Livestock farmers suffered significant losses
Due to the the increase in feed prices and a simultaneous decrease in the purchase price of animal products considerable losses occured in recent months to the classic livestock sectors, such as dairy cattle keeping and pig farming.
According to the latest report of the Central Statistical Office (KSH), due to the 3.5 percent rise in the price of crop products and the 1.8 percent price decline of live animals and animal products, the agricultural producer prices increased by 1.5 percent in June, compared to the same month of the previous year. (MTI)
Related news
The European Commission extends the license for state aid to agricultural and fishing producers
The European Commission will extend by six months the temporary…
Read more >
New tools and sanctions help producers against buyers
Late payments to farmers by purchasers of more than 30…
Read more >
The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According…
Read more >Related news
The Hungarian beer market focuses on alcohol-free beers and the premium category
The Hungarian beer market is witnessing significant shifts, with non-alcoholic…
Read more >
In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >
Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also…
Read more >
