Market News
Wines were also checked in Szépasszonyvölgy and near the shores of Lake Balaton
This year, the series of summer seasonal inspections of the food chain supervisory authority also included inspections of the “fröccsutcák” in Balaton and the “cellar streets” in Szépszonyvölgy. During the...
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K&H: it is better to pay with a card instead of cash even on vacation
K&H offers a solution for the troublesome foreign cash exchange. The financial institution refunds the conversion cost of card purchases to those who pay abroad from August to the end...
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The protein content of wheat harvested in the EU until mid-July is good
In its July forecast, the International Grains Council (IGC) indicates 784 million tons in 2023/2024. expected global wheat harvest in the economic year. This output may be 20 million tons...
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In the coming months, Allianz Commercial will start operating in Hungary as well
In the next few months, the Allianz Group will introduce a so-called “integrated commercial strategy” in Central and Eastern Europe – including Hungary – that is, it will serve the...
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It is an important requirement for the authorization of preparations that are not classified as plant protection products
Preparations that do not qualify as plant protection products may not contain either simple substance(s) or ingredients marked as “approved” or “not approved” in the EU approved plant protection active...
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FruitVeb: the plum crop will be poor
A weaker-than-average plum harvest of 40,000 to 50,000 tons is expected in Hungary this year – reads a summary published on Tuesday on the website of the FruitVeb Hungarian Vegetable...
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ASP epidemic: territorial restrictions in Croatia are available on the Nébih page
Nébih also helps Hungarian farmers by making available a list of settlements and the EU map search engine so that they can more easily find out about the most important...
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Nébih helps the management of eGN by uploading the data of the Single Request
Nébih uploaded the territorial data provided in the Single Application into the eGN system, making it easier to fill out the electronic diary. After the mass transfer of the EC data,...
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Nestlé Says Price Rises Will Moderate In Rest Of 2023
Nestlé will raise prices at a more moderate rate in the remainder of 2023, its CEO said, as the company hit back at criticism that food manufacturers are charging more...
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Demand for fertilizers has improved
In 2023 IV–VI. 20 percent more fertilizer was delivered to farmers compared to the volume sold in the same period a year earlier. The average sales prices decreased further in...
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First European Application for the Sale of Cultivated Meat
Israel’s Aleph Farms has submitted an application to Swiss regulators with the goal of selling the world’s first cultivated beef steaks under the Aleph Cuts brand in Switzerland, which would...
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More and more people choose agricultural higher education
Agricultural higher education is becoming more and more popular, which is confirmed by this year’s admission results, the Minister of Agriculture announced. István Nagy pointed out that based on the...
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New GfK CMO survey out
In a global research with over 600 CMOs and senior marketing decision makers, GfK has examined their perception of success factors driving effective marketing in their companies, broken down into...
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From August, the discount limit of the SZÉP card will rise to HUF 650,000 and can also be used for food
From August, not only the 15 percent discount on food, but also government measures affecting the SZÉP card will help families and reduce inflation. With the tax discount provided by...
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GFM: from August 1, the rate of mandatory food price promotions will increase to 15 percent
The government continues its inflation-reducing measures. As of August 1, the extent of mandatory food price promotions will increase to 15 percent and the range of foods designated for promotions...
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KSH: Sales prices in the food industry rose by 19.4 percent
In June, industrial producer prices were on average 6.4 percent higher than a year earlier. Domestic sales prices increased by 29.8 percent, export sales decreased by 5.0 percent, the Central...
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Euro zone inflation slowed down in July
In July, inflation in the euro zone slowed down to the extent expected by the market, based on Monday’s report by Eurostat, the statistical office of the European Union. According...
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Eurozone GDP grew more than expected in the second quarter
In the second quarter, the gross domestic product (GDP) in the euro area increased slightly more than expected, both quarterly and annually, based on Monday’s report by the statistical office...
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Inflation continued to slow down in Italy
In Italy, consumer prices rose by 6.0 percent year-on-year in July, after a 6.4 percent rise in June, the Italian statistical office, Istat, announced on Monday as preliminary data. The...
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Hungarians regularly eat hot dogs, but they don’t know what they’re made of, according to a study
95 percent of the Hungarian population regularly consumes hot dogs, but a quarter of them are completely unaware of what they are made of – this was revealed in a...
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Europe has boiled, one tenth of humanity is starving – technologies that can be a way out of the upcoming global food crisis
According to forecasts, by 2050, in parallel with the dynamic population growth, the global food demand will also jump by about 70 percent, while the situation of agriculture is already...
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According to a survey, the global market for agricultural technology is growing at an accelerating rate
Due to the drastic increase in global food demand and the scarcity of water resources, the market for agricultural technologies is constantly growing and may exceed 43 billion dollars by...
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Bulgaria’s fruit growers are in big trouble
Without government help, the sector could be on the brink of bankruptcy. The spring frosts and last week’s hail destroyed 70-80 percent of the crop. Cruel conditions prevail in the Bulgarian...
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K&H: faint optimism on the inflation stage
The number of middle-aged people who have not experienced a significant increase in the price of food is negligible – it is clear from the second quarter of K&H’s secure...
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If you’re bored with ratatouille, grill the peppers instead!
Baked, boiled, stuffed, ground as a spice… Paprika is a basic and essential ingredient of Hungarian cuisine, from soups to main dishes to pickles. With the arrival of the season,...
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90 percent of the cherries have already been picked, the national average is more than last year
Among the fruits, cherry picking showed 90.7 percent readiness on July 16. The national average was 6.7 tons/hectare, 12.5 percent more than last year. The yield per hectare in the...
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Significantly less fruit is ripe in the EU
Half of the EU’s watermelon crop comes from Spain and Italy, which also supply 30% of Europeans’ melons. According to data from Eurostat, the European statistical office, a total of...
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How well do you know Hungaricums?
The Ministry of Agriculture is launching a Hungaricum game. The aim of the initiative is to draw attention to our national values and the top achievements of Hungarians. A gift package...
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Aldi launches search for ‘official beer taster’ int he UK
Supermarket Aldi is searching for an ‘official beer taster’ to review its new range of beers, which is due to launch on 11 September. The successful applicant will receive four...
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DHL acquires Turkish parcel delivery provider MNG Kargo
DHL Group has signed an agreement to acquire 100 percent of MNG Kargo, one of the leading parcel service providers in Turkey. According to DHL, the acquisition secures a leading...
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