Bulgaria: Grain and Feed Update

In marketing year (MY) 2019/20, Bulgaria’s total grain harvest was 8.5 percent above MY 2018/19, including almost 4.0 million metric tons (MMT) of corn, a production record. Higher domestic stocks, favorable export demand, and lower domestic consumption, supported the increase in exports. As of early April 2020, wheat exports increased by 29 percent over April 2019, barley exports increased by 44 percent, and corn exports similarly were up by 60 percent, due to substantial demand outside of the European Union (EU) following the global COVID-19 outbreak. Despite dry conditions during fall 2019 and for most of winter 2019/20, snowfall during the second half of March provided much needed precipitation in many parts of the country, although eastern Bulgaria remains dry. Spring planting is on track, despite some input supply chain disruptions in March due to the COVID-19 outbreak. Assuming favorable weather conditions, Post expects MY 2020/21 grain production will be comparable to MY 2019/20.

Bulgaria: Grain and Feed Update