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The volume of coffee exports increased, but national data differ
World coffee exports amounted to 11.11 million bags in June 2022, compared with 10.97 million in June 2021. Exports in the first nine months of coffee year 2021/22 (October/21 to...
Read moreLidl tells UK farmers it will take drought-affected fresh produce
Lidl will sell “stunted” fruit and vegetables affected by the drought to support farmers and ensure food does not go to waste. The supermarket chain has written to its UK fresh...
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US to overhaul nutrition policy after 53 years
The US task force on hunger, nutrition and health has submitted a consensus report with recommendations to the White House on how to improve nutrition, end food insecurity and reduce...
Read moreOVF: the drought has eased, the need for irrigation has decreased
Due to the wetter weather of the last few days and the amount of water coming from the watersheds of the large rivers, the drought has eased, and in addition,...
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Financial experts warn of hard times coming up to the crisis
Due to the economic crisis, more and more companies fear that their operations will be jeopardized due to late payments. In Europe, most companies would fight against outstanding debts with...
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Sales in the Italian FMCG sector increased by 8% compared to last year
The turnover in the Italian FMCG sector reached €11.8 billion in June 2022, growing by 8% on last year’s performance and 5.2% on a like-for-like basis, according to Nielsen IQ...
Read moreEnforced labeling on genetically engineered foods could reduce consumer purchases
Mandatory labels alerting customers that products containing ingredients from genetically engineered plants may hurt sales – at least in the short term – according to a new study from Penn...
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MAGOSZ: You can’t arbitrarily raise land rents
Deviations from the average profit wage must be justified by the parties in advance in the contract. MAGOSZ wrote in a social media post about how to request a higher...
Read moreWe have no good news, it turned out that this is how much wheat and corn actually cost in Hungary
According to the AKI PÁIR data, grain prices have run wild in Hungary, as in the rest of the European Union. In its August forecast, the International Grains Council (IGC)...
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We will not be freed from the grip of the drought for at least another quarter year
Some parts of drought-stricken Europe can look forward to a warmer, drier period than usual for another three months, the European Union noted in its report on Wednesday. According to...
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Foodpanda will change the remuneration of the couriers after the execution of the kata
After the amendment of the KATÁ tax form, foodpanda completely reconsidered the remuneration of courier partners and increased the amount that can be earned with the same performance by an...
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Thai noodle, chinese pork and UK inflation rate – three versions of the same story
As data from July starts to come out, food prices climbed with consumers across countries’ paying record amounts for food even if general inflation numbers and food commodity prices are going down...
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In the EU, 15% of crops are in critical condition due to drought
Almost half of the EU countries suffer from drought, which hinders agriculture, energy production and water supply – the European Commission’s Joint Research Center (JRC) recently confirmed, as cited by...
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ALDI overtook Morrisons on the 4th place – how wil this affect UK grocery market?
Last weekend, the inevitable finally happened: Aldi overtook Morrisons as the UK’s fourth largest grocer. After months of hinting at the possibility – and the grocers’ market shares inching ever...
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US consumers mix up tactics to meet food needs amid inflation
As inflation rages, consumers are adjusting their shopping behavior to stay within budget while maintaining the quantity of food they purchase and even enjoying a few splurges, according to an analysis...
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Carlsberg Targets Net-Zero Emissions By 2040
Beer brewer Carlsberg Group has launched its new ESG programme, Together Towards ZERO and Beyond (TTZAB), highlighting updated targets and new focus areas. The plan includes a roadmap to achieve net-zero...
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Irish Customers are Saving Money With Own-Label Products and Online Shopping
Irish shoppers spent €42.6 million less on branded groceries in the latest twelve weeks ended 7 August 2022, while own-label sales accounted for 46.7% of the total Irish grocery market,...
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German Exports Beyond The EU Decreased In July
German exports beyond the European Union fell by 7.6% on the month in July, the Federal Statistics Office said on Monday, marking a weak start to the second half in...
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Britain’s largest port could hit availability and prices at supermarkets until Christmas
Supermarkets are braced for yet more supply chain chaos following the start of an eight-day strike at the Port of Felixstowe. The port is Britain’s biggest gateway to global trade...
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TRADE PLAYGROUND – With strict rules
We look forward to welcome you again this year at the biggest professional event of the FMCG market, the five-day Business Days conference in Tapolca, Hotel Pelion. TRADE PLAYGROUND –...
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German innovation develops no-cocoa chocolate
QOA, a Germany-based startup now part of the tech accelerator Y Combinator, makes cocoa-free chocolate using “precision fermentation” of other ingredients. Over a little more than a decade, the company...
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Online Discounts Boost Struggling UK Retailers In July
British shoppers spent more than expected last month after being enticed by online shopping deals, official figures showed on Friday, but sales volumes look set to resume their decline as...
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Global Innovation Spotlight: Hungary
On the occasion of Hungary’s national holiday, one of the world’s leading innovation intelligence platforms, Springwise, praised Hungarian innovation results. Sprinwise article focuses on three hungarian innovations: Indor composing robot...
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(HU) Két év börtönbüntetés jár Nagy-Britanniában az impulzusvásárlásra ösztönző hirdetésekért
People responsible for misleading ‘buy now, pay later’ adverts could face two years in prison, Britain’s financial watchdog warned on Friday as it told firms offering the loans to stop...
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Carrefour Launches Vegetable Beer Range In Poland
Carrefour Polska has announced that it has launched a vegetable beer range in Poland, which it claims is a first of its kind in the country. The move is part of the retailer’s efforts...
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There should be a unified repo exchange system – the BKIK and the Zöld Követ Egyesület call for extensive consultation and market self-regulation
The Budapest Chamber of Commerce and Industry (BKIK) and the Zöld Követ Egyesület recommend a market self-regulatory solution to the irregularities related to repo exchange, i.e. a rational, uniform and...
Read moreL’Oréal’s biotech and eco-solutions “invent the future of beauty”
With its yearly innovative beauty report, L’Oréal is shifting research and innovation to focus on green sciences, tech advancements and augmented beauty. The 2021 report is categorized into five key...
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Supply chain issues impact Peruvian avocado exportsto Europe this season
Juan Carlos Paredes, President of the Peruvian Association of Hass Avocado Producers (ProHass) spoke of the challenges the Peruvian avocado export industry has faced during the 2022 season. As inflation, high...
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Irish Consumer Sentiment Hovers At 22-Month Low In August
Irish consumer sentiment slipped marginally to hover at a 22-month low in August as respondents said they expected to further cut back on major purchases in the coming months, a...
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Instead of pulling apart, we need to create strength and unity
This year will test the strength and steadfastness of Hungarian farmers more than ever before, but unity is needed in Hungarian agriculture, said Minister of Agriculture István Nagy at the...
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