Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian wheat is waiting in storage

Photo: Archive

Agricultural production worth more than 17 million euros is not being sold and is waiting in storage in Silistra region due to low purchase prices, BTA reported. 

On the one hand, the prices of EU-authorised fertilisers and chemicals are very high, and on the other, uncontrolled imports of cheap agricultural produce from Ukraine are making the Bulgarian harvest unsellable. Since September, the price of wheat has fallen by EUR 50 per tonne and the price of Bulgarian wheat is currently around EUR 250 per tonne, which is significantly below its cost. In order to make room for the new crop, many farmers will have to sell at break-even prices and take out loans to finance the new crop. This will inevitably lead to bankruptcies in the industry among smaller farmers. According to industry representatives, the situation is the same in Romania. 
That is why representatives of the sector from both countries are proposing that Ukrainian agricultural products exported under the so-called solidarity corridors should transit through EU Member States without remaining on the European market. This problem has been repeatedly signalled by the Minister for Agriculture, Yavor Gechev, who has called for the problem to be resolved at European level.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Plovdiv District Prosecutor Vanya Hristeva

Scheme for fictitious deals with fuel exempt from excise duty has been uncovered

A scheme for tax crimes through the use of documents with false content about carrying out fictitious deals with fuel exempt from excise duty has been busted. The avoided payment of excise duty is over 4.8 million EUR. The company, which was..

published on 12/10/24 5:34 PM
We Continue the Change Co-chairman Kiril Petkov

We Continue the Change Co-chairman Kiril Petkov gives up his imminuty

 We Continue the Change Co-chairman Kiril Petkov has submitted to the registry of the 51st National Assembly a waiver of his parliamentary immunity.   ''Today, I signed a waiver of my parliamentary immunity. Neither Peevski, nor the other thugs,..

published on 12/10/24 4:49 PM

Scientists study the genome of Bulgaria

More than 1,000 people have participated in the pilot phase of the project "The Genome of Bulgaria", which aims to collect and analyze a representative sample of genomes from contemporary Bulgarians. With this initiative, Bulgaria will contribute to..

published on 12/10/24 4:03 PM