Floods Threaten Bulgaria’s Harvest

Business | June 25, 2014, Wednesday // 10:56
Bulgaria: Floods Threaten Bulgaria’s Harvest Photo by BGNES

The harvest season in Bulgaria could be delayed as a result of the intensive rains and floods in the country.

“Up to 250,000 decares of wheat have been destroyed by the rains and it could take at least a week longer than usual for the machines to go in and collect the harvest”, Agriculture Minister Dimitar Grekov said, quoted by Investor.bg.

According to Tanya Dabnishka of the Bulgarian Farmers’ Association, the predicted 5 million tons of grain harvest for this season looks like an optimistic figure, and it is still hard to give clear predictions.

Estimates of the Agriculture Ministry suggest that this year’s crops could be up to 20% lower than in 2013. Minister Grekov, however, assured there would be no shortage of grain, nor soaring prices. He added that farmers who have completely lost their harvest to the floods, will be compensated with up to 80% of its value.

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Tags: floods, harvest, dimitar grekov, Agriculture Minister, grain, crops, wheat
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