Hungary: Poultry meat is cheaper compared to last year

Published 2024년 8월 5일

Tridge summary

The article reports a significant decrease in the producer prices of Hungarian slaughter pigs, poultry, broiler chicken, and slaughter turkey compared to the previous year. The prices for raw pork, fresh chicken, and turkey are also lower than last year, with decreases ranging from 10 to 18 percent. The selling prices of eggs have also decreased by 10 to 20 percent compared to July 2023. Despite some increases, the producer prices of pigs and poultry have not reached the 2023 levels and are lower than the prices from the same period in 2022.

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

Original content

In an annual comparison, the producer price of Hungarian slaughter pigs was more than 10 percent lower, costing HUF 836-837 per kilogram in July. The processing sales and retail purchase prices for the majority of raw pork were also more moderate than in mid-July last year. The producer price of slaughter pigs from domestic production has been below the 2023 level for the whole year so far, and although it is slightly higher than in 2022, the difference has been reduced to a minimum compared to the previous month. According to the AKI's data, the producer price of poultry lags even more than a year earlier. Broiler chicken was almost 18 percent cheaper than last year, with a price of around HUF 413 per kilogram. The price of slaughter turkey decreased by about 15 percent, so it was close to HUF 592. The prices of most fresh chicken and turkey are also lower than last year, sometimes by more ...

Source: Mbtt