Schuldt, Cargill: Romanian agricultural yield same as last year - financiare.ro
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News » May, 2011 » 11 May 2011

Schuldt, Cargill: Romanian agricultural yield same as last year
11.05.2011, 23:35 | Agriculture | 744 views



Martin Schuldt, general manager of Cargill Agricultura, one of the biggest players in grain trade, expects this year's agricultural yield to be similar last year's, so Cargill is not expanding its storage facilities along the Danube. He says it is however too early to make precise predictions about this year's crop, but specifies Romanian farmers are suffering because yields per hectare are lower than in Bulgaria and Hungary.

"Romania will probably have a similar level of agricultural yield this year as last year," said Schuldt after the Agribusiness Forum 2011 conference.

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