on international markets. Most farmers continue to have plots of a few h...