Hungary: Wheat and corn prices fell by more than half in one year

Published 2024년 1월 8일

Tridge summary

Producer prices for wheat, corn, and sunflower seeds in Hungary have significantly decreased compared to the previous year, while the producer price of poultry has increased. Poultry meat exports have increased, while imports have also risen, with a significant increase in chicken meat delivery. The prices of domestically grown Canadian pumpkins, Idared and Golden apples, and domestic tomatoes have generally increased, as well as the sales price of domestically produced wines.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to AKI PÁIR data, the producer price of edible wheat in Hungary excluding VAT and transport costs in the second week of November was HUF 65.3 thousand/tonne (-53% compared to a year earlier), that of feed wheat was HUF 57.4 thousand/tonne (-56% ), that of fodder corn was 56.7 thousand forints/ton (–57%). The article is from Trade magazine 12/01/2023. can be read in its issue. At the same time, the producer price of industrial sunflower seeds (including sunflower seeds with high oleic acid content) is HUF 123.9 thousand/ton (-52%), rapeseed is HUF 155.6 thousand/ton (-44%), soybeans are HUF 151.4 thousand/ton tons (–39%). Full-fat (extruded) soybeans (30-40% crude protein, 17-23% crude fat and up to 12% water content) were sold at the same time at a price of HUF 200.9 thousand/tonne (-27%) excluding VAT and transport costs. *** According to the AKI slaughter statistics, 500,000 tons (live weight) of poultry were slaughtered in Hungary in the first nine months of 2023, 7% ...
Source: Trademagazin

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.