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Attaché Report (GAIN)

Bulgaria: Grain and Feed Market Update

Based on the final official harvest data, the Bulgarian corn crop fell to only 1.5 million metric tons (MMT) in marketing year (MY) 2024/25. This is the smallest corn crop since 2012, and was impacted by intense summer heat and drought followed by adverse rainy weather during the harvest.
FAS/Sofia has revised further downward its estimate for Bulgaria’s MY 2024/25 corn crop to 1.7 million metric tons (MMT) based on the latest harvest data and which, if confirmed, will be the smallest crop since 2012. This is due to the severe summer heat and drought.
Attaché Report (GAIN)

Bulgaria: Grain and Feed Market Update

FAS/Sofia has revised downward its estimate for Bulgaria’s MY 2024/25 corn crop to 2.2 million metric tons (MMT), which if realized would be the smallest crop in over a decade. This is due to severe summer heat and drought in July and in early August.
After hitting bottom during the previous season, Spain’s fodder production and exports are set to recover in MY 2024/25. A combination of higher area and yields are projected to bring fodder production to average levels.
Attaché Report (GAIN)

Bulgaria: Grain and Feed Market Update

Bulgaria has enjoyed favorable weather so far in MY 2024/25 that has supported the positive development of both winter and spring grains. Currently, FAS/Sofia estimates the MY 2024/25 wheat crop at 6.9 million metric tons (MMT), slightly above last year's crop.
Following three consecutive seasons of tight supply, favorable fall and winter conditions have been followed by abundant spring precipitation across Spain, with the notable exception of the eastern part of the country.
Attaché Report (GAIN)

Bulgaria: Grain and Feed Market Update

FAS/Sofia’s marketing year (MY) 2023/24 corn production estimate is lowered to 2.5 million metric tons (MMT) based on the harvest progress to date. The corn crop suffered from severe and prolonged summer drought and high heat which reduced yields considerably.
For MY 2023/24, lower area and poor yields are expected to push production levels well below the previous year’s levels.
Attaché Report (GAIN)

Bulgaria: Grain and Feed Market Update

FAS Sofia updates its forecasts for Bulgarian production of grain crops in marketing year (MY)2023/24 to 10.5 million metric tons (MMT), based on improving prospects for average yields for wheat, barley, and corn.
Several Spain grain supply chain actors have released their first estimates for grain production for MY 2023/24 and concur with the poor crop prospects.
Spain is facing a second consecutive year of poor grains crops. While northernmost grain producing areas still hold production potential, yields in the country’s southeast are estimated to have declined significantly.
Dashboard that demonstrates the scope of Black Sea grain and oilseed trade. Millions of tons of grain are shipped through these international waters each year, making the Black Sea region a major supplier of agricultural commodities worldwide.