Text size

Producers are already selling the grain at lower prices

published on 10/30/23 10:41 AM

Photo: EPA/BGNES archive

In recent months, wheat for bread has been exported from Bulgaria to the Far East and North Africa, announced Preslav Borisov from the management of the Bulgarian Farmers' Union. There are buyers in Thailand, Egypt, Jordan, and other countries.

"But the whole sector is in a very difficult, even dangerous situation. The drought has had a very negative impact on yields, especially for corn and sunflower, combined with perhaps the highest production costs and, to top it off, low prices," commented Borisov.

On international markets, bread wheat is quoted at a record low of 213 euros per tonne. It is difficult to find buyers due to the decline in consumption on an international scale and this is pushing prices down, added the chairman of the union, Georgi Stoyanov. The producers have met their expectations, adds Borisov, quoted by Sega newspaper.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy corn drought farmers wheat

More from category

Cheap labour is no longer a leading factor in attracting foreign investments in Bulgaria

Transformation – this is the word that most accurately describes the current state of the Bulgarian industry. According to an analysis of sectoral data for the period from 2008 to the beginning of 2024, made by the Institute for..

published on 3/31/25 1:19 PM

The tourism sector in Bulgaria is ready to work with the common European currency

Tourism is one of the sectors in Bulgaria ready to the greatest extent to smoothly continue working after Bulgaria joins the Еurozone , the executive director of the National Tourism Board, Dr. Polina Karastoyanova, believes. In tourism, and at this..

published on 3/26/25 2:10 PM

President Rumen Radev and the Ambassador of Japan to Bulgaria H.E. Hisashi Michigami

Bulgaria and Japan keen on developing strategic economic partnership

Bulgaria can be a strategic partner of Japan for the region of Eastern and Central Europe. This was stated by Bulgarian President Rumen Radev as he welcomed the participants in the business breakfast organized by the Japan-Bulgaria Business..

published on 3/24/25 11:37 AM

WEATHER

Pick city: Sofía

Partly Cloudy
Min: 1 | Max: 17

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Fitch affirms Bulgaria's rating at BBB; Outlook Positive

Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook, reported BTA...

published on 4/12/25 9:36 AM

Bulgarian processors import rapeseed from Canada due to a shortage of raw materials

One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported...

published on 4/12/25 4:04 PM

Share