Market News
KSH: a further slowdown in the growth of agricultural producer prices
Date: 2013-06-13 12:40:43
The rate of growth in the agricultural output prices was further slowing in April. The purchase prices were 11.5 percent above the level of a year earlier, after the 14.6...
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FAO: the good grain harvest may reduce food prices
Date: 2013-06-13 12:35:44
This year, the FAO, expects a higher grain crop. It is expected that more wheat will grow this year than in 2012, and in the United States corn is grown...
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The tobacco market players have signed a joint memorandum of understanding
Date: 2013-06-13 12:29:31
The representatives of the tobacco market have signed a Joint Memorandum of Understanding – the Nemzeti Dohánykereskedelmi Nonprofit Zrt. (National Tobacco Trading Company Nonprofit Zrt.) told MTI on Thursday. According...
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Czerván: flood damages on more than 10 thousand hectares of agricultural land
Date: 2013-06-13 12:10:25
According to the informations of the Ministry of Agriculture, more than 10 thousand hectares of agricultural land was damaged by flooding so far – the Minister of State responible for...
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Magazine: Strengthening consumer confidence increases willingness to purchase
Date: 2013-06-13 11:34:20
In 2012 retail revenue in the grocery, household chemical and cosmetics categories audited by Nielsen increased by 4 percent from the previous year. The average of the surveyed 21 European...
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Nearly one hundred tons of suspicious syrup was seized in Hungary
Date: 2013-06-13 11:00:28
The National Agency for Food Safety seized 98 tons of unknown origin fruit syrup concentrate – Fazekas Sándor, Minister for Rural Development announced. Most of the concentrate, (78 tons) was...
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The Americans waste 40 percent of the food
Date: 2013-06-13 10:59:59
The U.S. Department of Agriculture announced a program for the suppression of food wastage, because in the United States 40 percent of the produced food goes to waste. According to...
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The mangalica conquers in Japan
Date: 2013-06-12 13:02:31
The Hungarian Mangalitsa conquers the Japanese market. Started in Michelin-starred restaurants, it is considered more prominent than the world's coolest meat products. The Hungarian Mangalitsa targets Korea, Hong Kong and...
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Excellent sour cherry and cherry crop is expected at the Elvira major
Date: 2013-06-12 13:00:52
Professionals were gathering to a sour cherry and cherry meeting that took place at the Elvira major, which is the Experimental Station of the State Research Institute of Pomology Photo:...
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Competition in food retailing
Date: 2013-06-12 12:52:30
Although the rule was introduced in the protection of competition that food products can not be sold below the price that included in the purchase invoice, it has brought the...
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The focus should be put on quality in the case of Hungarian wheat
Date: 2013-06-12 12:51:35
The Hungarian wheat-growing industry needs to move toward a specific, high-quality varieties rather than towards quantity – Bedő Zoltán, Diector of the research center of the Agricultural Sciences Research Centre...
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Magazine: The happy days of our agricultural foreign trade
Date: 2013-06-12 12:04:32
The beginning of the year is traditionally rather slow in international trade if compared with the end of the year. However, the processes in January 2013 didn’t follow this trend....
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New pálinkas acquired trademarks
Date: 2013-06-12 12:00:00
Another 19 pálinkas have acqired the right to use the Pálinka trademark, so we have a total of 35 products with a sticker – Wessling Hungary Kft. pálinka rating company...
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EU alert system for food safety
Date: 2013-06-12 11:52:21
The report on the annual food and feed safety alarm system has been released. The annual report on the EU food and feed safety alert system (RASFF system) was published...
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An average of one hundred thousand HUF per person on health care products
Date: 2013-06-12 11:45:33
The Hungarian population between age 18-69 spent an average of one hundred thousand HUF per person on health care products last year – shows the research of Cofidis. According to...
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TerraCycle to recycle in Hungary, too
Date: 2013-06-12 10:43:31
TerraCycle is a private U.S. small business headquartered in Trenton, New Jersey. It makes consumer products from pre- and post-consumer waste (“upcycling”) and reusing other waste materials TerraCycle began with...
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The market of premises is in change
Date: 2013-06-12 09:00:52
Area needs became maller, rents are stagnant and the tenants are looking for flexible terms in the trade retail property market – the OTP Real Estate Fund Management Company and...
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KSH: inflation was 1.8 percent in May
Date: 2013-06-11 12:35:19
The inflation was 1.8 percent in May which is lower than the expectations of the analysts. Compared to the previous month, consumer prices fell by 0.1 percent – the Central...
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To much rain harms the grain, however, it is good for the potatoes
Date: 2013-06-11 12:20:57
“The flood itself in terms of the agricultural sector as a whole does not cause significant damages, the flooded arable land is expected to remain below 50 hectares”- Vancsura József,...
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The draft of the advertisement tax is under preparation
Date: 2013-06-11 11:55:42
Several dailies are reporting on the draft of the advertisement tax in their Tuesday issues. Several dailies are reporting on the draft of the advertisement tax in their Tuesday issues....
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VOSZ: no jobs without investments
Date: 2013-06-11 11:54:29
There are no jobs without investments, but to increase investments an atmosphere of trust is needed – Dávid Ferenc Secretary-General of the National Association of Entrepreneurs and Employers (VOSZ) told...
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Tobacco peace under formation
Date: 2013-06-11 11:53:51
The final refinements are carried out on the joint memorandum of the cooperation, which was prepared by the National Tobacco Trade Office (NDN) Ltd.. The document will likely be signed...
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Sand contaminated soybean was imported into the domestic market
Date: 2013-06-11 11:00:08
Authorities initiated procceedings, due to the fact that sand contaminated imported soybean meal appeared on the domestic market. According to users the soybean meal items include 5-20 percent sand, that...
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Two-month delay for the replacement of cash registers
Date: 2013-06-10 12:30:10
Varga Mihály, Minister for Economic Affairs recommends the Government to consider the extention of the deadline in connection with the exchange of cash registers with two months. He suggests 1...
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The role of local products continues to grow
Date: 2013-06-10 11:55:40
According to V. Németh Zsolt Minister of State for Rural Development, the role of local products continues to grow in the future in the food industry, therefore the government considers...
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Who can use the Hungarian product logo?
Date: 2013-06-10 11:48:33
The number of logos, indicating Hungarian origin or product may be reduced from the autumn on the domestic food market – Népszabadság Online wrote. The government last year adopted a...
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Higher import strawberry prices than last year
Date: 2013-06-10 11:40:28
This year, the import strawberries offered at a ten percent higher wholesale price than last year, while in the same period, merchant paid 2 percent less for Hungarian strawberries at...
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Flood makes milk more expensive in Germany
Date: 2013-06-10 11:05:03
Currently about 250 thousand hectares of agricultural land is under water in Germany. About 15 thousand plants are struggling with flooding. The flood causes about 250 million euros damage to...
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Melon production increased
Date: 2013-06-10 09:59:51
Melon production mood increased among the farmers in South Békés and experiences are similar nationally: the land expansion exceeds ten percent – Simonka György, ministerial commissioner, responsible for the promotion...
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Greenpeace: bees dying due to hazardous chemicals
Date: 2013-06-10 09:00:23
Greenpeace asks Rural Development Minister Fazekas Sándor for an immediate ban on chemicals hazardous to bees – the environment protection organization announced on Monday. On 16 January, the European Food...
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