The poultry sector expects modest growth with a 270 billion HUF in revenue
The poultry sector will achieve an expected 6-7 percent revenue growth, this year. Revenues are expected around 270 billion HUF, compared last year's 250 billion – told Bárány László, chairman of the Poultry Product Board to MTI at a background conversation in Budapest on Thursday.
He added that the situation of the industry is hectic, the high feed prices have increased the costs of poultry breeders, which can only partially recognized in the market. The expected revenue growth is clearly due to the realization of the inflationary effect – reports MTI.
Related news
Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >