Pig prices grew in the USA and fell in Europe

By: Trademagazin editor Date: 2020. 11. 10. 19:21

AKI logoAccording to the Research Institute of Agricultural Economics (AKI), the United States Department of Agriculture (USDA) reported that the price of pig was USD 1.7/kg in the USA in October 2020. This price was 25 percent higher than one year earlier. In the European Union the price of E-category pig was EUR 1.4/kg in October, 23 percent less than one year earlier. In Hungary pig’s price was HUF 470/kg, 23 percent lower than in a year before.

AKI says that the live weight production price of broiler chicken fell by 2 percent to HUF 255/kg in the first 45 weeks of 2020. In the EU the price of whole chicken was EUR 185/100kg in the same period – informed the European Commission. This price was 2.9 percent lower than one year earlier. In Hungary whole chicken’s price increased by 3.6 percent to HUF 506/kg.

The Ministry of Agriculture informed that farmers sew autumn wheat on 957.5 thousand hectares of land. They harvested 1.7 million tons sunflower seed – although the size of land used for growing was 9 percent bigger than last year at 611.8 thousand hectares. //


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