Positive developments in the market
According to PÁIR data from the Research Institute of Agricultural Economics (AKI), the production price of bread wheat – without VAT and shipping costs – was HUF 136.9 thousand/tonne, feed wheat cost HUF 134.3 thousand/tonne, feed maize’s price was HUF 117.5 thousand/tonne (+39% if compared with one year earlier) on the last week of July. Industrial sunflower seed’s production price was HUF 242.7 thousand /tonne (+54%), and rapeseed cost HUF 284.8 thousand/tonne (+63%).
In the first 5 months of 2022, 253,000 tonnes of poultry was slaughtered in Hungary, 12.7% less than in the same period of 2021. Broiler chicken’s live weight price grew by 42.9% to HUF 387/kg, while the price of broiler turkey jumped 28.9% to HUF 511/kg in the first 29 weeks of 2022, if compared with the same period of 2021. In the European Union the average price of whole chicken was around EUR 247/100kg in the first 29 weeks of this year, up 24.9%. In Hungary this price soared by 44.4% to HUF 756/kg. //
The above article is available for reading on p 154 of Trade magazin 2022.08-09.
Related news
In 2023, the animals were fed mainly with fermented and fibrous bulk feed
In Hungary, 7,598,000 tons (100 percent coverage) of fodder were…
Read more >Market processes of the most important product lines in 2023
The AKI PÁIR latest publication presents the market processes of the…
Read more >More sunflower seed crops are expected worldwide than last year
Oil World experts for 2023/2024. 4 percent higher than last…
Read more >Related news
Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >