Bulgarian corn less attractive to farmers

19.10.2016

During the second consecutive season Bulgaria loses ground in corn market. While Ukraine, Russia and Romania increase corn production, Bulgarian farmers might have decided not to enter this competition.

Firstly, after last season’s bad experience Bulgarian grain producers reduced corn planted area for the 2016 crop by 9.5% to the level of previous years, partially expanding wheat acreage.

Secondly, dry weather conditions during corn pollination period significantly reduced its productivity potential in this country. UkrAgroConsult estimates that corn production in Bulgaria will be 7% lower than last year and the lowest over the past four seasons.

Full version of the article is available to subscribers for weekly market report “Black Sea Grain & Oil” and “Online market review” by UkrAgroConsult.

 

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