The import of Ukrainian milk crushed the prices of Bulgarian producers

Bulgaria

Published Mar 17, 2023

Tridge summary

The increased production costs, which are complemented by the pressure to reduce the purchase prices of milk, are the challenges facing the dairy sector, which keep its profitability at critical levels. This is clear from the monthly analysis for February by SARA - Center for Economic Analyzes of Agriculture. The purchase prices of milk in our country increased by 33% last year. The import of cow's milk from Ukraine in the last month exerts a visible pressure on the purchase prices of the raw material on the part of milk processors. The offer of purchase prices below BGN 1/kg, however, threatens to find enough milk for processing, SARA analysts are categorical. This year, milk production in the country is expected to drop by about 2% to 890,000 kg compared to 2022. Cow milk production for 2023 is estimated at 790,000 kg, and sheep milk at 65,000 kg.

Original content

The increased production costs, which are complemented by the pressure to reduce the purchase prices of milk, are the challenges facing the dairy sector, which keep its profitability at critical levels. This is clear from the monthly analysis for February by SARA - Center for Economic Analyzes of Agriculture. An indicative schedule 2023 for the subsidies for Campaign 2022 has been published by the DFZ The purchase prices of milk in our country increased by 33% last year. The import of cow's milk from Ukraine in the last month exerts a visible pressure on the purchase prices of the raw material on the part of milk processors. The offer of purchase prices below BGN 1/kg, however, threatens to find enough milk for processing, SARA analysts are categorical. This year, milk production in the country is expected to drop by about 2% to 890,000 kg compared to 2022. Cow milk production for 2023 is estimated at 790,000 kg, and sheep milk at 65,000 kg . The volume of milk purchased in the EU ...

Source: Agri