Credit Insurer: the feed industry may further expand this year

By: Trademagazin editor Date: 2019. 10. 14. 11:32

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Emissions from the feed sector could grow by 2 percent this year to 3.45 million tons and generate 8 percent nearly 270 billion revenue more, compared to last year – according to Euler Hermes Credit Insurer.

According to their calculations, the sector’s revenue was about 240 billion HUF in 2017, when Hungary produced 3.35 million tonnes of compound feed, 3.38 million tonnes last year, which may exceed to 3.45 million tonnes this year, the insurer told MTI. (MTI)