Excellent outlook for wine production this year
Although the weather has not been favorable for grapes this year, the wine produced will be of excellent quality, Eliza Kiss, ministerial commissioner for wine sector development at the Ministry of Agriculture, said on Friday.
The amount of wine produced this year could be similar to last yearʼs 2.8 million hectoliters, but should be of excellent quality, national news agency MTI reported. Kiss said the average bulk purchase price of grapes is around HUF 98-100 per kilogram.
The commissioner added that this yearʼs grape harvest was affected by frosts in spring, and by hail damage and drought, but the quality has been preserved.
Diána Sidlovits of the Hungarian Chamber of Agriculture (NAK) said grapes grown on 13,839 hectares have been affected by adverse weather in 2017. The total wine-growing area in Hungary was 63,600 hectares in 2016, dropping from 93,200 hectares in 2004.
ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan
Hungary to Address Future of Cohesion Policy During EU Presi...
Foreign-owned Companies Generate Over Half of E-tail Turnove...
Time Out Market to Open in Budapest Next Year
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.
