Agriculture

The Greek Agricultural Insurance Organization (ELGA) is expected to disburse the sum of 3 million euros in compensation to 3,283 agricultural producers on Friday.

The funds are being distributed for damage incurred in 2013 and 2014.

Koç Holding and its subsidiary Tat Gıda have announced that they will sell out stakes in a local livestock company to a U.S. firm, marking Koç’s exit from the agriculture sector only three days after revealing the acquisition of its meat company Maret by sector rival Namet.

BELGRADE - Three-day regional agricultural conference LANDNET dedicated to efficient land management, primarily consolidation and lease of land, kicked off in Belgrade on Monday in organization of the Ministry of Agriculture and under the auspices of the Food and Agriculture Organization (FOA) of the United Nations and the German Organization for Technical Cooperation (GIZ).

The heavy rain has ruined around 250 000 decares of wheat area, according to Bulgarian Agriculture Minister Dimitar Grekov.

In a Sunday interview for the Bulgarian National Radio, Grekov announced that Bulgaria had anticipated a harvest of 5 million tons of bread wheat, the best yield in 8-9 years, prior to the floods.

Bulgaria's Agriculture Ministry has updated the data about the production of basic cereals in 2013.

After the update, an increase in stocks by 857 000 tonnes was registered, mainly due to maize and sunflower, according to data of Bulgaria's National Grain and Feed Service, as cited by farmer.bg.

After years of acrimonious debate, European Union states are finally near a compromise solution on the cultivation of genetically modified (GM) crops that will give reluctant governments the right to opt out from the practice.

The Union of Cattle Breeders called Friday a national protest on June 16 to express disgruntlement with institutional indifference to problems in the sector.

It announced the event after another organization representing stock breeders staged a 10-minute demonstration near the south-western town of Dupnitsa.

Daniela Bobeva, Deputy Prime Minister in charge of economic development, has presented a new instrument of the Bulgarian Development Bank (BDB) in the sphere of agriculture.

BELGRADE – The direct damage to agriculture is estimated at EUR 500 million and experts agreed Wednesday that it is necessary to re-sow the flooded fields as soon as possible and provide sufficient quantities of food for the surviving cattle.

"No food shortage, enough wheat for export"

BELGRADE -- Between 3 and 4 percent of arable land in Serbia was covered in water in the recent floods, but there will be enough food for the country's needs.

The wheat harvest will even yield enough for export, head of the association of grain farmers and exporters Žita Srbije Vukosav Saković told Tanjug on Friday.