Hungarian pork price increases
The remainder of the year the price of pork can increase up to 10-15 percent. The increasing import and the surplus accumulated in the EU, can reduce prices.
Slaughterhouses bought 27 percent lesser than in the past. The slaughter of import animals has been increased and reached 25 percent in the first quarter of 2009. The purchase price of the domestic pigs in the first quarter of 2009 was 19% higher compared to last year's same period. However, the difficult economic situation can decrease demand for meat products with 5-10 percent, while feed costs increased with nearly 30 percent. The good news is that there are new markets Hungarians can deliver: the demand for U.S. pork decreased in China and Russia, and Japan is also interested in Hungarian pork.
Related news
Related news
This year will truly be the year of data management
Although inflationary pressures eased a bit in 2024, consumers have…
Read more >DLA Piper Hungary / Omnibus proposal: necessary simplification or step back in sustainability efforts?
On February 26, the so-called Omnibus proposal aimed at simplifying…
Read more >Slow Food Deutschland criticises insect-as-food approach in Europe
Slow Food Deutschland has criticised the use of insects as…
Read more >