Takarék Csoport: investment mood in agriculture continues to be strong
Although the number of worries has increased in agriculture due to the trend in profitability, the investment climate is still strong: most of the farmers are still planning to increase their numbers and increase their efficiency in the next 12 months, according to the Takarék Csoport’s (Savings Group) Third Agricultural Mood Index.
According to the information, 80 percent of the respondents are planning to invest in the next one year. 52 percent of the respondents do not expect any change in profitability, while 28 percent expect improvement and 19 percent expect deterioration during this period.
They note, however, that slightly more people are concerned about the profitability, compared to the previous survey, which they are trying to alleviate with investments to improve their efficiency. (MTI)
Related news
Agricultural subsidies: MBH Bank provides pre-financing for up to several years
MBH Bank further expanded the possibilities of pre-financing agricultural subsidies.…
Read more >Agricultural insurance claim payments decreased in 2023
Agricultural premium income totaled HUF 32.8 billion (-10 percent), and…
Read more >A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common…
Read more >Related news
Waves in the company trend – the changing faces of liquidations and company formations
Even with decreasing terminations, decreasing numbers of companies in the…
Read more >IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >