Bread is becoming unstoppably more expensive in Hungary, it can be up to 400 forints per kilo

게시됨 2021년 10월 26일

Tridge 요약

Hungary is experiencing a significant increase in flour prices, with a 25-30% rise so far this year, and further hikes expected due to high wheat prices. The situation is affecting mills and livestock farmers, with efforts to pass on costs to customers. The government is considering requiring domestic feed to be used domestically first to meet livestock needs. The baking industry is also dealing with rising logistics costs, wages, and energy prices, leading to higher prices for bakery products and raw materials. Factors such as the forint-euro exchange rate and company-specific pricing contribute to the situation. Bakeries are using freezer and fermentation delay technologies to reduce labor costs and meeting retail demand for both frozen and fresh bakery products.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

So far this year, there have been three major flour increases, one of which has been validated by mills after harvest. József Septe, the president of the Hungarian Bakers' Association, told the Index that the price of flour had risen by about 25-30 percent due to this, but the rise in prices is not expected to stop here, considering that forecasts make a further increase in wheat prices. The situation on the Hungarian grain market is strongly detached from global processes, and specific factors make crops more expensive, often testing the tolerance of the customer side, from mills to livestock farmers. Moreover, the price of crops is not slowing down on the world's stock exchanges: according to the Market Price Information System of the Institute of Agricultural Economics, the Paris Commodity Exchange (Matif) quoted HUF 99,996 per tonne of wheat for the week, while Black Sea wheat traded at HUF 97,153. on the commodity exchange, and domestically produced wheat was traded in ...

출처: Agrarszektor