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

National Statistical Institute: Bulgarians aged 25 to 44 travel most

One million and eight hundred Bulgarian citizens travelled as tourists during the third quarter of the year, National Statistical Institute data show. 72.3% of them travelled inside the country, 20.8% travelled abroad and 6.9% - both inside Bulgaria..

published on 11/22/24 12:09 PM
Rumen Radev at the business forum in Singapore

Rumen Radev in Singapore: Investing in people and partnership are the key to the future

“Investing in people, education, innovations and technologies is the key to success in the future,” said President Rumen Radev at the opening of the business forum in Singapore, in which representatives of companies from Bulgaria and Singapore are..

published on 11/22/24 10:17 AM
European Commissioner for Home Affairs Ylva Johansson

European Commissioner Ylva Johansson is optimistic about Bulgaria and Romania’s entering the Schengen Area by land soon

“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she said she was optimistic about Austria’s decision. Asked what the arguments are for blocking the..

published on 11/22/24 9:45 AM