Bulgaria's Pork Prices Jump by 20% in 1 Week

Business | September 20, 2012, Thursday // 12:17
Bulgaria: Bulgaria's Pork Prices Jump by 20% in 1 Week File photo by monitor.bg

Pork prices in Bulgaria have increased by 20% over the last week, reaching between BGN 7.4 (EUR 3.78) and BGN 9 per kilogram.

The drastic increase has been driven by upped fodder prices, local producers have explained.

Dobrin Papazov, chair of the Bulgarian Association of Swine Breeders, has told the Bulgarian National Television that prices are expected to go up by a further 10%.

He has reminded that pork prices have also increased in the rest of Europe.

Bulgaria is a net importer of pork, Papazov said, reminding that pork prices increased by 20% in Germany just two weeks ago.

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Tags: pork, swine, prices, fodder
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