The meat industry is waiting for the grill season
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that the abattoir entry price of slaughter pig in the ‘E’ trading category kept falling in the European Union – it was 12 percent lower if measured in Forint in January-April 2010 than in the same period twelve months earlier. As the weather is improving the grill season is about to start and this will have a positive effect on demand for pork and on prices. According to a forecast by the European Commission, the abattoir entry price of slaughter pig in the ‘E’ trading category will be about EUR 1.53/kg in the 3rd quarter. In line with current trends in the EU, the production price of domestically bred slaughter pig decreased by 15 percent.
Related news
Related news
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >