Agrarian expert: new impetus for agricultural investments

Agricultural investments have been further boosted: in the first half of the year the value of agricultural investments grew by 30 percent – Fórián Zoltán, senior agricultural expert of the Takarék Agricultural Center told M1 news channel on Wednesday.

He added: the favorable interest rate environment and the low cost of funding at a historically low level are also beneficial to the developments. According to the expert, an accelerated pace of change in the sector can be observed, as farmers are adapting not only to subsidies but rather to market conditions.

He pointed out that Hungarian agriculture is doing well, and all of its indicators are improving for years. (MTI)