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

Finance Minister Petkova expects the budget for 2026 to be in euros

The budget for 2025 is feasible and will likely be the last one in Bulgarian leva, Minister of Finance Temenuzhka Petkova said in an interview with bTV. The draft law on the state budget for 2025 has been prepared without increasing existing..

published on 3/3/25 11:07 AM

Bulgarian-Ecuadorian business forum to be held in March

A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador office in Italy, accredited for Bulgaria. The event will take place on March 13, 2025 at the..

published on 2/28/25 2:03 PM

USA is among the main destinations for Bulgarian high-tech exports

The USA is among Bulgaria's leading foreign trade partners, the US market is among the main export destinations for Bulgarian high-tech products . This was announced by the Minister of Economy and Industry, Petar Dilov, at the opening of the Explore..

published on 2/27/25 7:41 PM