Hungary's grain prices have gone down, flour may become more expensive

게시됨 2021년 9월 1일

Tridge 요약

Hungary is experiencing a surge in the prices of essential food items such as meat, bread, and milk, with flour prices likely to increase in September, according to Zoltán Lakatos, President of the Grain Association. The price spiral is attributed to a significant decrease in grain prices and an increase in demand, alongside the higher cost of input materials like fertilizers, pesticides, and machinery. The high grain prices have also led to overpricing in Hungary, making wheat more expensive than in neighboring countries, perpetuating the price escalation.

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원본 콘텐츠

We have to be prepared for the fact that meat, bread and milk will definitely become more expensive in Hungary, and if all this is not enough, another flour increase may come in September, said Zoltán Lakatos, President of the Grain Association of the Grain Association, to the Agricultural Sector. He added that the constant rise in prices is due to the brutal decline in grain prices, as a price spiral has developed in Hungary, which is only rising and can no longer be stopped. The price of flour may rise The large price increase that is now being experienced with wheat started two years ago, first at a 30 percent and now at 60 percent price increase, and currently the price per 80 thousand forints per tonne is not uncommon, Zoltán Lakatos informed the Agricultural Sector. Wheat is overpriced in Hungary and treated above its value, he added. Last year, at least 40 percent of the pig population in China was cut off due to African swine fever and then resettled. The United States and ...

출처: Trademagazin