Weak Forint helped the sheep market too

By: trademagazin Date: 2011. 02. 28. 07:39

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the price of small-weight sheep, thanks to an increased demand around Christmas, increased in both Italy and Hungary. However, in Italy sheep prices decreased if compared with the same period a year earlier, while in Hungary the weakening of the Forint and smaller sheep supply resulted in increased prices. In December the production price of domestically bred slaughter pig augmented by 1 percent; the production price of slaughter cattle price soared by 13 percent. Until early December last year 10 percent more broiler chicken was purchased from breeders, but at a 2 percent lower live-weight price than a year before.

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