Hungary's wheat yields lower than expected in 2007

Weather

The Agriculture Ministry expects wheat yields at an average 3.6 tons per hectare this year, rather below the 3.8% per hectare earlier forecast, the ministry's state secretary told reporters on Friday.

The total wheat production this year is expected to be around 3.8-3.9 million tons, as against 4.38 million tones produced in 2006, Fülöp Benedek said. The average yield of autumn barley was 3.67 tons per hectare, with yields varying between 2.2 tons and 4.7 tons, he announced.

He also reported that the farmers had already completed the harvest of 82% of wheat. The price of wheat has gone up considerably on the international commodities markets due to lower-than-expected production both in the European Union and in other countries, Benedek added. (wire)

 

Farmgate Prices Fall 25.4% in February Crops

Farmgate Prices Fall 25.4% in February

Cabinet Approves Farmer Support Measures Government

Cabinet Approves Farmer Support Measures

Szeged Muni Council Clears Road to Service BYD Plant Automotive

Szeged Muni Council Clears Road to Service BYD Plant

Chresten Bruun Wins Expat CEO of the Year Award Awards

Chresten Bruun Wins Expat CEO of the Year Award

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.