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Published in:
2018 | OriginalPaper | Chapter
10. Profitability in Hungarian Agricultural Enterprises
Author : Krisztián Kovács
Published in: Managing Agricultural Enterprises
Publisher: Springer International Publishing
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Abstract
Land rents and prices increased dramatically during the last decade in Hungary. Restructuring has resulted in a significant downsizing of the Hungarian livestock. The level of agricultural qualifications is much lower among non-paid family workers than among private holders. Private holders are typically older and their advancing age is likely to be a problem in the future. To compare market and procurement price differentials, it is worth noting that changes of the two prices are not proportional. It is caused by differences in the market power of various participants (or levels) of the supply chain. The most profitable farms operate in the horticulture and crop sectors of Hungarian agriculture. Domestic consumption also matters for profitability.