Magosz: speculative hysteria around the price increase of bread

By: trademagazin Date: 2010. 08. 17. 00:02

The President of Magosz believes that “a speculative hysteria is going around the world corn price increases, in order to achieve superprofit.

According to Jakab István; the planned 4.5 tons per hectare yield was aimed  to keep prices low. He considers a large-scale speculation and hysteria is taking place at the expense of farmers in the milling and baking industry, as well as in trade – reports hirszerzo.hu.






Related news