Open AccessValue in grass
Author(s) -
Andras Halász,
Ágnes Süli,
Edit Mikó,
Edina Persovits,
Szilvia Orosz
Publication year - 2022
Publication title -
apstract, applied studies in agribusiness and commerce/apstract
Language(s) - English
Resource type - Journals
eISSN - 1789-7874
pISSN - 1789-221X
DOI - 10.19041/apstract/2021/3-4/9
Subject(s) - hay , forage , quality (philosophy) , business , position (finance) , value (mathematics) , agribusiness , agricultural economics , contradiction , agricultural science , marketing , economics , geography , agronomy , agriculture , mathematics , environmental science , biology , statistics , finance , philosophy , archaeology , epistemology
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