Bulgaria: CAPA expects the purchase prices for sunflower to be BGN 1,300/t and BGN 660/t for corn

Sunflower Seed

Maize (Corn)

Bulgaria

Published Aug 4, 2022

Tridge summary

According to current estimates of the Center for Economic Analyzes in Agriculture (SARA), the harvested areas with corn this year will be about 550,000 ha, which is 4% less than the previous year. Despite the good natural conditions during the growing season so far, climatic conditions during the critical July and frugal agricultural techniques in the current year give reason for the average yield to be currently estimated at 6 t/ha, and the total production to reach 3.3 million tons.

Original content

Corn According to current estimates of the Center for Economic Analyzes in Agriculture (SARA), the harvested areas with corn this year will be about 550,000 ha, which is 4% below the previous year. Despite the good natural conditions during the growing season so far, climatic conditions during the critical July and frugal agricultural techniques in the current year give reason for the average yield to be currently estimated at 6 t/ha, and the total production to reach 3.3 million tons. In 2021, production amounted to 3.38 million tons. According to forecasts by JRC-Mars, the yield will be 6.55 t/ha, while average yields for the EU may fall by 8% on an annual basis to 7.25 t/ha. Average market prices for 2022/23 corn from the field (Central B-ya) are predicted to be around BGN 660/t ±5%. Sunflower In the case of sunflower, it is expected that the high share of areas will remain up to 840 thousand ha, which is 1% up compared to last year. SARA's estimate for the 2022/23 harvest is ...

Source: Agroplovdiv