Markets Print edition: 2022-10-06

Maize crop

Published October 6, 2022 Updated October 6, 2022 05:59am
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BUDAPEST: Hungary, a major grains producer on the European Union’s eastern flank, could end up being a net maize importer in the current season after this year’s drought slashed yields, the Agriculture Ministry told Reuters.

It said the 2022 maize crop was seen at about 3 million tonnes compared with a usual 7 million to 9 million tonnes harvested under normal circumstances. Normally Hungary exports some 3 million to 4 million tonnes, with minimal imports.