Dairy products in Hungary have risen in price

Published 2022년 1월 28일

Tridge summary

Feed prices for milk production have increased by 60-70% in the last six months, leading to higher costs for animal husbandry. The coronavirus pandemic already caused a decrease in consumption and fewer dairy product sales, followed by a significant increase in crop prices. However, from January 1, processors in Hungary are paying a higher price per liter of milk to farmers, with further increases promised in March. Challenges such as rising inflation, increased minimum wage, and finding a loyal workforce for milk production are ongoing concerns for producers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Feed prices and feeds for milk production have risen by sixty to seventy percent in the last six months, so the cost of animal husbandry has risen sharply, said agricultural consultant András Gamos. On a monthly or bi-monthly basis, producers consult the purchaser on the purchase price of the milk. In Tolna County, Tolnatej Zrt. Is typically the one that concludes contracts with dairy farmers. photo: MTI The past year has not been easy, with consumption falling for months due to the coronavirus epidemic, fewer dairy products being sold out, confectioneries, restaurants, hotels and school canteens falling for a while. This period was not easy for the processors either, their costs increased due to the weakening forint, which was even reflected in the price of packaging materials. Producers and processors trusted that tourism would start in the summer, restaurants would open and confectioneries would improve. This was the case, but their joy did not last long, because before the ...
Source: AgroTrend

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