Bulgaria Holds Strong Position as Wheat Consumption Set to Overtake Production Worldwide

The global wheat market is entering what experts describe as a structural turning point, with early projections for the 2026 harvest indicating that worldwide consumption will surpass production. This assessment was presented by Vasil Simov, executive director of the Sofia Commodity Exchange (SCE), during an appearance on NOVA NEWS, where he highlighted a notable imbalance emerging in global grain supply dynamics. Simov said the coming harvest is expected to fall by around 45 million tons compared to previous periods, marking a significant contraction in global output. ...