Poultry prices fell and beef exports increased in Hungary

In mid-July, producer and processor sales and retail purchase prices of a significant portion of pork and poultry were lower than at this time last year. It is bad news that the number of slaughters continued to decrease, but the volume and value of cattle exports also increased - read the summary of the Institute of Agricultural Economics (AKI). In an annual comparison, the producer price of Hungarian slaughter pigs per kilo was more than 10 percent lower (836) in July. Processor selling and retail purchase prices for most raw pork were also lower than last July. The producer price of slaughter pigs from domestic production has been below the 2023 level for the entire year so far, and although it is slightly higher than in 2022, the difference was reduced to a minimum compared to the previous month, MBTT concluded based on the report. According to the AKI's data, the producer price of poultry lags even more than a year earlier. Broiler chicken was almost 18 percent cheaper than ...