The meat industry faces deficit this year
Meat processors face serious difficulties between the producers and the dealers. In order to reduce their losses they export their products, in March they are expected to increase their prices.
According to Kovács László Chief Executive Officer of Pick Szeged Zrt.; the entire meat industry will close a lossmaking year, because of the raw material price increases and the decrease in demand. In addition in Hungary 8-10 percent less meat and meat products were consumed, and foreign sales also decreased – reports szabadfold.hu
Related news
More related news >
Related news
KSH: consumer prices exceeded the same month of the previous year by an average of 4.6 percent, and May prices by 0.1 percent
In June 2025, consumer prices were 4.6 percent higher on…
Read more >NAV’s inspection series at Lake Balaton and Lake Velence will start this week
The National Tax and Customs Administration (NAV) began its summer…
Read more >NAV: Several tons of vegetables transported with insecticides have been withdrawn from circulation
Several tons of vegetables were withdrawn from circulation because insecticide…
Read more >