Bulgaria to harvest lowest sunseed crop in a decade

Published 2024년 9월 12일

Tridge summary

A USDA FAS/Sofia report predicts a significant reduction in Bulgaria's oilseed crop for MY 2024/25 due to extreme heat and drought in July and August. The rapeseed crop is expected to decrease by 9% from last year and 36% from two years ago, with a 12% reduction in harvested area and a 5.7% drop in average yield. The sunflower seed crop is projected to fall by 4% from last year and 21% from MY 2022/23, despite an increase in planted area. This decline may lead to a shortage of seeds, reduced exports, and processing, affecting Bulgaria's position as the EU's leading sunflower producer and increasing EU demand for oilseeds, vegetable oils, and meal.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A new USDA FAS/Sofia report estimates a reduction in Bulgaria’s oilseed crop in MY 2024/25 due to extremely hot and dry weather conditions in July and August. FAS/Sofia estimates the rapeseed crop at 190,000 tons, 9% less than last year and 36% less than two years ago. The estimate is based on preliminary crop data, which show a decrease in average yields. In MY 2023/24 Bulgaria was a net importer of rapeseed with trade growth driven by the expansion of domestic processing capacity, and this trend is expected to continue in MY 2024/25. Meanwhile, Bulgaria’s Ministry of Agriculture reported an additional reduction in harvested area based on updated preliminary harvest data from 75,500 ha in early June to 70,000 ha as of August. This is 12% lower than the area harvested in MY 2023/24. The data also shows a 5.7% decrease in average rapeseed yield (2.48 t/ha) and a 26.2% decrease in production (172 thousand tons) compared to MY 2023/24. The sunseed crop is estimated to fall to 1.7 ...

Source: UkrAgroConsult