The prices of fodder crops have risen significantly

By: STA Date: 2024. 10. 29. 09:00

According to AKI PÁIR data, the producer price of edible wheat in Hungary excluding VAT and transport costs is HUF 80.1 thousand/ton (+12 percent compared to a year earlier), feed wheat is HUF 74.4 thousand/ton (+27 percent), for fodder corn was HUF 76.1 thousand/ton (+41 percent) in the third week of October. At the same time, rapeseed was HUF 183 thousand/ton (+15 percent), soybeans were HUF 170.8 thousand/ton (+16 percent).

(Photo: Pixabay)

Oil World experts for 2023/2024. 53.4 million tons, 9 percent less than last year sunflower seed harvest is expected worldwide in 2024/2025. financial year. The expected use is 55.3 million tons, and the closing stock of the crop can be 2.5 million tons. According to Tallage, 8.8 million tons (-11 percent) of sunflower seeds can be harvested in the European Union this year. In France, due to the cool and then rainy weather in September, the harvest is progressing slowly, a harvest of 1.8 million tons (-13 percent) is expected. On the other hand, the harvest is almost over in the other member countries, with poor results both in terms of quantity and quality in Romania and Bulgaria, 1.8 million tons (-16 percent) of the former and 1.5 million tons (-14 percent) of the crop were stored in the latter. In Hungary, according to the Ministry of Agriculture, farmers harvested 1.7 million tons of sunflower seeds this year with an average yield of 2.5 tons/hectare. According to AKI PÁIR data, processors and traders bought sunflower seeds with a high oleic acid content (HO) at a price of HUF 185.7 thousand/tonne (+42 percent) and high oil content (LO) at a price of HUF 168.5 thousand/tonne (+38 percent) in the third week of October. The producer price of industrial sunflower seeds (including high oleic sunflower seeds) excluding VAT and transport costs was HUF 172.3 thousand/ton (+37 percent) on average.