Market News
An amazing thing was revealed about rice: many people would not have thought this
Due to the problem of climate change, agricultural sciences are constantly facing new challenges, such as in the field of crop cultivation. It was unimaginable decades ago to cultivate crops...
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Essity partners with Voith to explore sustainable tissue production
Essity has signed an exclusive partnership agreement with technology company Voith to explore ways to produce tissue sustainably. The two partners seek to develop a new tissue-making process that will cut...
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MBH AgrárTrend Index: Cautious optimism characterizes the players in Hungarian agriculture
After a year of continuous decline, the value of the MBH AgrárTrend Index rose again in the first quarter of 2023. Due to the drop in energy and fodder prices,...
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The scene of Hungarian beer production
Traditional brewing has a history of thousands of years, which is already part of the culture of humanity, said Dr. Beáta Olga Felkai, Deputy Secretary of State responsible for food...
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Smoked flavours are popular
We can find inflation behind the dynamic value sales growth in the spice category in 2022. This article is available for reading in Trade magazin 2023/5 Ágnes Szűts, Kotányi Hungária...
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The Polish Sejm voted to increase state subsidies to agricultural producers
On Tuesday night, the Polish Sejm (lower house) voted on the amendments to the law, which increase state support for Polish farmers disadvantaged by the import of Ukrainian agricultural products....
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Europe’s largest autonomous store opens in Lisbon
Technology provider Sensei claims it has opened the largest autonomous store in Europe, in cooperation with Hewlett Packard Enterprise (HPE). The 500m² “Dojo” facility in Lisbon is not open to...
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REWE And Naturland Promote Organic Farming
REWE Group has announced an initiative with Naturland to help farmers move from conventional to organic farming, thereby increasing the range of organic fruit and vegetables offered in its stores....
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Kellogg buys key ingredient from conflict-ridden Sudan
Kellogg Co has a stable reserve of a key ingredient used in its Pop Tarts breakfast pastries that it sources from war-torn Sudan, CEO Steve Cahillane told Reuters in an...
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Anyone can have their own virtual forest with the WWF mobile application
With the ÉnErdőm mobile application developed by WWF Hungary, anyone can create their own virtual forest and try forestry solutions that help the forest’s resilience, as well as learn about...
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Nearly 40% of shoppers buying ‘yellow sticker’ reduced food products
Over one third (38%) of shoppers are buying ‘yellow sticker’ discounted products nearing their expiration dates in a bid to save during the ongoing cost-of-living crisis – Barclays says based...
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The Minister of Agriculture discussed the export of foodstuffs to the United States
On Tuesday, the Hungarian Minister of Agriculture also discussed the export of Hungarian waterfowl to the United States and the possibilities of transporting mangalica ham to the United States. On...
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Minister of Agriculture István Nagy discussed the export of Hungarian foodstuffs to the United States in Washington
On Tuesday, the Hungarian Minister of Agriculture also discussed the export of Hungarian waterfowl to the United States and the possibilities of transporting mangalica ham to the United States. On...
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The solvency of the population decreased the most in Western and Central Hungary
Since last year, the solvency of families has decreased the most in Western Transdanubia, according to research by Intrum and GKI: solvency in the region fell by 58 percent in...
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Research: plant-based products are growing in popularity, especially among young people
This year, Danone Magyarország Kft. also prepared its representative research, the purpose of which is to map how well known and followed the flexitarian diet is among Hungarian consumers, how...
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Paws in trouble – SPAR organizes a national pet food collection for the third time
Most four-legged pets live with caring and loving owners, from whom they receive adequate amounts of food, care and love. However, there are animals that have moved from the streets...
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This year is likely to bring a 0.5% drop in economic performance and 19% inflation
Last year real wages grew by 2.6%, and if this year gross salaries increase by 15% and prices become 19% higher, it will mean that real wages reduce by 3.5%....
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Another seven products of Alföldi Tej received the Excellent Quality Food mark
The number of KMÉ trademarked products of Alföldi Tej Kft. has now increased to ten. Four types of milk, two types of sour cream and a cottage cheese received recognition...
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Pernod Ricard USA buys majority share in Skrewball whisky
Pernod Ricard USA has bought a majority share in peanut butter flavoured American whiskey brand Skrewball. Steven and Brittany Yeng founded Skrewball in 2018, and it was the first peanut...
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Walmart lays off hundreds of workers at five US fulfilment centres
In the USA hundreds of workers at five Walmart fulfilment centres are being asked to find jobs within 90 days at other Walmart locations. The impacted workers would receive their...
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Another help for managing the electronic spraying diary has arrived
Nébih compiled a collection of “frequently asked questions” based on user feedback related to the e-spray log. The thematic summary includes, among other things, question-and-answer pairs related to entry, various...
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Mondelez R&D innovation center opens
Mondelez International, Inc. opened its new global R&D innovation center in Whippany, NJ, on May 1. Mondelez said it invested $50 million in the facility, which includes pilot and scale-up...
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The EP agreed to the maintenance of measures supporting the import of Ukrainian agricultural products into the EU
At the plenary session of the European Parliament in Strasbourg, it agreed to the maintenance of the extraordinary EU measures for the import of agricultural products from Ukraine, the EU...
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SPAR Enters Latin America, Opens First Store In Paraguay
SPAR has announced the opening of its first store in Paraguay, which also marks the entry of the retail group in Latin America. The store opened on 5 May in...
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Poland May Extend Zero VAT On Food Into 2024
Poland may extend zero VAT rate on food staples into 2024 if inflation persists, Prime Minister Mateusz Morawiecki said on Saturday. Poland slashed taxes on a long list of products...
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This year, you do not have to pay an agricultural water service fee for irrigation
Climate extremes, the difficult economic situation caused by the war raging in our neighbor, and the unprecedented rise in energy and input prices pose significant challenges to agriculture. The historic...
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The GVH formulated six proposals in order to reduce the price of durable foods
The Economic Competition Authority (GVH) concluded its accelerated sectoral investigation on the durable food market, and on the basis of this, it formulated six proposals that can contribute to more...
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The latest research results of SPAR have shown that it is worth representing quality
Conscious customers consider it important that the products on the shelves and their packaging, as well as the logistics and food production processes, are transparent, and that their quality is...
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GFM: The online price monitoring system will start on July 1
The online price monitoring system will start on July 1 – the Ministry of Economic Development (GFM) informed MTI on Monday. In its statement, the department said that due to...
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The new Advertising Code is available
The renewed Hungarian Advertising Code, signed by 24 professional organizations, will be effective from June 30, 2023. In addition to the Code, we are also updating our guidelines, which will...
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