Bulgaria. Huge grain supply continued to pressure grain prices

20.10.2016

Decrease in purchasing prices was seen on the domestic market of Bulgaria over the reporting week. Domestic prices for both milling and feed wheat were under the pressure of a huge grain supply on the market. At the same time, export prices for Bulgarian milling wheat with 11.5% protein strengthened by USD 1 due to high import demand from the EU.

Barley market remains not active. The pace of trading and purchasing activities is low on the domestic market due to decreased stocks, as well as limited demand from traders. Exporters are focused on wheat and corn sales.

More information on price behavior on grain market in the countries of Black Sea region is available to subscribers for weekly market report "Black Sea Grain & Oil" and "Online market review" by UkrAgroConsult.

 

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