Hungary: A kilo of pork could soon cost up to HUF 4,000
Other Frozen Pork Cuts
Hungary
Published Sep 2, 2022
Tridge summary
The small producers of the pork sector are extremely disappointed, but the larger meat plants are not optimistic either. A significant increase in the current prices would be justified, as they can currently bring the production to zero at most, and for the time being they cannot even cope with the changes due to the increase in energy prices. However, if production continues like this and the price cap is lifted, a kilo of pork could soon cost up to HUF 4,000, and the price of Mangalica meat could rise to HUF 10,000.
Original content
Larger meat plants are not optimistic either The price of meat products may continue to rise vigorously if only because the purchase price of live pigs has risen by approximately 60 percent in recent months, according to the latest data from the Market Price Information System of the Agricultural Research Institute (AKI PÁIR), to HUF 780-800, which is how much slaughterhouses buy live pigs in Hungary. kilo of pork. As a result, the final consumer price of pork may rise by about a quarter based on rough estimates by industry players. The extended food price freeze measure covers home-made pork legs, so the consumer price of this product range cannot increase until October 1, but for the other products, a significant increase would be very justified, according to industry players. In the case of pigs, the extraordinary situation arose that while a significant increase in cost of living took place due to the increase in feed costs, at the same time an oversupply situation developed ...
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