Market News
Dairy UK targets those questoning dairy consumption with consumer-facing campaign
Dairy UK is running a consumer-facing campaign that hopes will counter criticism over the sector’s environmental record. „Advocating for our sector is always going to be more effective than responding...
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Kastélyosdombó became the capital of Hungarian hops
A few hundred enthusiastic villages in Somogy county have become the “capital of Hungarian hops” in recent years. The settlement’s hop plantation supplies one of the leading Hungarian breweries with...
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About 1.8 million tons of food waste is produced in Hungary every year
One of the consequences of galloping food prices is that the value of food thrown in the trash can be much higher this year than it was a few years...
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The season had a rough start, but domestic sweet corn is still at the top of Europe
Most sweet corn in Europe is grown in Hungary. In order to preserve the competitiveness of the segment, the size of the irrigated areas and the proportion of varieties resistant...
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Retail chains are taking drastic measures to save money
Ever-increasing energy prices result in unexpected steps. Some European retailers are also reducing consumption, we show you how to save. With energy bills rising and the threat of a food...
Read moreMinistry of Agriculture: autumn works should be planned according to the new rules
As of this fall, it will be possible to farm according to the new rules, in accordance with the growing EU green expectations, but within the framework of the agricultural...
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This is how our fish dishes will be tastier: the breeding of native Hungarian fish species has been perfected
The complex development of the breeding technology of three indigenous Hungarian fish species, carp, perch and catfish, was realized with a European Union grant of nearly one billion forints, project...
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The drought also caused great damage to fish production in ponds
The dry, droughty weather is causing more and more damage to fish production in domestic ponds as well. According to an expert from the Faculty of Agriculture, Food Science and...
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Retail survey: enrollment in school costs 20,000-30,000 HUF per child this year
On average, starting school costs HUF 20-30 thousand per child, but this amount can double, for example in the case of buying a new school bag – REGIO Játékkereskedelmi Kft....
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There is already a shortage of sugar in the shops
You can either not get sugar in Hungarian stores, or the stores limit the amount you can buy, Infostart reports. The expert highlighted the reasons. Hungary cannot produce enough sugar,...
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There is a big problem with Hungarian apples, we need to prepare for a serious shortage
Instead of the previous average yield of 5-600 thousand tons, apple growers in Hungary expect 350 thousand tons this year, which is a third less than last year. In addition...
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Instead of seasonal workers, “pick it yourself” days dominate the fruit market
The plum season is starting, and producers can pay up to HUF 200 a kilo if the buyer picks it from the tree. “Pick it yourself” days are becoming more...
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In July, inflationary pressure eased slightly in Germany
In July, according to expectations, the inflationary pressure in Germany eased slightly, according to the Wednesday report of the German Federal Statistical Office, Destatis. Inflation continues to be driven by...
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The increase in prices has slowed in the United States, but inflation is still close to the record
In the United States, consumer prices rose by 8.5 percent in July compared to a year earlier, the statistics office of the US Department of Labor announced. The figure is...
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Spain: Vegetable exports in May reached a historic sales record
The turnover of Spanish vegetable exports increased by 10.67% until May, reaching a historical record of 3.955 billion euros. Despite the increase in exports, the volume decreased by 3.43%, the...
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Repeated changes in the poultry meat and egg sectors, as well as in the reference prices for egg albumin
The Commission’s executive order (EU) 2022/1323 has been published on specific amendments to regulation 1484/95/EC in the poultry meat and egg sector, as well as the reference prices for egg...
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Spain has testing a new solution for the safe transport of Ukrainian grain
Spain is testing the efficiency of Ukrainian grain transportation by rail with a 600-ton shipment of corn, which is scheduled to arrive in Barcelona from the Polish-Ukrainian border at the...
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Every third Estonian resident buys the cheapest options on the supermarket shelf
Every third Estonian resident buys the cheapest options on the supermarket shelf, a new study by Kantar Emor and the Estonian Food Industry Association shows. Estonian products are preferred if...
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Corona Beer§s own eco-toursm island is worth visiting
Global beer giant Corona announced the grand opening of its namesake island today, a tropical eco-tourism paradise. Located just off the coast of Colombia, it is the first ever Blue...
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How Is Britain’s Cost-Of-Living Crisis Affecting Consumer Behaviour?
As a cost-of-living squeeze on household incomes looks set to worsen in the United Kingdom, here are how consumers are adapting to the rising prices of everything from food to...
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GKI: How much energy do companies save with investments?
GKI Gazdaságkutató Zrt. examined whether the enterprises had implemented energy-saving investments in the last 3 years, and how much energy savings they achieved. The survey was conducted in May 2022,...
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Due to the drought, we can even pay a quarter higher price for olive oil
Acesur, the leading exporter of olive oil, predicts an increase in the price of the product in the next three to four months as heat waves threaten production capacity in...
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Another extraordinary measure: it is forbidden to take firewood out of the country
Due to the energy crisis caused by the war and Brussels sanctions, the government orders an export ban on energy carriers, including firewood. The government controls the export of firewood...
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Russia and Ukraine have agreed on the protection of the Ukrainian grain exportchannel
Ships exporting Ukrainian grain through the Black Sea will be protected by a 10-nautical-mile buffer zone under a deal agreed Monday by Russia, Ukraine, Turkey and the United Nations. After...
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Is margarine bread a luxury item? And a few other things that are brutally expensive now
In July 2022, consumer prices were on average 13.7% higher than a year earlier. Such high inflation has not been seen in 24 years! But what went up in price...
Read moreThese are the rules for loan moratorium and damage payment due to drought
The regulations governing the new loan moratorium due to the drought and special payments by insurers due to drought damage have been published. A loan moratorium and interest-subsidized loans will...
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A global shortage is coming, Hungarians’ favorite side dish may disappear from the shelves
India, the world’s largest rice exporter, is struggling with serious problems, so its exports may decrease, warns Bloomberg. In India, despite praying for rain, they have not sown rice in...
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This is the message of the FAO food price index, which has started to fall
There is no sign of domestic food prices yet, but the FAO food price index has been falling for the fourth month. Zoltán Fórián, the leading agricultural expert of the...
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Unprecedented inflation is coming to Hungary
Inflation continues to grow in Hungary, in a never seen before. Inflation data in Hungary once again caused quite an unpleasant surprise, as the CSO measured a 13.7% annual increase...
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The world wants more and better formula, dynamic growth of the goat milk powder sector is expected
Demand for milk powder made from goat’s milk stagnated for a long time, but due to the expanding formula market, serious growth is expected in the sector. Most breast milk...
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