Bulgaria's Exports of Cereals Top 7 M Tonnes

Business | June 16, 2014, Monday // 15:05| Views: | Comments: 0
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Bulgaria: Bulgaria's Exports of Cereals Top 7 M Tonnes Photo by BGNES

Bulgaria's Agriculture Ministry has updated the data about the production of basic cereals in 2013.

After the update, an increase in stocks by 857 000 tonnes was registered, mainly due to maize and sunflower, according to data of Bulgaria's National Grain and Feed Service, as cited by farmer.bg.

After the update, total production for the agricultural year 2013 – 2014 stood at 11 262 500 tonnes.

Over 10.4 million tonnes of the total were used for exports and for domestic consumption.

In the period mid-2013 until end-May 2014, over 7.1 M tones of wheat, maize, sunflower, etc, were exported, including more than 4.9 million tonnes of exports to EU countries.

Wheat accounted for the largest volume of exports, at 3.7 million tonnes, including over 2.4 million tonnes of exports to EU countries.

By end-May 2014, the available stocks of major cereals and oilseeds, including wheat, barley, maize, sunflower, rapeseed, rye, oats, triticale, sorghum and husked rice, amounted to 1.4 million tonnes, including stocks of wheat of slightly over 360 000 tonnes (of which 143 937 tonnes were stored at mills, or 39.94% of the total).

The most limited amount was that of barley stocks, at around 34 000 tonnes, while stocks of maize and sunflower were substantially higher.

During the update, an increase in maize stocks to 2 699 600 tonnes was registered. So far, over 2.3 million tonnes of maize have been consumed and exported, and by end-May, stocks were at 650 000 tonnes.

The situation was similar with sunflower, where the update also registered an increase in stocks.

The total harvest in 2013 – 2014 stood at 1.9 million tonnes, of which around 1.6 million tonnes were used for domestic consumption and were exported.

Stocks by end-May amounted to 390 346 tonnes.

Average prices (VAT excluded) at which cereals were traded in the country in May 2014 stood at BGN 339 per ton of wheat, BGN 314 per ton of barley, BGN 298 per ton of maize, and BGN 609 per ton of sunflower.

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