Trademagazin > News and articles > Market News > Takarékbank farmers are more optimistic, but a difficult year awaits livestock farmers
Takarékbank farmers are more optimistic, but a difficult year awaits livestock farmers
The expectations of agricultural participants have improved by the end of the fourth quarter of last year, compared to the previous quarter, but typically growers are optimistic and livestock farmers are more pessimistic about 2021 due to high grain prices – the managing director of Takarékbank’s agricultural business told at a press conference in Budapest on Monday.
Hollósi Dávid explained that the Takarék AgrárTrend Index, which presents the outlook for the agricultural and food industry of the bank, rose to 31.8 points from 30.5 points a quarter earlier on a 48-point scale. The quarterly index is based on a survey of a representative group of the Bank’s agri-food customers and the largest interprofessional organizations, as well as analysts’ forecasts. (MTI)
Related news
Complex support program helps livestock farms affected by foot-and-mouth disease
By developing a complex support program, the Ministry of Agriculture…
Read more >Agrometeorology: Plants are waiting for precipitation
The poor weather of the past week has not been…
Read more >Applicability of plant protection products in different corn crops
When choosing plant protection products, it is of particular importance…
Read more >
More related news >
Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >