Agroinsurance

NEWS

Bulgaria - FAS USDA cut its wheat crop forecast

26.12.2014 249 views

Rainy weather in November 2014 prevented Bulgarian farmers from planting winter crops to a full extent, reads a report published by the Foreign Agricultural Service of the U.S. Department of Agriculture (FAS USDA). They ended up with a 150-200 Th ha smaller wheat area than projected. As a result, the forecast for next year’s total crop of Bulgarian wheat was cut to 4.6 MMT that is below the 2014 level of 4.92 MMT.

The place of winter wheat in the fields will be given to corn and sunflower, which will be sown in spring. FAS USDA forecasts that this crop’s acreage will expand by at least 440 Th ha against the current year due to the shortfall of winter crop plantings and attractive corn prices.

Source - http://www.blackseagrain.net/

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