Agricultural producer prices down by 5.5%
Agricultural producer prices were down by 5.5% in November 2016 compared to the corresponding period of the previous year, which was made up of an 11% decrease in the prices of crop products and a 5.1% rise in the prices of live animals and animal products. The procurement price of milk has increased steadily since July, while the procurement price of poultry has diminished continuously.
In November 2016 compared to November 2015:
Cereals prices were cut by 15%.
The price of fruits decreased by 6.5%, that of vegetables by 3.4% and the price of potatoes by 9.2%.
The producer price level of live animals rose by 4.5% and that of animal products by 6.6%.
The procurement price of milk has risen since July, equalling 87 forints/litre in November (it was 8 forints higher than the price in October).
The price of pigs for slaughter was up by 15%.
The price of chickens for slaughter decreased by 7.6% over a year. (Their price was down by 13 forints per kilogramme compared to October, so it was 241 forints/kilogramme in November.)
In January–November 2016 compared to the same period of the previous year:
Agricultural producer prices diminished by 3.7%. Within this, the prices of crop products were cut by 5.0% and those of live animals and animal products by 1.5%.
Vegetables prices were down by 2.5% and fruits prices by 4.1%. The price of apples fell by 11%, primarily due to a dramatic decrease in the price of apples for processing, which was 35 forints/kilogramme back in January–November 2015, compared with only 19 forints/kilogramme in the corresponding period of 2016.
The price of pigs for slaughter increased by 3.2%.
The rise of milk prices in the past few months could not compensate for the decrease at the beginning of the year, so the price of milk lessened by 7.7%.