Is another bread price hike coming? It has been revealed what Hungarians can prepare for in 2025

Published 2024년 12월 19일

Tridge summary

Despite a slightly below average wheat harvest, marking the second best in the past 20 years with a national yield average of 5.8 tons/hectare, the quality of the harvested wheat has been reported as poor by farmers. The majority of the winter wheat is of feed quality, with only a smaller portion suitable for milling. As a result, prices have increased by 14% for table wheat and 24% for feed wheat compared to the previous year. However, there are concerns that millers may mix feed wheat with milling wheat, potentially leading to an increase in the price of good quality bread. The article also touches on the potential impact of politics on the import of Ukrainian wheat.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Although this year's wheat harvest was lower than last year's, the second best in the past 20 years, the result can still be considered average for the past decade. In 2024, winter wheat was harvested on 864.5 thousand hectares in Hungary, and the national yield average was around 5.8 tons/hectare. This slightly exceeds the averages of last year and the past five years. The harvested wheat yield was 5.3 million tons, which is about 600 thousand tons less than last year's result. Unfortunately, however, the lower yield was also accompanied by poorer quality, as reported by farmers surveyed by the Agricultural Sector in August. Based on the available data, a significant part of the winter wheat is of feed quality, and only a smaller part is suitable for milling. The Hungarian Grain Processors, Feed Producers and Traders Association (Grain Association) previously estimated that only 30% of the harvested wheat was of milling quality and 70% of feed quality, but the organization's ...
Source: Agronaplo

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