The mid-term harvest status

The harvest of winter crops – wheat, oilseed rape and winter barley has just been completed.

The wheat is harvested with average yields of 5.5 tonnes per HA on the two eastern sites, Mizil and Videle and at 4.2 tonnes per HA in Oravita in the west.

This difference is related to the weather in the spring, with the overall picture of the wheat was positive after the winter, with a high survival rate.

Subsequently, in the early spring, there were very wet, with very few days with the possibility of spraying and fertilizer spreading. Then – in late April – was approx. 20 days with extremely high temperatures and burning sun.

This meant that winter crops began to be depressed by drought before the rains came, the worst in Oravita.

Rape, approx. 1,200 HA at the three sites, has given an average yield of 2.3 tonnes per HA. Rape has also overwintered satisfactory everywhere, but in Oravita, where it was absolutely the best in the autumn with large mature plants before winter, was the greatest adversity in the spring, when the very wet conditions in early spring, destroyed a large part of the root system, but the plants managed, however, to a large extent set new roots, so after all, here was a yield of 2 tonnes per HA. In Mizil we were actually in doubt about if the rape would survive in the fall, but the yield here, was still on average.

Winter barley totaled 210 HA in Oravita. Here the field was very influenced by the hot, dry period in April, giving small cores, and a yield of 3.3 tonnes per HA.

On the positive side is obviously survival rate of all winter crops is very high, and we avoided the previous season’s problem with drying of rape in autumn.

All winter crops are harvested dry and in good quality, so they are stored without drying costs. A very large proportion of the wheat of bread wheat quality. Everything is stored in our own facilities.

The market for the sale of crops in Romania, like the rest of Europe, characterized by low prices. We have current activities underway around the sale of the first portion of the crops, and will naturally spread sales over a longer period of time.

Corn, approx. 1,100 HA, looking at this stage to perform well in Mizil and Videle while the picture is more varied in Oravita where approx. 2/3 of a total of approx. 1,600 HA suffering from the current drought.

Richardt Duus, CEO