Hungary: Barley and corn continue to rise in price on the markets

Published 2024년 12월 12일

Tridge summary

The article reports on the performance of feed barley and corn markets in both France and Ukraine. In Hungary, the price of corn has slightly decreased in recent weeks, with the average price for fodder corn being HUF 73-74 thousand in late November, which is 30% higher than the previous year. The price of March listing ISCC NUTS II sustainable fodder corn on BÉT fell by HUF 1,000 to HUF 83,000/ton between November 25 and December 6. In Ukraine, both corn and barley prices are increasing due to high demand and slow grain sales by producers, with corn priced between 81-92 thousand hryvnias and barley priced around 7.5-8.8 thousand hryvnias. Hungarian farmers are facing challenges with the high cost of fodder, while Ukrainian farmers are benefiting from the higher prices.

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Original content

Feed barley and corn are doing well both on the French stock exchange and on the Ukrainian markets. Domestic prices were lower at the end of November and the beginning of December. At home, the price of corn tends to go down in recent weeks. According to the Agricultural Economics Institute, fodder corn was traded for an average of HUF 73-74 thousand at the end of November (this is 30% higher than at this time last year). The March listing of ISCC NUTS II sustainable fodder corn on BÉT decreased by HUF 1,000 to HUF 83,000/ton between November 25 and December 6. On the Paris commodity exchange, the March settlement price of the crop was between 203 and 210 euros/ton. On the Ukrainian market, the price of fodder corn continued to rise last week, after producers continued to slow down and postpone grain sales until spring. At the same time, demand is high, but buyers and processors are not in a hurry to buy at high prices either. Feed corn prices are mainly given at 81-92 thousand ...

Source: Agraragazat