Bulgaria: Alfalfa has a better market potential than cereals

Published 2024년 3월 21일

Tridge summary

Alfalfa is emerging as a cost-effective alternative crop in Bulgaria due to declining prices of cereal crops like wheat and corn. The cultivation cost of alfalfa is lower, it doesn't require expensive treatments like fungicides or nitrogen fertilizers, and it enriches the soil by fixing nitrogen. The shift towards alfalfa is a diversification strategy in response to challenging grain market conditions. The Machuganovi family company, which imports alfalfa from Romania and Moldova due to its inability to grow in colder climates, highlights the high global demand for alfalfa, especially in Bulgaria where there is a winter shortage.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Alfalfa is a crop with a long history in Bulgarian agriculture. It has been present for many years in the crop rotation of our farms. The specificity of the Bulgarian soils and the climatic conditions in our country allow its cultivation without particular difficulties, say the specialists. "Alfalfa was a bit forgotten because of the situation in which the Bulgarian livestock industry is in general. However, I think that it is a good alternative in difficult times, because native agriculture is in a difficult situation. We see what is happening to our staples as grain producers. The prices of cereal crops - wheat, corn, as well as oilseed crops - sunflower and rapeseed fell overall. The general tendency is for them to remain low," commented Andrey Machuganov for Agri.BG. He gave an example with crop No. 1 in every grain-producing farm - wheat, the price of which had reached BGN 600-700/ton 2 years ago. At the moment, however, for the current harvest and for the new one, there is ...
Source: Agri

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