The cereal sector faces opportunities and challenges

K&H and Agrár Európa Kft.’s latest Agriculture Club event concentrated on trends in the cereal market. István Tresó, the head of K&H’s agricultural sector development division told that the expansion of the global cereal market entails a serious growth potential for Hungary’s agriculture. In order to be able to realise this, the requirements of financing institutions from agricultural businesses must be clarified – this is important for both parties. Zsófia Pótsa, general secretary of the Hungarian Grain and Feed Association pointed out that nearly half of Hungary’s territory is arable land, which is much higher the European Union average, so there is great growth potential in cereal farming. Syngenta managing director Tibor Czigány spoke about the challenges that lie ahead of both farmers and crop protection firms all over the world. This is the reason why Syngenta will continue producing top quality seed grains and developing innovative technologies for achieving higher yield in Hungary.