Bulgaria: The average purchase price of raw cow's milk for August is BGN 0.849/kg

Published 2024년 9월 19일

Tridge summary

The Ministry of Agriculture in Bulgaria has reported a slight increase in the average purchase price of cow's milk for August 2024, reaching BGN 0.849/kg, which is 0.4% higher than July and 4.7% higher than the previous year. This figure remains below the average for the EU, which stood at EUR 46.82/100 kg in August 2024, a 1.2% increase from July. The EU's milk supply experienced a slight increase of 0.9% from January to June 2024, with a forecast of a slight increase of +0.4% for the whole of 2024. In Bulgaria, the dairy market remains relatively stable with no significant price changes expected until the end of 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to preliminary data, the average purchase price of cow's milk for the country for August 2024 is BGN 0.849/kg. This is 0.4% more than reported for the previous month and 4.7% higher compared to a year earlier, according to a report of the Ministry of Agriculture on the situation of the milk and milk products market in Bulgaria, published in September 2024 . Read more: Farmers continue to replace dairy animals with meat animals The purchase prices of cow's milk in Bulgaria follow the situation on the EU market, traditionally moving below the average for the EU. For comparison, the average purchase price of cow's milk in our country for 2023 is BGN 0.861/kg without VAT. This is 1.8% more than the previous year. Since the beginning of 2024, the cow's milk market in the country has been relatively calm, without significant price fluctuations on a monthly basis. In the first three months of 2024, purchase prices are moving substantially below the high levels of a year ago. A ...
Source: Agri

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