The significance of the Hungarian maize production in relation to the common agricultural policy

Mizik Tamás and Rádai Zoltán Máté: The significance of the Hungarian maize production in relation to the common agricultural policy. In: Review on agriculture and rural development, (10) 1-2. pp. 44-51. (2021)

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Maize is one of the major crops of Hungary. This can be used in various ways, most notably for human consumption, feeding purpose, and ethanol production that is used as a fuel additive. The major indicator of its market competitiveness is the maize yield which varied over the years. This was mostly caused by the weather conditions. The use of more resistant maize varieties, as well as the proper amount of fertilizer (especially nitrogen and potassium as active ingredients), would help to stabilize yields. On the sales side, the price determines the efficiency of production. The Common Agricultural Policy plays a key role in this regard as direct payments contributed to the gross revenue of the crop producers by 57.2% on average in Hungary. The article aims to provide a detailed overview of these issues from 2010 to 2020. Based on our results, we formulated policy recommendations. Regarding maize trade, processing and, therefore, a higher share of value-added products would be essential (canned products, gluten, corn germ oil, gluten) on the export side. This would further increase Hungary’s agri-food trade surplus as well as create new jobs in this sector. However, the exceptional (roughly 47%) price increase in 2021 may not be motivating enough for the different market players in the supply chain.

Item Type: Article
Journal or Publication Title: Review on agriculture and rural development
Date: 2021
Volume: 10
Number: 1-2
ISSN: 2677-0792
Page Range: pp. 44-51
Language: English
Publisher: University of Szeged, Faculty of Agriculture
Place of Publication: Szeged
Related URLs:
DOI: 10.14232/rard.2021.1-2.44-51
Uncontrolled Keywords: Kukoricatermesztés, Agrárpolitika - Magyarország - 21. sz., Nemzetközi kereskedelem
Additional Information: Bibliogr.: p. 50-51. ; ill. ; összefoglalás angol nyelven
Subjects: 04. Agricultural sciences
04. Agricultural sciences > 04.01. Agriculture, forestry and fisheries
05. Social sciences
05. Social sciences > 05.02. Economics and business
Date Deposited: 2022. Mar. 24. 09:16
Last Modified: 2022. Mar. 24. 09:16

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