K&H: that’s why food prices continue to rise
The World Bank’s April report predicts a significant rise in food prices this year. According to the K&H expert, the main reasons for this are the rise in energy prices and the additional costs associated with sustainability goals, not the conflict in Ukraine. The latter will be a problem mainly due to the depletion of cereal stocks, but its impact will be felt next year. For Hungarian farmers, this may mean entering new markets at a very good price level, so they can prepare for the replacement of the globally expected lost crop by increasing this year’s production.
Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >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 >Related news
Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >Millions can make decisions about millions with just one move at Tesco
Millions of people once again have millions of forints and…
Read more >Healthy summer nutrition tips with Eisberg
With the arrival of the really hot summer and the…
Read more >