Bulgarian grain trading has been slower than the previous season
18.11.2020 16:35 "Agro Perspectiva" (Kyiv) —
Following are selected highlights from a report issued by a U. S. Department of Agriculture attache in The Sofia (Bulgaria), on October 16, 2020, the Bulgarian Ministry of Agriculture (MinAg) reported the 2020 corn harvest at 91 percent complete with 2.5 million metric tons (MMT), a 15-percent decline from marketing year (MY) 2019/20. Although the reported area harvested was 26 percent higher, average yields were 29 percent lower from last year. Post revises down its estimates for the MY 2020/21 corn crop to 3.0 MMT. The fall 2020 winter grain planting season has been slow due to drought conditions. As of October 15, wheat planting was 57 percent behind last year and barley planting by 50 percent behind. Weather Overview Warm and dry summer weather persisted during the first three weeks of September, the warmest on record since 1979. Despite the generally dry conditions, limited precipitation during the first five days of September and after October 5 reached 60100 mm in northern Bulgaria, while southern regions received 4070 mm. The dry weather assisted with fall harvest in September, although the October rains led to harvest delays. Although the dry weather delayed winter grain planting, soil moisture conditions improved in October (see Maps 13, Crop Explorer and Bulgaria data). MY 2021/22 Forecast While dry conditions during the fall have delayed winter grain planting, farmers are keen to increase the area planted for winter wheat and barley due to attractive prices. Despite their efforts, winter wheat and barley planting are 57 percent and 50 percent, respectively, behind last year’s pace. Although October rainfall supported winter crop development, sub-surface soil moisture remains low, especially in major production areas. Late planting and low soil moisture presuppose a negative impact on the yield potential. MY 2020/21 Production Estimates There are no changes in Post estimates for wheat and barley crops at 5.0 MMT and 570,000 MT, respectively. Corn: According to MinAg, this year’s corn area planted reached 575,000 hectares (HA), a record high. Average yields to date are 4.86 MT/HA, 29 percent below last season. Summer heat and drought negatively affected the crop, especially in the major northeastern production region. Farmers in northcentral and northwestern Bulgaria reported higher yields, as these areas saw more rainfall than other regions. Private production estimates currently vary from 2.5 MMT to 3.0 MMT. According to Eurostat, Bulgaria’s corn crop is 2.82 MMT. The EU Crop Monitoring System estimates the average corn yield in Bulgaria at 5.0 MT/HA (MARS Bulletin #28, No 10, October 2020) which translates in production of 2.87 MMT. Currently, Post estimates the corn yield at 5.2 MT/HA and production at 3.0 MMT. MY 2020/21 Trade Estimates Bulgarian grain trading has been slower than the previous season. The fall drought and challenging planting, lower crop availability, and growing prices have made farmers reluctant to sell. As per MinAg’s weekly bulletins, late October milling wheat prices and corn prices increased by 16 percent and 19 percent, respectively, over late October in 2019. MY 2019/20 Final Trade Data Wheat: According to Eurostat (Trade Data Monitor (TDM) based on Eurostat), wheat and product exports during MY 2019/20 were 5.11 MMT (in wheat equivalent), mostly to Spain, Greece, Portugal, Romania, South Korea, and Indonesia (Table 3). This marks a 21-percent increase in wheat exports over MY 2018/19 (4.2 MMT). Barley: According to Eurostat/TDM data, exports were 321,559 MMT mainly to Libya, Saudi Arabia, Greece, and Spain, a 59-percent increase over MY 2018/19 (202,000 MT). Corn: The latest Eurostat/TDM data for corn exports in MY 2019/20 through July show 2.42 MMT, a 19-percent increase over the corresponding period in MY 2018/19 (2.04 MMT). Post maintains its forecast for corn exports in MY 2019/20 at 2.6 MMT. Agricultural Policy The summer-fall drought reduced average yields and overall declines in production and many farmers appealed for a state aid. Government officials allocated funds for domestic support for grain farmers under two programs, as follows: - State aid for farmers suffering from natural disasters in 2020, budget of 5.0 million leva (ˆ2.55 million). The program supports farmers with 100 percent loss in yields due to drought, freeze, hail or frost. The compensation for grain farmers covers up to 20 percent of their losses. Farmers who have no insurance will receive half of the due compensation. - De minimis for summer dryness for farmers in select regions (Bourgas, Varna, Dobrich, Sliven, Silistra, Shoumen, Yambol). Eligible farmers are those who have over 30 percent decline in grain yields.
18.09.2023 |
|
 |
 |
|
 |
13:55 |
Ukraine will sue Poland, Hungary and Slovakia over agricultural bans |
15.09.2023 |
|
 |
 |
|
 |
21:02 |
Following the expiry of the restrictive measures on Ukrainian exports of grain and other foodstuff to the EU, Ukraine agrees to introduce measures to avoid a renewed surge in EU imports |
13.09.2023 |
|
 |
 |
|
 |
17:54 |
Biodel AG Secures Series A Investment from Pangaea Ventures to Advance Novel Regenerative Agriculture Technologies |
 |
07:25 |
Rice Export Prices Highest in 15 Years as India Restricts Trade |
11.09.2023 |
|
 |
 |
|
 |
17:54 |
Export Bans, Black Sea Tensions, Affecting Food Markets - WTO Agriculture and Commodities Division |
09.09.2023 |
|
 |
 |
|
 |
18:36 |
Global cereal production forecast to match past record - FAO |
14.08.2023 |
|
 |
 |
|
 |
13:22 |
EBRD provides EUR60 million guarantee to support lending by Ukraine’s PrivatBank |
 |
13:18 |
Supporting small business in the west of Ukraine via Bank Lviv |
12.08.2023 |
|
 |
 |
|
 |
18:35 |
Russia Withdraws from Black Sea Grain Initiative |
04.08.2023 |
|
 |
 |
|
 |
19:32 |
Falling international maize and sugar prices partly offset notable jumps in wheat and vegetable oil quotations |
28.07.2023 |
|
 |
 |
|
 |
19:25 |
Cargill and partners announce first Gold Standard-approved methane emissions reduction methodology for beef producers |
 |
19:21 |
FAO welcomes European Union contribution of ˆ25 million to advance wildlife conservation and food security |
 |
18:55 |
BASF’s earnings in tough market environment significantly below strong prior-year quarter |
24.07.2023 |
|
 |
 |
|
 |
00:45 |
Brazil continues to make export gains and set new records for beef, pork, and chicken meat |
23.07.2023 |
|
 |
 |
|
 |
22:25 |
122 million more people pushed into hunger since 2019 due to multiple crises, reveals UN report |
22.07.2023 |
|
 |
 |
|
 |
08:17 |
U.S. dairy exports to Southeast Asia have been weak to start 2023 |
13.07.2023 |
|
 |
 |
|
 |
07:00 |
Russia Exports Record Wheat Volumes; Ukraine Exports Plummet |
08.07.2023 |
|
 |
 |
|
 |
09:00 |
FAO Food Price Index continued declining in June |
06.07.2023 |
|
 |
 |
|
 |
20:10 |
Global agricultural and food production are projected to continue to increase over the next ten years |
04.07.2023 |
|
 |
 |
|
 |
19:54 |
EBRD supports Ukrainian city of Dnipro with EUR25 million loan |
 |
09:03 |
Nibulon invests EUR 27 mln in construction of granary, flour mill in Izmail |
23.06.2023 |
|
 |
 |
|
 |
08:57 |
World coffee production for 2023/24 is forecast 4.3 million bags higher than the previous year to 174.3 million |
 |
08:55 |
Mexico’s Production Recovering from Coffee Leaf Rust |
22.06.2023 |
|
 |
 |
|
 |
04:05 |
EBRD and Ukraine government to mobilise ˆ600 million for Ukraine energy security |
21.06.2023 |
|
 |
 |
|
 |
20:26 |
EBRD and Ukraine government to mobilise EUR600 million for Ukraine energy security |
11.06.2023 |
|
 |
 |
|
 |
15:55 |
Argentina ramps up soybean imports from Paraguay and Brazil |
10.06.2023 |
|
 |
 |
|
 |
04:35 |
World Oceans Day must be Humans Day: FAO Fisheries chief |
09.06.2023 |
|
 |
 |
|
 |
11:24 |
EU extends trade benefits for Ukraine |
05.06.2023 |
|
 |
 |
|
 |
11:25 |
2023/24 Grain Production Exceeds Consumption |
02.06.2023 |
|
 |
 |
|
 |
11:45 |
Rebound seen for global cereal output, with worldwide stocks set to hit record levels |
 |
11:35 |
Significant drops in international quotations for wheat, maize, vegetable oils and cheese, while prices of rice, sugar and meat rise |
01.06.2023 |
|
 |
 |
|
 |
11:56 |
Conflict Drives Acute Hunger in the Democratic Republic of Congo - UN agencies warn |
31.05.2023 |
|
 |
 |
|
 |
12:29 |
Three New Foods and Their Applicable Food Safety Standards |
30.05.2023 |
|
 |
 |
|
 |
11:55 |
Haiti: Nearly half of the population is facing acute hunger |
 |
11:34 |
Increasing risk of hunger set to spread in hotspot areas as the Sudan crisis spills over into subregion and el Niño looms - warns new UN report |
28.05.2023 |
|
 |
 |
|
 |
12:51 |
Black Sea Grain Initiative not fully resumed – UN |
25.05.2023 |
|
 |
 |
|
 |
15:52 |
Ukrainian FM urges African Union to demand that Russia stop obstructing work of grain corridor |
20.05.2023 |
|
 |
 |
|
 |
11:49 |
Grain initiative talks continue considering proposal of UN Secretary General – Dpty Minister of Restoration |
05.05.2023 |
|
 |
 |
|
 |
14:45 |
The FAO Food Price Index rebounded slightly in April |
28.04.2023 |
|
 |
 |
|
 |
09:15 |
Yara . 1Q results impacted by falling prices, but tighter nitrogen market into 2Q |
21.04.2023 |
|
 |
 |
|
 |
22:10 |
Ukraine sees no reason to ban Ukrainian grain imports by EU countries - Solsky |
18.04.2023 |
|
 |
 |
|
 |
21:45 |
$5 million from FAO-China South-South Cooperation Programme will assist in building more resilient agrifood systems |
 |
21:05 |
China Becomes World’s Largest Wheat Importer in 2022/23 |
14.04.2023 |
|
 |
 |
|
 |
09:52 |
EBRD and Spain join forces to support Ukraine’s food security and municipal sector |
05.04.2023 |
|
 |
 |
|
 |
13:10 |
Astarta starts 2023 planting season |
31.03.2023 |
|
 |
 |
|
 |
00:27 |
War in Ukraine continues to impact EU farmers |
28.03.2023 |
|
 |
 |
|
 |
22:17 |
Ukraine sends 150,000 tonnes of wheat to Asia |
 |
12:00 |
Global onion prices are at record-high levels due to a global shortage of onions |
12.03.2023 |
|
 |
 |
|
 |
06:17 |
It will enrich Egypt if a kilo of onions costs HUF 1,000 |
10.03.2023 |
|
 |
 |
|
 |
11:03 |
Plummeting Argentina Soybean Production Impacts Global Soybean and Products Trade |
Also available:

|