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Farmgate Prices Fall 15.2% in March

Crops

Farmgate prices in Hungary fell 15.2% year-on-year in March, data released by the Central Statistics Office (KSH) on Monday show. 

Crop prices declined 16.8% as grain prices fell 28.6%.

The price of livestock and animal products dropped 12.5% as prices for live animals declined 10.3% and animal product prices slipped 17%.

Farmgate prices fell for the 12th month in a row.

Quarterly data show farm input prices dropped 15.5% in Q1 as energy prices dipped 9.2%, artificial fertilizer prices plunged 43.6% and feed prices declined 30.8%.

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