Slow Food Italy visiting Bio Farm Crucea on June 2nd 2019

A “Slow Food” chapter of about 20 italian people will be visiting our company next month (June the 2nd).

We are very proud of this achievement as BIO FARM is constantly increasing its image through hard work and passion for nature.

ORGANIC AGRICULTURE is not a trend! is a way of living!

May 2019

Romania records a 48 pct absorption rate for EU funds in agriculture and rural development

Romania has an effective absorption rate of 48 percent for EU funds for agriculture and rural development, ranking sixth in the EU, according to data from the Agriculture and Rural Development Ministry (MADR), Agerpres reports.

The fund absorption rate in the 2014-2020 National Rural Development Programme grew by 36.2 percent in 2019 compared to the same period of 2016.

“For the 2014-2020 period, Romania is managing a fund allocation of EUR 8.1 billion, ranking sixth in the EU after Italy, France, Germany, Poland and Spain. In terms of payments made towards EAFRD (European Agricultural Fund for Rural Development) beneficiaries, Romania is in second place in the EU, after France, and first in the EU if we talk about the absorption rate for 2019, which grew by 36.2 percent compared to the same period of 2016,” said Teodora Gabriela Gheniu, state secretary in the MADR.

The recipients of these funds are farmers, processors, entrepreneurs and local public authorities in Romania, who made a commitment to develop ambitious projects with a positive long-term economic impact, meant to contribute to the development of rural areas through efficient and cost-effective investments at European standards.

Through its rural development policy, the EU aims to help rural areas deal with the multiple economic, social and environmental challenges of the 21st century. Known as Pillar II of the Common Agricultural Policy, the EAFRD was improved in the 2014-2020 period through ample reform, which resulted in an allocation of EUR 8.1 billion for Romania, which was added to the national contribution of EUR 1.3 billion.

PNDR also allows investments into the diversification of the rural economy by promoting the creation and development of SMEs in non-agricultural sectors in rural areas, as well as promoting the tree cultivation sector as a specific needs sector through a dedicated subprogramme and encouraging local development at the hands of the community through the LEADER approach.

The LEADER component improves competitiveness, quality of life and diversification in the rural economy, as well as fights against poverty and social exclusion.

According to the MADR, at the end of January 2019, Romania was on par with the Czech Republic and Lithuania on sixth place in terms of the absorption of EU funds for agriculture and rural development.

PNDR 2020 provides EUR 445.8 million for farmers in the first quarter of this year.

According to the Agriculture Ministry, PNDR 2020 focuses on the following priorities: upgrading and improving viability of agricultural exploitations through consolidation, opening to the market and to agricultural product processing, encouraging the renewal of farmer generations by supporting the involvement of young farmers and developing basic rural infrastructure as a precondition to attracting investment and creating new jobs.

Source: Business Review March 2019

Price of wheat reaches highest level of the past few years this week at RON 945 per ton

In 2018, the price of wheat had a spectacular evolution, after climbing strongly during the summer, during the harvest and immediately after, with a price increase of over RON 100 per ton in July. Wheat reached its highest price in recent years this week, as its quotation at the MATIF Paris stock exchange was RON 954 / ton (on 15 January 2019) and the CPT price of Constanta offered by some traders in this week being RON 922 / ton.

According to an analysis conducted by AgroGo to see how this season’s price compares with the previous one, we present the chart below for a comparison of the wheat price over the same period of the year for the last 3 seasons.

There is a positive (positive) difference of over RON 200 / ton over the previous season.

What is to be expected next? The wheat price for the new season, which will be harvested in the summer, is now traded on futures contracts (with future delivery) at a lower value than the current one. Thus the current price for wheat with delivery in September 2019 to MATIF is RON 877 / ton, down by about RON 100 / ton on current price.

The futures curve chart below shows the current price for futures contracts for different delivery periods listed on the MATIF Paris:

These prices change every day, but as a rule, the trend only changes when information with significant changes in production or stocks changes significantly.

For those with current wheat stocks, the question remains, what will happen to the price until the production of the new season? If we were to look at what happened in the past seasons during this period (February and March are visible in the first graph), we see that as a rule the price was quite stable, both on stock exchanges and in the physical market.

But this year is a bit atypical, both because we have a season over the average of the last few years, reached this level through a sudden and unpredictable growth on stock exchanges and because in global information (regarding inventories, production and consumption) we are struck by the lack of the famous USDA reports due to the suspension of the US government and, implicitly, of the subordinate institutions.

In this context, the stock market is quite numb (especially the American one). It remains to be seen what will happen next as we approach the maturity of contracts with the following delivery dates, when traders will be forced to make trading decisions.


European funds available to farmers in the first quarter of 2019

Romanian farmers can access EUR 445.8 million in the first quarter of this year through the National Rural Development Program 2014-2020, according to a press release issued by the Ministry of Agriculture and Rural Development (MADR). MADR, through the Managing Authority of the National Rural Development Program, will open new project reception sessions in the first quarter of 2019.

In the first quarter of this year, funds will be available for Sub-measures (sM): 4.1a – Investments in fruit holdings (EUR 51.013 million), 4.3 – Investments for development, modernization or adaptation of agricultural and forestry infrastructure – irrigation (EUR 200 million), 5.1 – Support for investment in preventive measures to reduce the effects of natural disasters, adverse climatic events and likely catastrophic events (EUR 14.77 million) and 5.2 – Support for investment in agricultural land reclamation and production potential affected by natural disasters, adverse environmental conditions and catastrophic events (EUR 13.68 million).The local infrastructure will also benefit from financing through new sessions for: sM 7.2 – Investments in the creation and upgrading of the small scale basic infrastructure – ITI Danube Delta (EUR 16.78 million), MC 7.4 – Support for investments in the creation or development of rural utilities (EUR 13.76 million) or sM 7.6 – Investments related to the protection of cultural heritage – ITI Danube Delta (EUR 4.99 million).

Local Action Groups will have a new funding opportunity through CM 19.3 – Preparation and implementation of Local Area Action Co-operation (GAL) activities – Component B Implementation of cooperative activities of selected GALs (EUR 9.27 million).

During the same period, sessions for Forestry, Climate and Forest Conservation Services (sM 15.1) and Prime for crop and animal breeding (sS 17.1) will be launched, the total amount of funds available for these sub-measures being EUR 110.15 million.

Romania’s agriculture having its best year in history, with an EUR 8 billion harvest

Romania is going through its best agricultural year in history. Record production of wheat and maize places agricultural turnover close to EUR 8 billion, KeysFin experts say in an analysis of business developments in the sector. Data from the Agriculture Ministry shows that this year’s wheat production is more than 200,000 tonnes higher than last year, exceeding 10 million tonnes, while maize would be between 14.5 and 15 million tonnes, compared to just 11.8 million tons to be harvested in France.

Continue Reading…

Romania to register “excellent” maize crop this year amid concerns regarding EU production; wheat quality seen unsatisfactory

Romania is among the few countries in the European Union to post “excellent” maize crop this year, as production in many regions is affected by hot and dry weather over the summer, while poor quality offsets Romania’s large wheat output, according to French consultant Consultancy Strategie Grains, cited by Reuters. Continue Reading…