Bulgaria's 2016 Wheat Production Rises 16% Y/Y through End-July

Bulgaria's 2016 Wheat Production Rises 16% Y/Y through End-July

Bulgaria's wheat crop increased by 15.6% year-on-year in 2016 through July 31, reaching 5.18 million tonnes due to both higher yields and increased acreage under wheat, according to new figures released by the country’s Agriculture Ministry.
The average yield was 4.79 tonnes per hectare in 2016.
Bulgaria also had in stock 526,694 tonnes of wheat from previous years as of end-July.
Increased production pressured domestic prices to 248 leva per tonne of bread wheat from 2016 crop, down from 295 leva as of end-July 2015.
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