Value in grass
András Halász, Agnes Suli, Edit Miko and 2 more
Apstract: Applied Studies in Agribusiness and Commerce · 2022
doi:10.19041/apstract/2021/3-4/9 (opens in a new tab)
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Abstract
Climate adaptation is a major challenge. Chasing the sufficient amount of hay is getting in higher priority. Distant mass hay producers give favourable offers despite long distances. Quality is also gaining position and indicators like RFQ (Relative Forage Quality) is highlighting the marketing language. Hay market as we knew no longer exists in Hungary. Most farmers produce their own hay and do not spend extra cents to buy bales. Climate change however, force them to adapt and store more bales for the future. Horse owners and dairy farmers are the main driver to convince hay producers to provide high quality forage. We gathered Hungarian regional hay-price information and evaluated the trends in this sector. The demand-driven hay-price is in contradiction with premium quality timothy grass hay. JEL code: Q11
Abstract licence: CC BY-NC
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