Only export amount of corn has grown

By: trademagazin Date: 2012. 10. 16. 13:52

It seems that food prices will increase unstoppable until next summer, because due to the drought less grain has grown in Hungary and in the world's major grain-producing areas.

Due to the price increases, the processors will be in a bad position, similar to the consumers and livestock producers, because they cannot expect profits. In Hungary about as much corn has grown as it is exported in a normal vintage year. The Hungarian government has initiated in Brussels, to pay particular attention to the mitigation of the consequences of the drought.   (by our colleague)

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