Text size

Economist: Grain prices will continue to drop

published on 4/19/23 3:45 PM

Георги Ангелов

Photo: Lora Turkoleva

"The farmers' problem is not related to imports from Ukraine, which are minimal - 0.3% of Bulgarian production. This is the opinion of Georgi Angelov, senior economist at the Open Society Institute. "When Ukrainian grain imports are stopped, it will become clear that this has no effect," he told BNR.

Mr. Angelov said the expected new harvest would further lower grain prices. The economist said the 2022 price had been artificially inflated on the world and Bulgarian markets. "Bulgaria produces between 6 and 7 million tonnes of grain and consumes only 1.5 million tonnes. We are a big exporter of grain and there is no way that the price in Bulgaria is higher than the world price," Angelov said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Georgi Angelov grain Open Society Institute prices Ukraine

More from category

Bulgarian-Ecuadorian business forum to be held in March

A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador office in Italy, accredited for Bulgaria. The event will take place on March 13, 2025 at the..

published on 2/28/25 2:03 PM

USA is among the main destinations for Bulgarian high-tech exports

The USA is among Bulgaria's leading foreign trade partners, the US market is among the main export destinations for Bulgarian high-tech products . This was announced by the Minister of Economy and Industry, Petar Dilov, at the opening of the Explore..

published on 2/27/25 7:41 PM

Bulgarian-Greek business forum opens in Sofia

A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by the Bulgarian-Greek Chamber of Commerce and Industry and the Bulgarian Chamber of Commerce and..

published on 2/27/25 3:41 PM

WEATHER

Pick city: Sofía

Rain
Min: 3 | Max: 5

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Bulgarian-Ecuadorian business forum to be held in March

A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador..

published on 2/28/25 2:03 PM

Share

Economist: Grain prices will continue to drop

More from category

Bulgarian-Ecuadorian business forum to be held in March

USA is among the main destinations for Bulgarian high-tech exports

Bulgarian-Greek business forum opens in Sofia

Bulgarian-Ecuadorian business forum to be held in March