The Hungarian Soybean and Protein Plant Association will become an interprofessional organization

Published 2021년 11월 30일

Tridge summary

The Hungarian Soybean and Protein Plant Association is planning to become an interprofessional organization to regulate the disorganized domestic protein market and strengthen the use of GMO-free protein. The association, which currently primarily supports farmers in choosing varieties and influencing legislation, aims to represent both growers and processors more effectively. There is potential to double the sown area for soybeans, a key protein crop in Hungary, and increase yield averages. With the potential to achieve significant income from soybean cultivation and additional EU subsidies, the association is exploring ways to boost protein crop production and growth, including a tender for precision farming machinery.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Hungarian Soybean and Protein Plant Association will become an interprofessional organization, which was decided by the association's general meeting this year. Attila Vadász, the president of the association and Tamás Popovics, a member of the board, shared important information on the topic. The domestic protein market is essentially disorganized, from seed production to processing, and is therefore heavily exposed to world market movements. In addition, the import of plant protein to Hungary is significant, and the transformation into an interbranch organization would direct this process to a regulated channel. This would also strengthen the use of GMO-free protein. The Agro Diary reported that the goal of becoming an interprofessional organization had been set in the past, but there were still legal obstacles to doing so a few years ago. In the meantime, these have disappeared, and at this year's general meeting of the association, the members decided to move towards an ...
Source: Magro

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