Bulgaria: wheat output reaches record high

Wheat production in Bulgaria reached a new record in the 2016-2017 market year behind higher yields, favorable weather and a shift in the use of imported genetics, according to a report from the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS). The FAS forecast wheat production for 2016-2017 at 5.65 million tons, up nearly…

Bulgaria: oilseeds harvesting campaign

According to the Ministry of Agriculture, as of November 10, 759.9 thousand ha of sunflower had been threshed, or 99.9% of the plan. 1699.7 KMT had been threshed with an average yield of 2.24 MT/ha. Soybean had been threshed from 14.4 thousand ha, or 99.3% of the harvested area (14.5 thousand ha). 18.6 KMT of…

Bulgaria: bullish trends on grain market continue

Last week Bulgaria’s domestic market of cereal crops saw a rise in purchase prices. The bullish factors for them included strong grain demand, both from traders and processing companies, along with appreciation of the Bulgarian currency against the US dollar. Prices for Bulgarian milling wheat also continued growing on the export market. Over the week,…