Farmers are worrying because of egg prices are the below production costs
Several retail chains are selling eggs below production costs – the statement of the Poultry Products Council (BTT) points out. The production cost of an egg is approx.18 HUF, yet there are also discount actions where the gross prices are around 18.9 HUF (net 14.88 HUF).
Végh László president of the Hungarian Association of Hybrid and Egg Producers added several producers have expanded due to the former good price level, so now there is overproduction in the EU. The real price pressure is mostly due to the black market, not the legal import: through illegal channels a lot of imported eggs arrive to the Hungarian market, that are sold free of VAT. (B. L., Világgazdaság Online)
Related news
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >