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Dimitar Zorov: Many livestock breeders are stopping work because they are selling below cost

Published Mar 18, 2025

Tridge summary

The dairy sector is expecting a 15-20% reduction in prices due to the government's anti-crisis measures, which could help save livestock farming from collapse. However, an economist warns that the bill on the agri-food chain may only decrease prices by 5-10%, temporarily. The Board of the Bulgarian Agro-Food Chamber believes that the law will lead to lower prices and a fair trading environment.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The dairy sector is convinced that consumers will feel the drop in prices by about 15-20% with the implementation of anti-crisis measures by the government and this will lead to the preservation of livestock farming, which has been almost destroyed. "Currently, many livestock farmers are stopping work because they are selling below cost. This leads to a decrease in dairy animals in the country by 13-14 percent. The situation is similar in other countries of the community. In just 10 years, out of 14 million farms in the European Union, about 8-9 million have remained. At this pace, in 5 years there will be nothing to consume," Dimitar Zorov, a member of the Board of the Bulgarian Agro-Food Chamber, told Nova News. According to economist Dimitar Sabev from the Institute of Economics of the Bulgarian Academy of Sciences, the bill on the agri-food chain may push prices down a little - by 5 or 10%, but this will only be temporary and will not be effective. "The consumer is ...
Source: Agri

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