The barley harvest is late, will the price of bread rise in Bulgaria

Published 2021년 6월 27일

Tridge summary

Heavy rainfall in the last month has delayed the barley and wheat harvest, with an expected delay of 7 to 15 days for each crop. Despite the delay, grain growers are optimistic about the quality of the grain and expect an increase in purchase value. The price of bread may also rise, with large producers predicting an increase of no more than 11%. The exact purchase price of wheat is determined by the stock exchange and the industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The barley and wheat harvest is delayed due to heavy rains in the last month. The forecasts are that the delay will be from 7 to 15 days for each of the crops, Nova TV reported. However, grain growers are optimistic that there will be enough grain for bread. As for the purchase value - they expect an increase. The wheat harvest in Dobrogea will be delayed by about 15 days due to the unusually cool spring and heavy rains. In the Burgas region the delay will be about a week to 10 days. In the Dobrich region there are no flooded crops or data for deterioration of the grain quality due to the rainy weather. Apart from the yield, the grain producers are also interested in the purchase price of the wheat. Last year, due to bad weather conditions, the harvest in Burgas was far from expected. The situation was similar in Europe, so the price per ton of wheat reached in the spring of 2020 420-430 levs per ton. The price is determined by the stock exchange, specified by the industry. ...
Source: Monitor

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.