Electronic toll will be a disproportionate burden for the meat industry
The expected decline in feed prices will only slightly occur in the live pig prices. The producers would mitigate their losses, while the meat industry is worrying on the adverse effects of the e-toll.
The April producer price level of animals for slaughter is 3.4 percent higher than in the previous year – the Central Statistics Office (KSH) announced. While the purchase price of cattle fell by 23.7 percent over the year, the increase of producer prices of slaughter pigs only slowed down, although the decline is significant. The growth rate was 22.5 percent in April last year, and this year it was only 3.2 percent on annual basis. (Braunmüller Lajos, Világgazdaság Online)
Related news
Related news
More than 13 tons of donations were collected at the joint Easter campaign of NOE and CBA
More than 13 tons of donations were collected during the…
Read more >Digital detox during Easter: addictive phone use is a much more serious and widespread problem than we think
The Easter fast is traditionally a time of introspection, renunciation,…
Read more >Average earnings continued to increase
According to the latest data from the Central Statistical Office,…
Read more >