MAGOSZ: cereals and industrial crops closed this year with a near-record harvest
Thanks to the abundant rain, cereals and industrial crops closed this year with a near-record harvest – the chairman of the Hungarian Farmers' Societies and Co-operatives Association (MAGOSZ), told at the organization's annual evaluation event on Friday in Tác.
Jakab István said that the corn harvest this year is more than 9 million tonnes. He added, when nearly 3 million tons of corn were destroyed in the summer of 2015 by the drought, the agriculture reduced the GDP by 0.2 percent. Based on the data of this year's first three quarters, the sector will contribute to the GDP, with a surplus of 0.6 percent which may exceed 0.8 percent by the end of this year. (MTI)
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 >The agricultural council must show the main directions of the agricultural policy after 2027
The aim of the six-month Hungarian presidency of the Council…
Read more >Fresh Hungarian sweet corn is delicious both baked and boiled
Sweet corn is one of the hit vegetables of the…
Read more >Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >