The optimistic sentiment in the feed market may end
The Hungarian feed industry is prospering, but storm clouds are gathering. Animal health risks are constantly present and market players are prepared to deal with them, but as Bujdosó Tünde, Director of Risk Management at Euler Hermes Credit Insurance, modeled the situation and the expected market outlook.
In this case, we can expect shortages, then overpricing that can have a serious impact on volumes and thus on the feed sector. Banks and credit insurers and feed manufacturers have to deal with the situation financially until farmers and producers are compensated. And to reduce VAT frauds in the soybean meal market, one of the main ingredients in feed, it would be worth to consider the introduction of reverse VAT or lowering the sales tax on the product – she suggests in her latest industry analysis.
Related news
Another difficult year awaits the feed market
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >A “green turn” is needed in the field of food safety
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Hungary’s GMO-free position must be strengthened
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Global internet outage paralyzes digital services – card payments also disrupted
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Loyalty reloaded – who is going to win the loyalty war in 2025?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Hatszoros Hungaropack-díjas lett a DS Smith – új szintre emeli a fenntartható csomagolás innovációját
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >