Market News
Apple harvest has begun with early varieties
Date: 2012-08-10 12:20:43
Apple harvest has begun with the harvest of the early varieties. This year a medium-high amount of crop is expected, but there can be problems with quality; producers sell the...
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Budai Gyula calls for further negotiations between the producers and traders
Date: 2012-08-10 12:05:57
As Budai Gyula state secretary told Népszabadság that a consensus is “in progress” between the traders and the players of the meat industry – but exact details were not mentioned....
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Campaign was launched to promote apples
Date: 2012-08-10 12:00:27
In the scope of the co-operation between the Ministry of Rural Development (VM) and the Agricultural Marketing Centre (AMC) apple promotion campaign will be launched in order to promote Hungarian...
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Blonde mangalica and speckled poultry in Egerág
Date: 2012-08-10 11:55:08
The breeding of indigenous domestic animals will begin in Egerág, Baranya county. The first animals and the feed for 14 month will be provided by the state in collaboration with...
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GMO boss warns of food crisis
Date: 2012-08-09 14:00:08
“Resource squabbles and waves of food-induced migration will threaten global stability and global growth,” Jeremy Grantham says. Global investors should have as much as 30 per cent of their portfolios...
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Olympics: successful retailers, restaurants do not see much extra profit
Date: 2012-08-09 13:10:40
Commerce is seeing amazing increases both in terms of volume and value, but the catering scene is not really making extra profits due to the Olympics. However, there are a...
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We need import-wine again due to grape-problems
Date: 2012-08-09 12:10:23
It has been a long time since the wine of the country is facing difficulties for two years in a row. however, following last year's grape-problems, the country is facing...
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Debt crisis hits German industrial output in June
Date: 2012-08-09 11:03:20
Industrial output in Germany declined in June, as the debt crisis increasingly makes itself felt on Europe's biggest economy, official data showed on Wednesday. Industrial production declined 0.9% in June...
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The Hungarian government focuses on the mangalica and the Hungarian great white
Date: 2012-08-08 13:15:44
The presentation that aims to develop the pig industry will be submitted to the government on Wednesday. In the presentation, the Ministry of Rural Development Strategy proposes to launch the...
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Mobile payment system before outbreak
Date: 2012-08-08 12:55:38
Tesco has launched its virtual store service, already at Gatwick airport. The passengers after landing can directly arrange the shopping with their smartphones. But this novelty not only spreads in...
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Analysts: Foreign trade surplus can be similar to last year’s or may be even larger
Date: 2012-08-08 12:50:48
According to the analysts of Erste Bank and the Savings Bank, this year, foreign trade surplus can be similar to last year’s or may be even larger. According to the...
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GfK: The icecream-season had a successful start
Date: 2012-08-08 12:35:10
This year's weather is very favourable when it comes to the icecream-market, especially for the box-versions of the most popular icecreams. In the beginning of the season – the second...
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NÉBIH asks the chains to display the office's green number
Date: 2012-08-08 12:00:47
The Ministry of Rural Development (VM) and the National Food Chain Safety Office (NÉBIH) wrote letter to the food chains asking them to display the office’s toll free number in...
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Dachser Food Logistics acquires 50 per cent in Papp Italia
Date: 2012-08-08 10:44:45
Dachser Food Logistics establishes its own structure in southern Europe through its shareholding in Papp Italia. Dachser Food Logistics is dedicating the month of July to creating its own structures...
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MOSZ: pig-breeding is in crisis
Date: 2012-08-07 13:10:18
The Hungarian pig-breeding is in crisis: the feed prices are high, while the purchase prices are so low, that sometimes do not cover the cost price – set Elected members...
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The Milk Marketing Board asks for EU origin protection for rugged cottage
Date: 2012-08-07 13:00:07
In order to improve the domestic dairy industry’s situation the Milk Marketing Board asks for EU origin protection for rugged cottage. The claim is expected to be submitted in September...
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KSH: the volume of industrial production increased by 0.6 percent in June
Date: 2012-08-07 12:50:48
In June this year, industrial output grew by 0.6 percent compared to the same month of last year. The data of the working-days adjusted index is the same as the...
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MAGOSZ: 40 percent of the corn crop was destroyed in the heat
Date: 2012-08-07 12:40:00
According to the estimates of the Hungarian Farmers Unions and Farmers Cooperative Association (MAGOSZ), almost 40 percent of the expected corn crop has been destroyed across the country this year,...
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Hipercom: The best basket choice of July
Date: 2012-08-07 11:29:00
Hipercom Hungária Ltd. has listed the best basket choices of the month for June, too, based on various channels. The data of the research are taken from Hipercom Monitoring database,...
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Ideological war in Bolivia, against Coca-Cola and McDonald's
Date: 2012-08-07 11:12:34
The South American country of Bolivia has announced that by the end of the year, bans Coca-Cola from the country. The Bolivian Foreign Minister David Choquehuanca explained that “the 21st...
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NGM: no specific proposal arrived to reduce the VAT on basic foods
Date: 2012-08-06 13:20:04
No specific proposal has arrived yet to the National Economy Ministry (NGM) on the reduction of theVAT on basic foodstuffs – the NGM informed MTI on Monday. The Hungarian regulations...
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Opten: the number of liquidations is on peak
Date: 2012-08-06 12:55:34
In July, liquidation proceedings were initated against 2251 companies. In the last three months the monthly average of liquidation proceedings was 2,328 which was 20 percent higher than a year...
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The European harvest started with the Csabagyöngye grape of the South Balaton
Date: 2012-08-06 12:30:08
Significant quantities of the Hungaricum grape is only produced in this region of Hungary on the plantations of the Balaton Agrár Zrt. From the grapes only the Badacsony-based Varga Winery...
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NMHH: 2.118 million broadband internet subscriptions in June in Hungary
Date: 2012-08-06 12:28:31
In June, 2.118 million broadband internet subscriptions were registered in Hungary, 11 thousand more than in May – shows the flash report of the National Media and Communications Authority (NMHH),...
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Less grain has grown in Russia
Date: 2012-08-06 11:10:49
The SovEcon revised its forecast on this year’s grain crop downward with several millions of tons, due to the drought in the Volga region. The market research institute estimates that...
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Apricot season started and ended early
Date: 2012-08-06 11:08:24
This year’s apricot season started early and ended early as well. The housewives were hoping that apricot will only be cheaper, but they soon disappeared from the market. In the...
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FAO: world's rice production is reducing
Date: 2012-08-06 11:06:35
The UN’s Food and Agriculture Organization (FAO), revised the forecast of the world’s rice production downward, however, production will still exceed the demand, and therefore a possible risk of the...
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Domestic corn crop can be three million tons less this year
Date: 2012-08-03 13:10:17
This year’s corn crop can be up to three million tons less, due to the drought. Animal farmers can be also affected badly by the dramatic price increase of the...
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Retail sales in June increased in the euro zone decreased in the EU
Date: 2012-08-03 12:50:00
The volume of retail sales increased in the euro zone and decreased in the EU 27, compared with the previous month – announced Eurostat on Friday. In June, compared to...
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Fifteen tons of goods were seized during the control of the wholesale market
Date: 2012-08-03 12:20:12
During the control of the wholesale market in Budapest, about 15 tons of fruits and vegetables were seized by the inspectors – said Helik Ferenc, head veterinarian of the Pest...
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