The surge is driven mainly by favorable weather conditions and an expanded olive harvest expected to hit 2 million tons, compared with 950,000 tons last year.
The government had aimed to buy between 4-5 million tons of wheat from local farmers during the 2024/25 season.
While corn is under pressure, Bulgaria’s wheat harvest has improved, rising an estimated 8.5%.
These developments occur against a backdrop of global challenges, including the United States imposing a 30% tariff on South African agricultural products.
The FARM P3 pilot will directly benefit up to 4,000 smallholder farmers, providing them with new opportunities to strengthen production and market access.