Market News

The inland grain corridor in Ukraine needs to be further strengthened

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...

Read more

GKI CEO: the price cap was not a good idea

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,...

Read more

Meat continues to become more expensive: a Hungarian farmer loses HUF 50-100 for each kilogram of pork produced

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...

Read more

Sole-Mizo underwent major development, Túró Rudi was renewed

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...

Read more

Újszászi Bogár László: a smiling face makes people eat and buy more

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...

Read more

Halloween has long been a major retail holiday

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...

Read more

Hungarian cheese maker talked about the biggest secret of quality cheese

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...

Read more

Aldi U.S. to up the ante in online grocery

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...

Read more

Nearly 90% of American chefs would serve artificially produced meat

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,...

Read more

Plant-based meat and seafood are growing in popularity the most

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...

Read more

The crème de la crème of snacking

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,...

Read more

Breast or thigh?

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...

Read more

The EU called on Moscow to implement the grain transport agreement

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...

Read more

Food security is a cornerstone of global peace

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...

Read more

The regulation of the extraordinary agricultural interest subsidy program has been published

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...

Read more

KPMG: 79 percent of leading large companies prepare a sustainability report

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...

Read more

K&H: The SME sector is not expected to be too good

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...

Read more

All Souls’ Day – According to the Chamber of Agriculture, the domestic chrysanthemum crop is similar to last year

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...

Read more

Digital food retailing is growing in Germany

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...

Read more

Aldi supports staff with new menopause training

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...

Read more

Italy’s Illycaffe to pay global employee bonus, CEO tells paper

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...

Read more

Trappist cheese may get a price cap, too?

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...

Read more

The interest of the farmers of the Carpathian Basin is cooperation

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...

Read more

These data are required for the 2022 damage mitigation allowance application

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...

Read more

LA adopts Plant-Based Treaty to fight climate change

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...

Read more

The price of sugar may even double

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...

Read more

MNB: the commercial real estate market is also at risk due to the increase in energy prices

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...

Read more

TIM State Secretary: it is important to use new technologies in agriculture

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...

Read more

Plant-based proteins: New plants on the horizon

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,...

Read more

Limited-edition M&M’s, Skittles products launched for Halloween

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...

Read more
Oldal