The producer price of eggs continued to decline

After the eight percent drop in November, the producer price of eggs continued to decline
in recent weeks, now barely exceed 20 HUF apiece – the Magyar Idők wrote onThursday.

The Magyar Idők cites Végh László, president of the Hungarian-Layer Hybrid Breeders and Egg Producers Association, who said that overproduction is behind the price decline and a general decline in demand for post-Christmas shopping in the whole European Union. The sector’s players are pessimistic, they expect that egg consumption will be on a downward path throughout the year. (MTI)