Farmgate Prices Climb 51% in July

Crops

Farmgate prices in Hungary rose 50.7% year-on-year in July, accelerating from a 48.3% increase in the previous month, data released by the Central Statistical Office (KSH) show.

Crop prices climbed 53%, as grain prices jumped 82.2% and industrial crop prices rose 40.1%. Vegetable prices increased 27.4%, while fruit prices were up 4.3%.

The price of livestock and animal products increased 45.6%, as prices for live animals climbed 48.5% and animal product prices grew 39.9%.

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