Pig’s price is lower than a year ago

According to the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI), the price of milling quality wheat was HUF 69.4 thousand/ton ( up 27 percent) without transportation costs on the last week of March. In the same period wheat of animal feed quality cost HUF 69.5 thousand/ton (up 29 percent), while the price of feed corn was HUF 70.5 thousand/ton (up 59 percent).

In the European Union abattoirs could purchase category ‘E’ pig for EUR 1.31/kg in February 2021, which was 30 percent lower than a year earlier. In general prices dropped 27 percent on Week 10 of 2021 than on the same week of 2020. Data by the Central Statistical Office (KSH) reveal that Hungary’s live pig export was down 8 percent at 36 thousand tons in 2020. Our top markets were Romania, Austria, Slovakia and the Netherlands. Last year our live pig import augmented by 29 percent to 74 thousand tons, and our biggest pig suppliers were Slovakia, Croatia and Germany. //