Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian wheat is waiting in storage

Photo: Archive

Agricultural production worth more than 17 million euros is not being sold and is waiting in storage in Silistra region due to low purchase prices, BTA reported. 

On the one hand, the prices of EU-authorised fertilisers and chemicals are very high, and on the other, uncontrolled imports of cheap agricultural produce from Ukraine are making the Bulgarian harvest unsellable. Since September, the price of wheat has fallen by EUR 50 per tonne and the price of Bulgarian wheat is currently around EUR 250 per tonne, which is significantly below its cost. In order to make room for the new crop, many farmers will have to sell at break-even prices and take out loans to finance the new crop. This will inevitably lead to bankruptcies in the industry among smaller farmers. According to industry representatives, the situation is the same in Romania. 
That is why representatives of the sector from both countries are proposing that Ukrainian agricultural products exported under the so-called solidarity corridors should transit through EU Member States without remaining on the European market. This problem has been repeatedly signalled by the Minister for Agriculture, Yavor Gechev, who has called for the problem to be resolved at European level.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Unit 6 of Kozloduy NPP connected to the national grid after annual maintenance

The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07 following an inspection by the Nuclear Regulatory Agency. In addition to the repairs made to improve..

published on 11/23/24 2:09 PM
Interim minister of the Interior Atanas Ilkov

Bulgaria's full Schengen membership will not open the floodgates to the EU, says Interior Minister

A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..

published on 11/23/24 11:58 AM

President Rumen Radev meets the Bulgarian community in Singapore

President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..

published on 11/23/24 10:07 AM