Bulgaria: corn harvesting finished

According to Bulgarian Ministry of Agriculture, as of December 8, 422.6 thousand ha of corn were threshed, or 100% of the plan (422.8 thousand ha). 2224.7 KMT were harvested with the average yield of 5.26 MT/ha. Average corn yield is 4.4% higher than in 2015. As of December 8, winter wheat had been sown at…

Bulgaria: grain market behavior

Purchase prices for grains on Bulgaria’s domestic market somewhat sank last week. They were pressured primarily by volatility of the national currency against the U.S. dollar. Overall, the pace of grain market purchases is estimated as stable. Purchase prices for wheat are being pressured by its sufficient supply on the domestic market despite quick sales.…



Bulgaria: corn harvesting progress

According to Bulgarian Ministry of Agriculture, as of November 24, 419 thousand ha of corn were threshed, 99.1% of the plan (423 thousand ha). 2209.5 KMT were harvested with the average yield of 5.27 MT/ha. Pace of harvesting is 1.8% higher than in 2015. On the reporting date, average corn yield was 3.9% higher than…

Bulgaria: wheat exports considerably up

Milling wheat continued rising in price on the domestic market on active purchases. Export prices for 11.5%-protein wheat in Bulgaria stay at $176-179 FOB for December-January delivery. Growing demand for Bulgarian wheat is observed from beyond the European Union. Overall, traders substantially increased export shipments of wheat this season. In the first five months of…

Bulgaria: wheat prices strengthen

Purchase prices for grains continued strengthening on Bulgaria’s domestic market last week. The Bulgarian national currency strengthened against the U.S. dollar over the week, though its growth was slight. The domestic grain market is propped up by reviving demand not only from millers but also from traders. The market purchasing operations are assessed as active.…