Tag: Romanian farmers

  • The drought could up prices for foodstuffs

    The drought could up prices for foodstuffs

    Romania will be
    able to spend 80 million euros to support farmers affected by the COVID-19
    crisis, after European fora have accepted our country’s request to employ
    unused funds allotted under the European agricultural fund for rural
    development (EAFRD) to this end, Agriculture Minister Adrian Oros has said.
    Assistance will cap at 5,000 euros for individual farmers and at 50,000 euros
    for food processors. The assistance adds to the national bailout plans for
    farmers affected by the drought. The Government plans to create a fund for
    loans and guarantees, as well as support for the payment of day workers, which
    is meant to help producers, Minister Oros told Radio Romania. The Romanian
    official claims over a million hectares of farmland are affected by drought
    this year, the areas facing the most problems being in the south-east and
    north-east. The Minister has nonetheless given assurances that the state has
    enough reserves to cover the domestic food demand. As regards the evolution of
    basic foodstuffs, Adrian Oros said:


    I cannot make
    an estimate right now. For instance, prices for a number of products are low,
    because retailers are overstocked. We can’t say exactly where things are
    headed, what the autumn harvest will look like, how long this crisis will last
    and the extent to which it will impact the economic performance of farmers and
    food companies. So far there are only a few fields affected by the crisis. If
    we recover within a month and resume production, consumption will go up as well
    and the relations between consumers, producers, processors and retailers will
    return to normal, so we might not report too many losses.


    Minister Oros
    also pointed out that even in the grimmest scenarios referring to the effects
    of the drought this year, this autumn’s harvest will cover the entire domestic
    consumption of cereals. The Romanian official went on to say the Government is
    considering the possibility of halting exports of basic products, if the
    situation requires it. Adrian Oros:


    We are certain
    we have enough cereal reserves to last us until the new harvest, then we will
    make sure we have enough cereals in our granaries across the country to cover
    the daily consumption of Romanian citizens. If the situation demands it, we
    will cease certain exports, a measure we have used before.


    According to
    data provided by the Environment Ministry in Bucharest, April, 2020 was the
    driest month on record, exceeding the record set in 2007.


    (Translated by
    V. Palcu)