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FARM GATE PRICES EDGE DOWN 1.1% IN JUNE

 

Farm gate prices in Hungary inched down an annual 1.1% in June, following months of double-digit declines, the Central Statistical Office (KSH) said. Crop prices increased by 2.9%, rising for the first time in a year and a half. Grain prices climbed 8.1% and oil seed prices rose by 5.2%. Quarterly data released by KSH show farm input prices fell by 12.3% in the first half. The price of energy dropped by 4.6% and artificial fertiliser prices dropped by 36.9%. Feed price declined by 27.2%.