Hungary Heat Wave Could Cost Farmers Billions09 July 2012
HUNGARY - Unseasonably hot weather in the past weeks could reduce the output of Hungary's farm sector by several hundred billion forints this year.
Grain yields can drop as much as 20-30 per cent if temperatures are over 32 degrees Celsius for a prolonged period, National Grain Producers Association head József Vancsura told
The lower yields could push prices up 10-15 per cent over last year, he added.
The heat wave is also taking a toll on livestock farmers, costing poultry farmers alone about HUF one billion a week.
Poultry Products Council chairman Attila Csorbai said prices could climb by 10-15 per cent because of the heat.