Bulgaria: Bulgarian Corn Crop Estimated to be the Lowest in Over a Decade

FAS/Sofia has revised further downward its estimate for Bulgaria’s MY 2024/25 corn crop to 1.7 million metric tons (MMT) based on the latest harvest data and which, if confirmed, will be the smallest crop since 2012. This is due to the severe summer heat and drought. Conversely, based on the latest harvest data the estimate for the barley crop is increased to 1.1 MMT (compared to 797,000 MT last year), the highest since 2004. Wheat production is also adjusted slightly upward to 7 MMT, based on the final harvest data. Abundant winter grains production, a much better quality of the crop, and favorable export demand have all led to a strong start to the export season. At the same time, MY 2024/25 corn exports and domestic use are forecast to decline sharply due to the local deficit and allegedly poor quality of the crop. Wheat and barley feed/industrial uses are expected to increase and compensate for the lower corn consumption.