Decreasing production, subdued prices
The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and fruit/vegetable products. Their last report reveals that shrinking consumption directly affects the processing industry and shops. People buy les meat, consequently retailers order less and prices are subdued. In August, domestic poultry sales were down by 4 percent. Turkey consumption decreased by 18 percent compared to last year, at prices lower by 6 percent. Domestic turkey meat sales fell by 14 percent. Compared to August 2008, slaughter beef prices were down by 7 percent at HUF 496 per kilogram. The average domestic producer price of raw milk was below HUF 55 per litre.
Related news
Related news
Technological advancements and business travel
The latest research from International Workplace Group (IWG), the leading…
Read more >K&H: a gift, but what and from which store?
When it comes to Christmas gift-giving, clothes are the most…
Read more >Eckes-Granini acquires fruit juice concentrate producer in Germany
Eckes-Granini, one of Europe’s leading juice producers, has acquired Wolfgang…
Read more >