Market News
The British don’t buy plastic bags since they have to pay for it
The introduction of charges for single-use plastic bags in major UK supermarkets, including Tesco, Sainsbury’s, Asda, and Morrisons, has led to a significant decrease in the use of these bags....
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The viticulture research institute in Pécs would contract with its partners to finance its breeding work
The Viticulture and Wine Research Institute of the University of Pécs (PTE SZBKI) would obtain resources to finance the work of breeders, which is becoming increasingly important due to economic...
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Warsaw expects the Ukrainian side to understand the Polish attitude in the grain issue
In the grain issue, Warsaw expects the Ukrainian side to understand the Polish attitude, Polish Deputy Foreign Minister Pawel Jablonski said on Wednesday after receiving the Ukrainian Embassy’s temporary charge...
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E-commerce: orders arrive faster in summer
In order to be able to receive postal items without interruption even during the summer period, it is advisable to think in advance when and for how long you will...
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MBH AgrárTrend Index: the evaluation of the situation of the food economy has strengthened back to the level of the beginning of 2022
After the strengthening experienced in the first three months of 2023, the prospects for Hungarian agriculture improved further in the second quarter, the actors of the sector overall believe that...
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Monster Beverage Acquires Bang Energy
Monster Beverage Corporation has completed the acquisition of Vital Pharmaceuticals, Inc. and certain of its affiliates, collectively known as Bang Energy. The transaction is valued at approximately $362 million (€329.9...
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Anuga 2023: Combating food waste together
As the leading global trade fair for the food industry, Anuga would like to push the discussion about food waste: By offering exhibitors and leading institutions an international exchange platform,...
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The use of aspartame is not from the devil, the sweetener can be consumed in moderation
With a healthy, balanced diet, the presence of aspartame in food and soft drinks should not cause problems. The modification of the risk classification of the sweetener caused a great storm...
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Aldi removes use-by dates on fresh milk ranges to help cut food waste
Aldi has revealed that it is removing ‘Use By’ dates from its fresh milk to help reduce food waste. The German discounter will instead begin using ‘Best Before’ dates on...
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The farmers’ market in Bőcs, Borsod, was handed over
The 118 million HUF farmers’ market was handed over in Bőcs, Borsod-Abaúj-Zemplén county, on Wednesday. At the event, Gergely Gulyás, Minister in charge of the Prime Minister’s Office, said that...
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The raspberry growing area has been continuously decreasing since the turn of the millennium
According to KSH data, raspberries were grown on 1,500 hectares in Hungary at the turn of the millennium, and since then the cultivated area has been continuously decreasing. Eurostat data...
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Alexandra Szentkirályi: from August, 15 percent food price promotions protect families and pensioners
Starting in August, 15 percent food price reductions will protect families and pensioners, the government spokesperson said on Tuesday in a video shared on Facebook. Alexandra Szentkirályi said in a...
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GVH: the price monitoring system will protect Hungarian families from price increases even after the first of August
The Economic Competition Authority (GVH) strictly monitors the implementation of inflation and price reduction measures, the online price monitoring system operated by the office will protect Hungarian families from price...
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Csaba Lentner: prices have decreased in 53 of the 62 product categories found in the price monitor
Currently, the Economic Competition Authority (GVH) can act most effectively in the area of “blatant overpricing”, the operation of the price monitor has lived up to expectations. However, the competitiveness...
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KSH: in May, the product foreign trade surplus was 1.1 billion euros
In May, the export volume increased by 3.9 percent, while the import volume decreased by 1.3 percent compared to the same period of the previous year. The assets were 1.1...
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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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