Farmgate Prices up 5.1% in March
Farmgate prices in Hungary rose 5.1% in March, after climbing in the double digits for more than two years, according to data released by the Central Statistical Office (KSH).
Crop prices fell 7.1%, dropping for the first time in more than three years.
Grain prices slipped 6.5% and oilseed prices plunged 35.4%.
The cost of livestock and animal products rose 37.3% as prices for live animals increased 38%, and animal product prices grew 36%, albeit rates more than 15 percentage points under those in the previous month.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.