FAO/GIEWS - Foodcrops & Shortages 06/99 - MOLDOVA (26 June)

MOLDOVA (26 June)

The outlook for 1999 grain production is satisfactory. Growing conditions for winter grains (mainly wheat and barley) were mostly satisfactory and planting of spring grains is virtually completed. Even with normal weather this year, however, yields are likely to remain well below potential due to shortage of farm capital, devaluation of the lei, economic recession and shortages of fuel.

With ample domestic supplies and carry-forward stocks, no significant commercial imports of cereals are expected in the 1998/99 marketing year (July/June). The high cost of production makes exports uncompetitive at current prices.


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