Rising prices for large-seeded vegetables in Hungary, declining producer sentiment

Published 2022년 2월 18일

Tridge summary

Green pea and sweet corn growers in Hungary faced a significant decrease in willingness to grow in 2022, despite a substantial price increase of around 50 percent offered by processors. This decrease is attributed to the higher production costs, the ineffectiveness of the last two years, and the increased competition from other field crops. Despite these challenges, the demand for green peas, green beans, and sweet corn has surged due to increased processing capacity and a shift in market preference towards canned food. Factors such as the pandemic, the loss of marketability of frozen goods, Brexit, and logistical issues have also impacted the market, leading to a more favorable market for canned food domestically.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This winter, green pea and sweet corn growers accepted the processors' offer with a wide eye: while in previous years the controversy went for 1-2 forints - they even reduced the purchase price - now both companies have offered a price increase of around 50 percent. and cold stores. In other words, they offer an average of 75 forints per kilogram of sweet corn instead of 46-50 forints last year, and up to 190-200 forints for green peas instead of 120-130. But it turned out that the willingness to grow had decreased by 20-30 percent by 2022. We asked József Kis, the founding and managing director of Agromarketing 95. Kft., About the background and the way things are going. The situation was almost the same with sweet corn, but even the early spring frost affected the development of the plants. Then the pollen was roasted in the heat, causing fertilization problems. The plants remained small, the tubes shortened and poorly fertilized. There is only approximate data on the sown area. ...

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