Opportunities for sustainable development of grain production in Bulgaria against the background of market, natural and demographic crises
Opportunities for sustainable development of grain production in Bulgaria against the background of market, natural and demographic crises

Author(s): Elena Stefanova
Subject(s): Economy, National Economy, Business Economy / Management, Agriculture
Published by: Международно висше бизнес училище
Keywords: grain production; sustainable development; trends, crises; technological innovations
Summary/Abstract: A considerable portion of the agricultural land in the plains of the country is currently used for grain production. This is an industry lying on rich traditions stemming from Bulgaria’s favourable climate coupled with appropriate soil characteristics and valuable features of any such crops for various sorts of fodder fed to farm animals and used in the food industry. The main bulks of cereals open opportunities to guarantee strategic food reserves of Bulgaria. The remaining quantities enjoy good marketability internationally. While cereal crop production enjoys such favourable prerequisites it also faces a number of issues. The list of the latter may start form the lack of labour force in Bulgaria’s rural regions, which would be supposed to apply new technology and make use of today’s modern agricultural equipment or to follow the climatic changes entailing drought, substandard success in fight against natural disasters such as hail or floods, dynamics in the regulatory framework which the competitiveness of the sector would depend on (allowing duty-free imports of grain from other countries), or untimely payment of subsidies. The goal of this article is, bases on the trends in the production of some of the main cereals’ crops, to discuss any opportunities to stimulate the sustainable development of cereal production in Bulgaria and overcoming the consequences of a variety of kinds of crises.

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