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Bulgarian farmers planted higher area under rapeseed in marketing year (MY) 2022/23 due to attractive and consistently increasing prices.
The prospects for MY2022/23 winter grain crops remain favorable due to the relatively mild winter, sufficient soil moisture reserves, and snow cover. Higher input costs, however, may have a negative impact on the average yields due to expected lower application of inputs.
On September 17, 2020, the Bulgarian Ministry of Agriculture (MinAg) reported the 2020 wheat harvest at 4.63 million metric tons (MMT), a 21-percent decline from marketing year (MY) 2019/20.
Following the conclusion of Bulgaria’s rapeseed harvest in late July, Ministry of Agriculture (MinAg) and industry reports indicate lower than expected yields and production.
Post forecasts that Bulgaria’s stone fruit crop in marketing year (MY) 2020 will increase by 5.6 percent.
Bulgaria’s dairy industry continued to stabilize in 2019.