Falling prices in the meat sector
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that the production price of domestic pork fell by 9 percent to HUF 363/kg in October, compared to the same period in 2008. At present, demand for pork is falling both in the EU and Hungary. Since the Forint is weak, import pork costs 7 percent less than domestic. The volume of slaughter poultry bought by processing companies was up by 9 percent in the first three weeks of November. Domestic poultry meat sales on week 45-47 grew by 3 percent, compared to the same period last year; turkey meat sales contracted by nearly 25 percent.
Related news
Related news
Retail traffic and residential consumption may slowly recover
The development of retail sales and the recovery of household…
Read more >We are over 2 million returned bottles, but there are still problems
Since the beginning of the year, metal, plastic and glass…
Read more >NAK-FruitVeB: sweet corn producers expect a good season
Producers are expecting a good season this year, with plenty…
Read more >