Drought Cuts Romania Wheat, Has Surplus to Feed Egypt Tenders

Romania’s wheat output is expected to fall sharply this year due to prolonged drought, but the Black Sea exporter should amass a robust surplus to offer in Egypt’s international grain tenders, farmers and experts said on Monday, Reuters reported.

European Union’s second-largest grain seller Romania is a major cereals seller to the Middle East, along with France and Russia, with Egypt its key buyer.

Romania harvested a record wheat crop of about 10 million tonnes last year from 2.1 million hectares, and farmers and traders now expect it to reap about 5 to 7.4 million tonnes.

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