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

Bulgarian Ministry of Transport confirms priority of Corridor No. 8 connecting the Adriatic with the Black Sea

Bulgaria's Ministry of Transport has been working for years to develop Corridor No. 8, connecting the Adriatic with the Black Sea through Albania, North Macedonia and Bulgaria. Of the 1,220 km of railway line along the corridor, 747 km are on the..

published on 3/15/25 10:57 AM

The Eurozone and Bulgaria – from enthusiasm to skepticism

A little less than a month ago, Minister of Finance Temenuzhka Petkova presented, in Brussels, the headway Bulgaria has made along the road to joining the Eurozone. There, she stated that with its prudent fiscal policy, the country had earned its..

published on 3/14/25 2:23 PM

New destinations and digital solutions in tourism at the Holiday and SPA Expo 2025 in Sofia

From March 9 to 11, 2025, Inter Expo Center in Sofia plays host to the 41st edition of Holiday & SPA Expo. The event, organized with the support of the Bulgarian Ministry of Tourism, traditionally becomes a meeting point for leading experts,..

published on 3/8/25 7:10 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