Bulgaria: Oilseeds and Products Market Update
The Bulgarian Ministry of Agriculture (MinAg) increased its post-harvest estimate for rapeseed due to higher yields. Eighty-five percent of new-crop rapeseed was exported as of early December. The sunflower harvest was reported as complete in early November. Hot and dry late-summer weather reduced sunflower crop production. The new marketing year (MY) started with higher sunflower stocks, which Post expects will be reduced by domestic users by the end of the season. Domestic demand is stronger for sunflower.