The season of agricultural subsidies and payments is this year's Hungarian autumn

We also wrote important articles in October on the topic of agricultural subsidies. Among the topics was that agricultural subsidies are harmful, according to UN experts, but at the same time, the actors of the Hungarian dairy sector can only rely on the subsidies. We reported that the Hungarian State Treasury deducted from the payment amount due to the accumulation of subsidies, as well as about how the irrigation development was implemented in a Great Plain economy. We recommend reading our November news summary in the agricultural support category! While the outlook for the world market is encouraging despite increasing competition, high prime costs, stricter environmental regulations and low-profitability processing are all serious challenges in the dairy industry in Hungary. Although world demand for dairy products is growing strongly and the European Union has abolished the quota system restricting production from 2015, the above changes are likely to slow down the ...