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

Black Sea real estate up 20%

Property prices on the Black Sea coast have risen by 20%, Nova TV reported, citing major real estate agencies in the Burgas region. Most of the buyers are from Bulgaria and are looking to buy large apartments as an investment, mainly for holiday use...

published on 3/23/25 5:32 PM

China hopes to see more Bulgarian products on the tabl

Cooperation between Bulgaria and China in the field of agriculture and food is very active and is constantly expanding. This was stated at a meeting in Sofia between Deputy Minister of Agriculture and Food Lozana Vasileva and Wan Lejun, Chief Animal..

published on 3/20/25 6:23 PM

EBRD President Odile Renaud-Basso: Bulgaria is making good progress toward joining the Eurozone

Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA. The..

published on 3/20/25 9:10 AM