Bulgaria: We sold only 40 thousand tons of wheat to Spain and Portugal, out of 1.1 million tons in 2022

Published 2023년 5월 19일

Tridge summary

Bulgarian grain producers are facing a crisis due to the support of Ukraine by Europe, leading to duty-free imports and the collapse of local markets. The war in Ukraine has disrupted logistics and increased stockpiles of last year's grain. The situation is further complicated by disease and low exchange prices for crops. Bulgarian farmers are struggling with higher costs due to European environmental and quality requirements, and are seeking support from other European farmers to find new mechanisms to address these challenges. However, they are wary of the potential for blocked markets and are critical of the Common Agricultural Policy, which they feel does not adequately represent their interests. The National Association of Grain Producers in Bulgaria is planning to continue negotiations with other European countries to address these issues.

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

Original content

It is scary when established markets collapse before your eyes in a matter of months, but not because you are to blame, but because Russia started a war with Ukraine and to support the attacked country, Europe created the grain transport corridors. However, without taking into account the fact that, supporting the injured Ukrainian farmers, this policy of duty-free imports will leave Bulgarian grain producers and their colleagues from other Eastern European countries without markets. Therefore, this spring the entire industry is faced with the unprecedented situation just before the harvest when the warehouses are full of last year's grain. And the main reason for this is the difficult logistics related to the military actions and the seized Bulgarian markets. To outline the sentiment among the industry, Signor. bg sought comment from three of the well-known farmers in the industry - Iliya Prodanov, chairman of the National Association of Grain Producers (NAZ), Radostina Zhekova, ...

Source: Sinor