The price of crops increased
Last November, the agricultural producer prices increased by 5.5 percent, compared to the same period of the previous year. The increase is related to the 13.7 percent the increase in the prices of crop products, while prices of live animals and animal products continued to decline, by 6.4 percent – the Central Statistics Office (KSH) reported on Friday.
The prices of all key crop products increased. A 7.2 percent price increase occured in case of vegetables, the price of fruits increased the most significantly, by 26 percent. The price of cereals rose by 11 percent, mainly due to a 21 percent increase in the price of corn, while the price of wheat fell by 1.4 percent. (MTI)
Related news
Agricultural subsidies: MBH Bank provides pre-financing for up to several years
MBH Bank further expanded the possibilities of pre-financing agricultural subsidies.…
Read more >Agricultural insurance claim payments decreased in 2023
Agricultural premium income totaled HUF 32.8 billion (-10 percent), and…
Read more >A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common…
Read more >Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >