High grain prices affect Bulgarian foodstuffs

Prices of dairy products went up by 10%. The price of bread increased by 0.05
leva, mediapool.bg reported. Chicken and egg prices will increase from next
week, the poultry-farmers’ union announced. The wholesale price a kg will become
four leva instead of the current 3.60 to 3.70 leva. Egg prices will probably
exceed 0.20 leva, the union said.

Rising price of
grain
Poultry farmers said that the main reason for the price hike
was the rising price of grain. A ton of grain costs 300 to 400 leva, compared to
160 leva in 2006. The increased grain prices resulted from poor crops, leading
to increased demand and in turn, higher prices.

In some regions of the
country bread prices exceeded 0.80 leva a kg. The town of Dobrich experienced
three price hikes in 30 days. The price in Montana reached 1.40 leva a kg.
Agriculture and Food Minister Nihat Kabil said that if the trend continues,
bread prices could reach 1.60 leva a kg.

1 leva = US$0.70 or
€0.5