ADVERTISEMENT

Number of livestock farms in Hungary falls

Land

Image by Pixabay

Livestock is the main business of 25% of Hungarian farms, down from 46% 10 years earlier, a farm census conducted by the Central Statistical Office (KSH) shows.

The census, conducted once every decade, shows crops are the main business of 67% of farms, up from 41% in 2010.

KSH said the shift can be explained by the low profitability of livestock farming and a European Union agricultural policy that encourages crop farming.

The census shows the number of farms has fallen from 351,000 to 234,000 over the past decade.

Ágnes Patay, the project manager for the farm census, said around half of farms are headed by people over the age of 40, who have no formal training in agriculture. However, she added that around 60% of the heads of farms with annual output of EUR 500,000 or more have a college or university degree in agriculture.

ADVERTISEMENT

Special Effects acquires stake in Spanish event production f... Deals

Special Effects acquires stake in Spanish event production f...

1,680 new coronavirus cases registered in Hungary Figures

1,680 new coronavirus cases registered in Hungary

Wage support payouts exceed HUF 80 bln Government

Wage support payouts exceed HUF 80 bln

Slovenia, Bahrain to honor Hungarian immunity certificates Tourism

Slovenia, Bahrain to honor Hungarian immunity certificates

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.