Farmgate prices rose 14% in H1
Farmgate prices in Hungary rose 14% in the first half from the same period a year earlier, according to data released by the Central Statistical Office (KSH). Prices rose on a 23% increase in crop prices.
The price of live animals and animal products fell almost 2%. KSH noted that strong global demand drove farm gate prices for grain up 34% and prices for oilseed crops 41% higher during the period.
Farmgate prices of live animals declined close to 6% as poultry prices rose 5% and cattle prices climbed about 9%, but hog prices plunged 19%.
Input prices rose nearly 10% in H1 as feed prices climbed 22% and artificial fertiliser prices rose around 10%.
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