ON THE SUPPLY FUNCTION OF THE HUNGARIAN PORK MARKET
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The Hungarian pork market has been in a decreasing position in the last years. The main reasons for that is the increasing international competition, the Hungarian support system has been replaced by CMO of pigmeat and the decrease of pig meat consumption as a result of customer behaviour. There was no exact estimation of the Hungarian supply function. In a earlier paper we have published for regression equations for it. In the first part of present paper we show that these equations forecasted in a appropriate way the pessimistic scenario. The second part of paper discusses revisited, new regression equations.