Official data confirmed a record wheat harvest for the European Black Sea. This is a significant recovery in yields compared with last year’s drought-affected crops, with two of the region's main producers collectively delivering 18.5m metric tonnes (mt).
Romania harvested a record 11.4m mt of wheat, with yields nationally reaching 5.34 mt/ha, a level much higher than the previous record crop years that managed around 4.7-4.8 mt/ha, according to Adrian Oros, the Agriculture Minister.
In production volume terms, it is around 78% higher versus last year when 6.4 million mt were harvested, according to European Commission data.
Romania also harvested a bumper barley crop at 1.9 million mt, also a significant 73% production increase compared to last year.
A little earlier this week, the Bulgarian agriculture ministry also confirmed to local media that the country’s wheat crop reached a record level at 7.1 million mt, with 99% now harvested, according to AgriCensus.
That figure is also around 51% up compared to last year’s production numbers.
Trade sources had expected a record wheat crop in the region, with Romanian production numbers forecast to reach at least 11 million mt, while for Bulgaria the forecast was up to 7.5 million mt.
Meanwhile, estimates from the European Commission remain below the official figures, with Romanian wheat output estimated at 10.1 million mt and Bulgarian at 6 million mt.
The USDA at its last update to its monthly world agricultural supply and demand report increased its outlook for EU wheat production by 400,000 mt to 138.6 million mt.