ROMANIA: For the first time corn is more expensive than wheat
Minister of Agriculture Valeriu Tabara advised farmers to not be afraid to cultivate corn for biomass. He is confident that corn will be a “winning-plant” in the future opening new doors for industrial processing and that Romania has to maximize its agricultural potential. Furthermore, Valeriu Tabara said that for the first time corn is more expensive than wheat.
Corn is seen more and more as an industrial cereal in countries like Germany and United States. “A part of corn production is directed towards other sectors than for fodder and food and for that wheat price will dangle. Corn is becoming an industrial cereal and an important energy source”, Minister said.
Corn is becoming an important source of ethanol, biogas and electric energy. However, corn fields’ area in Romania has been diminished to 2.2 million hectares from 3.2 million hectares, ten years ago.
“Romania capitalized its agricultural potential, by 35-40%, until two years ago. We are left with 60% of economic growth in this field. There are also some people who ask themselves what we’ll we do when will have full production. The answer is simple: we export”, said the Minister. He also added that Romania is left with an excess of corn production for fodder and food that can be used to produce electric energy.
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