Dry weather means average grain harvest at best

Weather

The grain output in Hungary is expected to be weak or at most average this year because of the drought that has afflicted many parts of the country, and there might therefore be less grain to export, Hungarian Grain Association secretary István Tóth told business daily Világgazdaság on Tuesday.

Zsófia Pótsa, secretary general of the association of Hungarian grain processors and feed manufacturers and traders still did not exclude, however, a wheat output of 3.5-4 million tons, which is not exceptionally low.

There are still chances for an average harvest this year, Pótsa told the daily, noting that foreign harvest estimates are not worrying and stocks in inventories are high.

Hungarian farmers harvested 4.1 million tons of wheat last year.

ADVERTISEMENT

KSH Dismisses Reports of Eurostat 'Investigation' Figures

KSH Dismisses Reports of Eurostat 'Investigation'

Hungarian-American Business Chamber Established in Chicago Int’l Relations

Hungarian-American Business Chamber Established in Chicago

Number of Registered Jobseekers Down 3% in November HR

Number of Registered Jobseekers Down 3% in November

Number of Guest Nights up 5.1%  Tourism

Number of Guest Nights up 5.1% 

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.