Romania's agriculture sector will reach the peak of the financial crisis at the end of September and the beginning of October, when the farming cycle restarts, Interagro president Ioan Niculae said Monday.
"The crisis has not peaked yet. Let’s expect it end-September or early October, when we need to resume the agricultural cycle," Niculae said during a debate on agriculture.
According to Niculae, since farmers start farm works and until they receive their subsidies per hectare, they lose around 30% or 40% of its value, because of high interest rates banks practice for farm loans and the depreciation of the Romanian leu against the euro.
On the other hand, Adrian Radulescu, president of the Romania Agricultural Procedures Associations League (LAPAR), said farmers are undercapitalized and the cereal market is the most affected, as prices received by farmers for their harvest do not cover production costs.
InterAgro is a large group of private companies held by businessman Ioan Niculae, operating in the agriculture sector.
"The crisis has not peaked yet. Let’s expect it end-September or early October, when we need to resume the agricultural cycle," Niculae said during a debate on agriculture.
According to Niculae, since farmers start farm works and until they receive their subsidies per hectare, they lose around 30% or 40% of its value, because of high interest rates banks practice for farm loans and the depreciation of the Romanian leu against the euro.
Exclusiv - beneficiati acum de Oferta Speciala de mai jos:
Magazin Online - cum sa pornesti propria ta afacere online
Vrei sa demarezi o afacere online Secretele comertului online iti sunt in sfarsit dezvaluite in stick-ul “Magazin Online - cum sa pornesti propria ta afacere online” Te gandesti sa demarezi o afacere orice fel de afacere Atunci primul pas pe care il ai OBLIGATORIU de facut consta in realizarea unui mic studiu de piata serios...
Oferta Speciala
valabila 48h
valabila 48h
On the other hand, Adrian Radulescu, president of the Romania Agricultural Procedures Associations League (LAPAR), said farmers are undercapitalized and the cereal market is the most affected, as prices received by farmers for their harvest do not cover production costs.
InterAgro is a large group of private companies held by businessman Ioan Niculae, operating in the agriculture sector.
Autor: AgroRomania.ro
Votati articolul
Nota: 5 din 1 voturi
Urmareste-ne pe Google News
RSS Flux RSS 2.0
Sitemap XML
