A small Hungarian overview of animal husbandry

Published 2022년 2월 17일

Tridge summary

Livestock farmers, particularly pig farmers, are facing challenges such as swine fever, oversupply, and the COVID-19 pandemic. Despite these challenges, the balance sheet for the sector remains positive, with a 9% decrease in live pig exports but a 9% increase in pork sold internationally. Pork imports also increased by 7%, and the producer price of domestically produced pigs for slaughter has increased by 9%. However, the pork market is expected to experience a price explosion due to rising costs. In contrast, cattle exports increased by 20%, and the lamb market experienced historic highs due to Brexit, a significant shortage in the EU market, and increased demand. New markets have also opened up for Hungarian sheep in the Arab world.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Livestock farmers have not had an easy time lately, they have started to deal with many obstacles - writes agrarszektor.hu. This is particularly true for pig farmers, which have also been affected by swine fever, an oversupply in the EU and a coronavirus epidemic. However, the situation is not so drastic for cattle. Although results in the sector were volatile, the balance sheet tipped in a positive direction overall. Beef exports fell by 9 per cent, but rose by 5 per cent, while imports fell by 19 per cent and rose by almost 3 per cent. And in the lamb market, prices rose to historic highs last year. Many difficulties afflict pig farmers According to CSO data, Hungary's exports of live pigs decreased by 9 percent to 30,000 tons in January – November 2021 compared to the volume sold on foreign markets a year earlier. The main partners were Romania, the Netherlands and Austria. Imports of live pigs fell by almost 3 percent, with Slovakia, Croatia, Germany and the Czech Republic ...

Source: Trademagazin