Bulgaria: After the harvest, 6.5 million tons of wheat were harvested, and the purchase prices are 40% below last year's

Published 2023년 8월 18일

Tridge summary

As of August 10, 2023, the harvest for main autumn crops is nearly complete, with wheat production reaching 6.5 million tons, a 3.3% increase from the previous year. Barley and triticale production also saw significant growth, with increases of 17.3% and 62.6% respectively, while rye and rapeseed harvesting decreased by 8.5% and 22.1% due to a reduction in acreage. Purchase prices for wheat and barley have decreased by about 1% on a weekly basis, but on an annual basis, they have dropped by nearly 40% and 45% respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to operational data of the Ministry of Agriculture and Food, as of August 10, 2023, the campaign for harvesting the main autumn crops is coming to an end. With nearly 99% of harvested areas, wheat production amounted to 6.5 million tons - 3.3% above the level of a year ago, due to the increased average yield per hectare, according to an operational analysis of the agricultural department. As a result of a combination of larger harvested areas and higher productivity per unit area, barley and triticale production grew by 17.3% and 62.6% respectively on an annual basis. At the same time, harvested quantities of rye and rapeseed shrank by 8.5% and 22.1%, respectively, as increased average yields were not enough to offset the reduction in acreage. Radostina Zhekova: Over BGN 500 per ton is the optimal price for wheat this year As of August 9, 2023, a slight decrease in the average purchase prices of bread wheat and feed wheat for the country is reported by about 1% on a ...
Source: Agrozona

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