Dutch and Danish pigs are flooding the Hungarian market
The purchase price of live pigs decreased by fifteen percent in the last months. The customers do not perceive anything from the lower raw material price. But who swallows up the profits? – ask the farmers.
The demand has changed, and this effects pig breeders also. Today, every third pig is imported. This is not because the processors expect greater profits, the fact is that there are not enough pigs in Hungary. According to the Agricultural Economics Research Institute; the number of cuts decreased by almost 25 percent compared to last year, and slaughterhouses bought 30 percent less Hungarian pigs.
The missing pork is impoted from the Netherlands and Denmark to supply the domestic meat demand. These countries are working with cheaper prices. Danish farmers have lower costs (taxes, contributions, fees) and greater state support – reports Magyar Nemzet Online, after teol.hu.
Related news
Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >