Hungarian corn harvest could reach 8 mln tons

Crops

With a sowing area of 1.05 million hectares and an average yield of around 7.5 tons per hectare, Hungaryʼs corn harvest could be around 8 mln tons this year, György Czerván, state secretary at the Ministry of Agriculture said yesterday, according to Hungarian news agency MTI.

Rape seed is being harvested on 630,000 hectares, with half of the harvest complete, and if average yields are the same on the remaining area, with 3 tons average yield per hectare, the harvest could reach 1.8 mln tons, the report said. 

The harvest for autumn wheat yielded 5.1 mln tons, but because of unusually wet weather, milling quality wheat only accounts for 40% of the total, Czerván noted. The state secretary added that grain prices are 10-15% lower than they were last year.

Minister of Agriculture Sándor Fazekas said many crops could see a record harvest this year in Hungary, which could boost economic growth in the country.

ADVERTISEMENT

Business Sentiment Up, Consumer Confidence Down in September Analysis

Business Sentiment Up, Consumer Confidence Down in September

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

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.