Ukrainian wheat seen to have little impact on domestic prices
Wheat imports from Ukraine will not significantly affect the price of wheat in Hungary, National Alliance of Wheat Growers director József Vancsura said on Tuesday.
The national daily Népszabadság wrote on Tuesday that imports from Ukraine could reduce the market price for wheat in Europe.
Vancsura said that imports from Ukraine could, at the very most, disrupt the wheat market in the regions of eastern Hungary bordering the country.
The National Alliance of Wheat Growers chief noted that a sufficient amount of high-quality wheat was harvested in Hungary this 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.