Livestock breeders in Bulgaria give a maximum of 18 months of life to native dairy production

Published Mar 10, 2023

Tridge summary

Bulgarian animal husbandry is facing a crisis due to low milk purchase prices, market distortions, and the influx of rejected imported feed, with the industry at risk of collapse within 1.5 years. Farmers are struggling with high food prices and a lack of state protection, leading to bankruptcies and calls for a meeting with the President and Prime Minister. The country is also experiencing delays in crisis aid and the implementation of its Strategic Plan for agriculture, which has been humiliating for farmers. Additionally, the cattle sector is dealing with challenges such as reducing harmful emissions and climate change impacts, exacerbated by the flooding of the market with imported meat instead of supporting local production. This situation has led animal breeding organizations to warn of potential protests if the government does not change its policies and support the farming community.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bulgarian animal husbandry is at a complete impasse after the collapse in the purchase prices of milk and the subsequent bankruptcies, but the control bodies continue to be inactive, and the market is full of rejected imported feed, which, due to the low prices, completely undermines the production of native animal breeders. And if the state does not take urgent protective actions against market distortions, our country will not have Bulgarian milk production within a year and a half at the latest. This was announced in an extraordinary press conference today by representatives of the main animal breeding organizations in the country - Boyko Sinapov and Penka Hristova from United Livestock Breeders, Mikhail Mihailov and Dimitar Zorov - from the Union of Cattle Breeders in Bulgaria, Tsvetozar Hristov, a representative of one of the Sofia breeding organizations, etc. . The market hysteria with the increase in food prices is putting additional pressure on farmers, who are not at all ...
Source: Sinor

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.