Market News
The inland grain corridor in Ukraine needs to be further strengthened
Date: 2022-11-02 09:25:53
Hungary supports the operation of the inland grain corridor with all means, said Minister of Agriculture István Nagy. The head of the ministry warned that a global food crisis could...
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GKI CEO: the price cap was not a good idea
Date: 2022-11-01 13:34:35
There is a strong consensus among experts that there is a direct correlation between the price cap and the rise in inflation. “Price caps cannot stop price increases, in fact,...
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Meat continues to become more expensive: a Hungarian farmer loses HUF 50-100 for each kilogram of pork produced
Date: 2022-11-01 13:06:06
The spread of African swine fever (ASP), the decrease in global production, the coronavirus epidemic, the drought, and then the wartime sanctions did not do the meat market any good...
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Sole-Mizo underwent major development, Túró Rudi was renewed
Date: 2022-11-01 12:40:14
Túró Rudi’s recipe hasn’t changed or only barely changed for a long time, just as the production process has remained the same. A 2-year HUF 300 million development project was...
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Újszászi Bogár László: a smiling face makes people eat and buy more
Date: 2022-11-01 12:22:47
The experiment of Piotr Winkielman, a researcher at the University of California, San Diego, and Kent C. Berridge, who works at the University of Michigan, shows that the sight of...
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Halloween has long been a major retail holiday
Date: 2022-11-01 11:51:46
It used to be celebrated only in the USA, but today you can find Halloween decorations almost everywhere in the world at the end of October, even in countries that...
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Hungarian cheese maker talked about the biggest secret of quality cheese
Date: 2022-11-01 11:41:08
Making good cheese starts with good pasture and good forage. Good cheese is made from the milk of healthy and well-loved, happy animals with a low germ count and excellent...
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Aldi U.S. to up the ante in online grocery
Date: 2022-11-01 09:17:40
The discount grocer is working with e-commerce specialist Spryker Systems to develop a new online food and grocery shopping experience for the U.S. market, including grocery delivery and/or curbside pickup...
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Nearly 90% of American chefs would serve artificially produced meat
Date: 2022-10-31 14:45:32
A new survey conducted by food technology company SuperMeat discovered that 86% of American chefs are interested in serving artificially produced meats, poultry or seafood to their guests. The survey,...
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Plant-based meat and seafood are growing in popularity the most
Date: 2022-10-31 11:28:10
In 2021, the global plant-based food market was valued at USD 39.42 billion and is expected to grow to USD 103.56 billion by 2027. Plant-based foods refer to a wide...
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The crème de la crème of snacking
Date: 2022-10-31 10:23:57
After the temporary slowdown of last year, 2022 brought a double-digit sales growth in the milk dessert category. The engines of growth were the cottage cheese cream and pudding segments,...
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Breast or thigh?
Date: 2022-10-31 10:03:36
Bird flu, rising poultry feed prices and inflation – these were the most important factors influencing the first six months of the year in the poultry market. Product shortage due...
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The EU called on Moscow to implement the grain transport agreement
Date: 2022-10-31 10:00:08
The European Union condemns Russia’s suspension of ship traffic in the security corridor designated for the transport of grain as part of the “Black Sea Initiative” and encourages Moscow to...
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Food security is a cornerstone of global peace
Date: 2022-10-31 07:09:24
The Sixth Bread of Peace Conference was held in Slovenia on October 27-28, with the participation of 12 countries. At the event, Hungary was represented by Oszkár Ökrös, the Deputy...
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The regulation of the extraordinary agricultural interest subsidy program has been published
Date: 2022-10-29 07:34:35
In accordance with the decision of the Drought Emergency Task Force, an extraordinary agricultural interest subsidy program will be launched to facilitate the financing of working capital for livestock keepers...
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KPMG: 79 percent of leading large companies prepare a sustainability report
Date: 2022-10-28 11:39:51
79 percent of leading large companies prepare a sustainability report, and more and more companies are dealing with the effects of climate change; however, the reports are often not detailed...
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K&H: The SME sector is not expected to be too good
Date: 2022-10-28 10:28:13
After the downward trend so far, the confidence of the SME sector has now been shaken even more: the K&H SME confidence index, starting from the positive range never seen...
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All Souls’ Day – According to the Chamber of Agriculture, the domestic chrysanthemum crop is similar to last year
Date: 2022-10-28 09:53:02
This year (similar to last year), around 17 million chrysanthemums were grown in Hungarian gardens – the National Chamber of Agrarian Economy (NAK) announced on Friday, noting that it is...
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Digital food retailing is growing in Germany
Date: 2022-10-28 09:50:20
Just under half of their customers have used home-delivery services to receive food at home since the pandemic. According to GfK, new fast-food business models are also driving changes in...
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Aldi supports staff with new menopause training
Date: 2022-10-28 09:28:41
Discount grocer Aldi has enhanced its support for colleagues experiencing menopause with new training for its managers. Facilitated by Henpicked: Menopause in the Workplace, the training will raise awareness of...
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Italy’s Illycaffe to pay global employee bonus, CEO tells paper
Date: 2022-10-28 09:21:32
Italian premium coffee maker Illycaffe will pay a cash bonus to its employees to help them cope with increasingly stretched finances, its chief executive told Il Corriere della Sera newspaper...
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Trappist cheese may get a price cap, too?
Date: 2022-10-28 09:14:23
The details of Viktor Orbán’s statement announced last Friday, which new products will be added to the list of price-capped products, have not yet been revealed. As the data of...
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The interest of the farmers of the Carpathian Basin is cooperation
Date: 2022-10-28 08:01:00
The fall regional meeting of the Hungarian Farmers’ Conciliation Forum (KEF) of the Carpathian Basin was held in Pula, Croatia, at which delegates from 9 Carpathian Basin regions represented Hungarian...
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These data are required for the 2022 damage mitigation allowance application
Date: 2022-10-28 07:49:11
After agricultural damage that occurred in the 2022 damage mitigation year, the application for damage mitigation benefits can be submitted until November 30, 2022 by the injured parties who announced...
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LA adopts Plant-Based Treaty to fight climate change
Date: 2022-10-27 14:39:59
With climate change threatening major changes that will affect food production, activists are promoting the Plant-Based Treaty as a means of reducing consumption of animal products. Of course, convincing people...
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The price of sugar may even double
Date: 2022-10-27 14:35:17
Once the price cap is over, sugar will rise in price by 100 percent. “The price of granulated sugar in stores would rise by one hundred percent, to around HUF...
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MNB: the commercial real estate market is also at risk due to the increase in energy prices
Date: 2022-10-27 13:50:23
Rising energy prices and the resulting inflationary pressure, as well as the tightening monetary policy in response to this, which also resulted in an increase in financing costs, pose a...
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TIM State Secretary: it is important to use new technologies in agriculture
Date: 2022-10-27 10:00:32
The Ministry of Technology and Industry (TIM) considers it important to apply new technologies in agriculture as soon as possible, which is why it has started the implementation of the...
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Plant-based proteins: New plants on the horizon
Date: 2022-10-27 09:59:03
According to the United Nations, thousands of plants and animals were used for food in the past, but today less than 200 contribute to global food supplies. What is more,...
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Limited-edition M&M’s, Skittles products launched for Halloween
Date: 2022-10-27 09:52:23
Mars Wrigley has launched two new products ahead of Halloween, to make the most of a 38 per cent increase in Trick or Treating in Australia. Ben Hill, Mars Wrigley...
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