Hungary's €430-Per-Tonne Election Strategy
Hungary’s €430-Per-Tonne Election Strategy A grain farmer outside Debrecen, Hungary, stares at a spring planting budget that no longer closes. Nitrogen fertilizer costs him roughly €430 per tonne, up from under €300 eighteen months ago. He doesn’t know that on March 16, his agriculture minister sent a letter to Brussels demanding the tariffs causing part of that increase be dropped to zero. He knows only that he has 27 days until Hungary’s parliamentary election, and the party promising cheaper inputs is the one he’ll vote for. ...