Costs prevailing in Hungarian milk production fall between the levels of Ne
w Zealand and of Western Europe. The example of the dairy farms studied ill
ustrates thet the conditions for profitable milk production do exist in thi
s country. The advantages for Hungary lie in lower wage costs, relatively l
ow animal feed costs, and a cattlae stock withe the capacity for high produ
ction. Should appropriate circumspection and professional expertise be comb
ined with these advantageous factors, Hungarian milk producers will be capa
ble of holding their own in the global competitive arena.