March 12, 2012

Poland export more eggs to Bulgaria to ease price hike

Poland will export more eggs to Bulgaria so as to help ease the market after its recent shocking egg price hike.

Bulgaria's Agriculture Minister Miroslav Naydenov has already talked with his Polish counterpart Marek Savicki, who has assured him that he will contact local producers immediately, the Bulgarian Agriculture Ministry has announced, reports NoviniteNews.

Poland is the largest egg producer among the EU27.

Egg prices in Bulgaria doubled in the course of the last two weeks, exceeding EUR0.25 (US$0.33) per egg at some places.

If a cartel agreement among egg producers is proven, the financing intended to compensate producers for complying with EU requirements on laying hens' welfare will be stopped, Naydenov warned on Tuesday (Mar 6).