The cereal market in Romania

Abstract

In Romania, the production of cereals is determined on the one hand, favourable climatic conditions and on the other hand the food consumption pattern of the population. Theimportance of grain production is demonstrated by the share of cultivated land and diversity of cereal crops. Cereals occupy a significant position in the structure of agricultural production, holding 1,2 -1,5% of world production of wheat and 1.5 -2% of the maize. In this context, this study shows the evolution of cereal crops as well as specific indicators of foreign trade trends. In terms of actual cereal production in Romania, it is not constant and therefore is often incoming imports, which have a positive impact on the evolution of the market in cereals. Imports of cereals and processed products adversely affect the trade balance. Producers, processors and distributors of cereals and cereal products face many difficulties, which most often affects the price of products, meaning its growth without the corresponding increase in quality. A conclusion is that the grain market is a market variable, which succeeds only in favourable agricultural years to cover consumption needs from domestic production. Romanian market of grain is influenced by the European market and world cereals market.