Sunflower is BGN 130/ton cheaper than a year earlier in Bulgaria
Wheat
Published Mar 20, 2024
Tridge summary
As of mid-March, wheat stocks in the country are estimated at over 2.26 million tons, with exports since July last year reaching over 4.26 million tons. The average purchase price of wheat has seen a decrease to BGN 359 per ton. Meanwhile, over 1.62 million tons of sunflower oil have been harvested since the last season, with Ukraine being the primary importer. The average purchase price of sunflower has seen a slight decrease to BGN 725 per ton from BGN 726 per ton at the start of March.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Wheat stocks in the country as of mid-March are estimated at 2,262,283 tons according to preliminary information from the Ministry of Agriculture. Since the end of July last year, 4,264,308 tons of wheat have been exported from the country. In 2023, more than 6,588 million tons were produced in our country. On the domestic market, the tendency for wheat to become cheaper continues. Last week, its average purchase price decreased to BGN 359/ton compared to BGN 371/ton for the previous week and BGN 379/ton as of March 1, 2024. Compared to a year earlier, the average purchase price for March was BGN 118 lower. In the case of fodder wheat, the agricultural statistics also report a decrease to BGN 338/ton. More than 1,623 million tons of sunflower oil have been harvested since the last harvest. There were 270,884 tons of initial stocks in the country, and the imported amount was 362,313 tons, which is over a third of the national production. It is known that Ukraine is the largest ...
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