No crisis: Sunseed harvest in Bulgaria may break record despite farmers’ complaints

Published 2025년 8월 14일

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Recent reports in Bulgarian media claimed soaring sunflower oil prices due to a supposedly devastated sunflower harvest, with consumers and processors relying on Ukrainian imports to cover the deficit. However, Preslav Raikov, a Bulgarian trader of vegetable oils and commodities, told Latifundist.com that the situation is far from critical, with the harvest potentially reaching a

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record 2 million tons thanks to favorable weather and record-high sown areas. This year, sunflower areas in Bulgaria reached 985,000 hectares, a 6–7% increase compared to last year. Raikov notes that despite isolated losses due to summer heat, weather conditions were generally favorable, with recent rains further boosting crop development. USDA forecasts a 22% year-on-year harvest increase, contradicting claims of “the worst year in history.” Raikov explains that exaggerated concerns about the harvest are often driven by farmers seeking government subsidies or import restrictions. Meanwhile, processors have adapted to market conditions, investing in flexible production lines capable of processing rapeseed, soybeans, or canola. For instance, last year, Bulgarian plants profitably imported Canadian canola, showcasing greater adaptability than farmers. Some traders contribute to the crisis narrative to bolster their market positions. Raikov points out that Bulgarian farmers often ...

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