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.
Related news
Related news
According to the GVH’s investigations, retail is not the culprit in price increases.
It is not the retail trade that is responsible for…
Read more >Back to school: families plan with an average of 50-75 thousand forints
According to a recent survey by REGIO JÁTÉK, starting school…
Read more >Hungarian pork foreign trade: dramatic decline in the first five months
While the world’s major pork markets – such as the…
Read more >