Could this plant be the big winner in Hungarian fields in the coming years?

Published 2024년 12월 5일

Tridge summary

A round table discussion in Hungary has highlighted the growth in popularity and production of sunflowers in the country, despite changing weather conditions. However, the cultivation of the crop relies heavily on water availability. Both sunflower and rapeseed have potential due to rising vegetable oil prices. There are concerns about the market's stability due to risk factors such as the American presidential election and the Russian-Ukrainian conflict. Hungary's leading position in the EU for sunflower yield average over the past five years indicates a promising market, with potential for increased profit through rational management.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

János Nagy, professor emeritus of the University of Debrecen, in his presentation on the subject, talked about the fact that the sunflower production area has increased in the past period despite the changing weather, and its popularity is constantly growing in Hungary as well. However, you should know that water is the main limiting factor for its cultivation, so if this parameter is not in order, the culture will not be successful. In addition, of course, it does not matter how the farmers choose the right hybrid. Norbert Potori, research director of the Institute of Agricultural Economics, highlighted in the round table discussion related to the topic that the price of vegetable oils is on the rise, meaning that both rapeseed and sunflower have potential. Gyula Gáspár, Agropoint Kft. its owner also sees that the sunflower definitely has a future, but there is still a lot to learn about the cultivation practices of the plant. However, there are many risk factors related to the ...

Source: Agronaplo