GOST: interest subsidized loans can only keep the wheat in Hungary
The National Association of Cereal Producers (GOSZ) initates interest subsidized loans for animal breeders and for the mills, to keep this year's wheat harvest in Hungary – said Vancsura József, president of GOSZ to agromonitor.hu.
There is a danger that the domestic users and processors, because of the capital deficient situation will sell the significant proportion of the high-quality crops in export markets. The procurement prices of wheat in the last few weeks declined by 20 percent, compared to the pre-harvest expectations of over 50 thousand HUF per tonne price – reports agromonitor.hu.
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