How longer the corn prices to decrease
Corn prices are in strong minus. If we consider the long term price trends, prices are falling further everywhere.
Economically it is understandable: the global yield of the past two years was the third highest yield ever and as the demand has not kept pace, inventories are at record levels. So it is clear what is happening and why, but the producers will not be happier. We cannot see any trend in the foreseeble future that would reverse this trend.
Related news
Zsolt V. Németh: numerous measures have already been taken to mitigate drought damage
Numerous measures have already been taken to mitigate drought damage,…
Read more >István Nagy: Sino-Hungarian agricultural relations may soon resume
Hungarian agriculture and agribusiness have faced numerous challenges recently, but…
Read more >NAK: Brussels would give a green light to Ukrainian imports
The scope of the free trade measures granted to Ukraine…
Read more >Related news
PwC E-toplist: The largest and most well-known online retailers
4 categories: largest, FMCG, Hungarian, best-known – PwC Hungary published…
Read more >Crisis Map 2024: The number of protracted crises has increased significantly
The MPRSZ registered and analyzed 450 crisis situations according to…
Read more >K&H: how many forints did Hungarians spend playing cards abroad?
K&H bank card customers made nearly 3 million purchases abroad,…
Read more >