Bulgaria: Oilseeds and Products Market Update

FAS Sofia adjusts upwards Bulgarian rapeseed production in marketing (MY) 2021/22 to 376,000 metric tons (MT), 35 percent higher than in the previous season, as per the final harvest results. As of October, the rapeseed planting MY 2022/23 was 10 percent more than a year ago at 104,000 hectares (HA). Although the sowing was late, record high rapeseed prices stimulated farmers to expand the area planted. Rain and cooler temperatures in the spring were favorable for early sunflower crop development, however, hot and dry summer weather reduced the yield potential. As of the end of October, 97 percent of sunflower was harvested with production to date at 1.94 MMT. Post maintains its previous production projection at 2.0 MMT.