The agricultural sector requires access to European funds and know-how. Dedicated funds for modernization and the adoption of sustainable practices offer significant potential.
Companies and farmers have the chance to access technology and expertise from producers and distributors, which can boost the efficiency and sustainability of farms.
Challenges:
Agriculture remains vulnerable to drought and other extreme weather events, underlining the urgent need for investments in irrigation infrastructure and the sustainability of crop technologies.
Access to financing remains a critical issue. Banks are often reluctant to support farmers, making it necessary to present solid and sustainable business models to attract funding.
Political and macroeconomic instability add further challenges. Global economic volatility, geopolitical contexts, and local political uncertainty create additional risks for farmers.
How does the agricultural sector influence the transition towards a more digitized agriculture?
Digitalization in agriculture plays a crucial role in adopting modern, efficient, and sustainable practices. Two essential elements are highlighted:
Role of Technology: Digital agriculture facilitates the adoption of efficient practices that enhance farm performance.
Impact: Digitalization enables better resource utilization, efficient planning, and precise crop monitoring, contributing to the sustainability of the agricultural sector.
How do you think agricultural product prices will evolve in the context of geopolitical uncertainty and inflation that is expected to be on an upward trend?
The evolution of agricultural product prices reflects the complexity of the current context and underscores the need to manage risks in the agricultural sector with solutions adapted to market volatility.
Key factors driving price fluctuations include:
Global demand, weather conditions in major agricultural production regions, and the depletion of global agricultural stocks.
Geopolitical uncertainties also play a significant role. For instance, wheat prices in the last three months of 2024 increased from €185–190/ton in October to €210/ton in December, indicating a steady upward trend driven by global demand and reduced stocks.
How well is the agribusiness sector in Romania currently adapted to more difficult economic periods?
Adaptability and innovation are key pillars for transforming current challenges into opportunities. Through proactive and sustainable strategies, agriculture can support durable growth in a dynamic and competitive environment.
Key aspects to consider:
The need for adaptation: Romanian agriculture must accelerate the use of European funds, embrace sustainable practices, and modernize infrastructure to become more resilient.
Resetting mindsets: Farmers need to adopt an entrepreneurial approach, prioritize innovation, and collaborate to overcome challenges related to financing and market volatility.
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Publish date : 2025-02-21 05:23:00
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