Price explosion on th world food market
Global cereal prices are expected to remain at high levels for the coming year, warns the latest Food Outlook report by FAO.
FAO expects many countries will pay more for importing
cereals from world markets than they did in previous years, even though they
are expected to import less. Record freight rates and high export prices are
the main reasons for the increase in their import bills.
In Hungary the current cereal price is HUF 50-60,000/ton,
but the ministry of agricultur said, there is no reason for incredible high
prise in 2008.
Related news
Related news
The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >Beer producers are hoping for a hot August
After nearly three percent growth last year, domestic beer consumption…
Read more >Gergely Gulyás: the government is expanding the support program for small-town grocery stores
The government is expanding the grocery store support program launched…
Read more >