According to the president of Bulgarian Association of Grain and Feed Traders (BAGFT) Martin Rusev, wheat exports are estimated at 3.9 MMT in the 2016/2017 MY, of which 2.1 MMT were shipped abroad in July-October. This part of grain was supplied to the European Union, and wheat was mainly forage (1.8 MMT). Rusev believes that…
According to Bulgarian Ministry of Agriculture, as of October 20, nearly 371thousand ha of corn were threshed, which was 88% of the intended area (423 thousand ha). 1973.1 KMT were harvested with the average yield of 5.32 MT/ha. Harvesting is 16.1% faster than in 2015. As of the reporting date, average corn productivity was 0.2%…
Last week cold weather regime in Bulgaria changed to multiyear norm for the given period. Winter crops vegetation continues at a moderate pace. Rains observed during October 11-21, considerably replenished soil moisture stocks in 50 cm soil layer. In the major parts of the country moisture level in the upper soil layer exceeds 75-80%, which…
Domestic market of sunseed was characterized by trading activity last week, raw material was available throughout the country. Average prices increased by 2-3% depending on the region and as of October 14, reached $364/MT. Slight decrease in demand was noted on rapeseed market, which caused the downward price adjustment. Thus, as of October 14, the…
Decrease in purchasing prices was seen on the domestic market of Bulgaria. Domestic prices for both milling and feed wheat were under the pressure of a huge grain supply on the market. At the same time, export prices for Bulgarian milling wheat with 11.5% protein strengthened by $1 due to high import demand from the…
For the second consecutive season Bulgaria looses ground in corn market. While Ukraine, Russia and Romania increase corn production, Bulgarian farmers might have decided not to enter this competition. Firstly, after last season’s bad experience Bulgarian grain producers reduced corn planted area for the 2016 crop by 9.5% to the level of previous years, partially…
According to Bulgarian Ministry of Agriculture, as of October 6, 327 thousand ha of corn were threshed, which was 77% of the plan (423 thousand ha). 1685.8 KMT with the average yield of 5.16 MT/ha were threshed. Pace of harvesting is 23.6% higher than in 2015. As of the reporting date, average corn yield is…