Browse Data and Analysis

The Bulgarian livestock industry is experiencing strong production growth in 2024, following the expansion of swine numbers and commercial cattle numbers in 2023.

Argentine wheat production in marketing year (MY) 2024/2025 is forecast up at 18.6 million tons, 600,000 tons higher than USDA’s official estimates as a result of higher planted area. Exports in the same period are projected up at 12.4 million tons...

FAS/Sofia expects growth in Bulgarian poultry production in 2024, driven by declining feed/production costs and improving competitiveness, as well as by continued growth in consumer incomes, travel, and tourism.

FAS/Sofia expects a lower Bulgarian rapeseed crop in marketing year (MY) 2024/25, falling by four percent from last year to about 200,000 metric tons (MT), due to a combination of reduced harvested area and unfavorable weather.

For marketing year (MY) 2023/24, Post updates fresh lemon production down to 1,700 metric tons (MT). This revision is attributed to the unexpected weather conditions with temperatures higher than usual and rains during harvest that affected original production estimates.

Bulgaria has enjoyed favorable weather so far in MY 2024/25 that has supported the positive development of both winter and spring grains. Currently, FAS/Sofia estimates the MY 2024/25 wheat crop at 6.9 million metric tons (MMT), slightly above last year's crop.

In 2023, Bulgarian imports from the United States surpassed the $100 million mark for the first time. The growth was due to a substantial increase in Bulgarian imports of U.S. beef, tree and ground nuts, food preparation, whiskies, animal feed, and wood.

Argentine sugar exports in marketing year (MY) 2024/2025 are projected at 625,000 tons raw value, the largest in the past 15 years due to the combination of expected large production and large stocks of sugar passed in from the previous marketing year.

Post forecasts Argentina soybean production at 51 million metric tons (MMT) in marketing year (MY) 2024/2025 as production returns to assuming good weather in the year ahead and increased soy planting at the expense of wheat and corn, particularly in late or second crop soy.

In 2023, U.S. agricultural exports to Bulgaria surpassed the $100 million mark for the first time. The growth was due to a substantial increase in U.S. exports of beef, tree and ground nuts, food preparations, whiskies, animal feed, and wood.

In 2023 Bulgarian dairy farming stabilized with a growth in milk deliveries. This was due to improved milk yields despite continued decline in the dairy cow herd, and due to record high fluid milk imports.

Argentine wheat production in marketing year (MY) 2024/2025 is forecast at 16.8 million tons, 1 million tons higher than the previous weather-affected season. Exports are projected to remain practically flat at 10 million tons (including wheat flour in its wheat equivalent.