Bulgaria: Milk shortages continue

Published 2022년 10월 17일

Tridge summary

The latest report from the Center for Economic Research in Agriculture (SARA) in Bulgaria reveals that the purchase price for cow's milk in October is BGN 0.89/kg. However, it is uncertain how many farmers are selling at this price due to rising feeding costs and a decrease in the volume of purchased milk in the EU, which is expected to continue. In Bulgaria, purchased milk decreased by 6% from January to July 2022, and SARA predicts a total purchase of 650 thousand tons for 2022. The European Commission's Dairy Observatory also notes a decline in the volume of purchased milk in the EU, while prices continue to rise. SARA also forecasts a decrease in the number of dairy cows and dairy sheep in Bulgaria for 2022.

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

Original content

The estimated purchase price of cow's milk in our country for the month of October is BGN 0.89/kg. This is shown by the data in the latest bulletin of the Center for Economic Research in Agriculture (SARA). However, it is not clear how many of the breeders realize their production at this price. The fertility requirement for dairy cows is removed, but age restrictions remain One thing is certain - the cost of feeding animals is increasing at a much faster rate than the price of milk. This is the main challenge facing the sector, analysts report. According to data from the Dairy Observatory of the European Commission, for the period January-July 2022, purchased milk in Bulgaria decreased by 6%, and SARA fears that the total purchased milk for 2022 may fall to 650 thousand tons. European statistics show that overall the volume of purchased milk in the EU is falling on an annual basis and the process is expected to intensify in the coming months. However, raw material purchase prices ...

Source: Agri