Hungary maize crop seen falling to 4 million tons

Crops

Hungary's maize harvest is now seen reaching just over 4 million tons, down from an earlier estimated 4.5 million tons, daily Magyar Nemzet said on Thursday.

About 57% of the maize crop was harvested by October 1, the paper said, citing the National Cereal Growers Association.

Hungary's food safety authority said average yield thus far is 3.755 tons per hectare.

Maize was planted on 1.1 million hectares this year.

Last year, Hungarian farmers harvested 8.0 million tonnes of maize, data from the Central Statistics Office (KSH) show.

ADVERTISEMENT

Erste Holds Bank Holiday for Commerzbank Portfolio Migration Banking

Erste Holds Bank Holiday for Commerzbank Portfolio Migration

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Penny Market Inaugurates HUF 7 bln Expansion Retail

Penny Market Inaugurates HUF 7 bln Expansion

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season

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.