AKI: a significant part of meat products was also cheaper than last year’s level in July

By: Trademagazin Date: 2024. 08. 05. 13:34

In mid-July, producer and processor sales and retail purchase prices of a significant part of pork and poultry meat were lower than at this time last year – read the summary of the Agrárközgazdasági Intézet (AKI).

In an annual comparison, the producer price of Hungarian slaughter pigs was more than 10 percent lower, costing HUF 836-837 per kilogram in July. The processing sales and retail purchase prices for the majority of raw pork were also more moderate than in mid-July last year.

The producer price of slaughter pigs from domestic production has been below the 2023 level for the whole year so far, and although it is slightly higher than in 2022, the difference has been reduced to a minimum compared to the previous month, they said.

According to the AKI’s data, the producer price of poultry lags even more than a year earlier.
Broiler chicken was almost 18 percent cheaper than last year, with a price of around HUF 413 per kilogram. The price of slaughter turkey decreased by about 15 percent, so it was close to HUF 592. The prices of most fresh chicken and turkey are also lower than last year, sometimes by more than 10 percent.