Market News

HunGas would make buffet school meals common

Seeing the positive experiences of its pilot project, HunGas would make buffet-style school meals common, said Zsolt Páger, the company’s business development director, at the company’s Thursday press conference in...

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Simplifications in the management log submission process

As indicated in the announcement already published on January 12, 2024 – in view of the IT difficulties that have arisen – the Ministry of Agriculture has extended the period...

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The French government lifts the ban on plant protection products and reduces the tax burden on farmers by 150 million euros

On Thursday, French Prime Minister Gabriel Attal announced a series of detailed measures to reduce the burdens of the increasingly large number of protesting farmers, among other things, it would...

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The labeling of honey in the European Union is changing at the initiative of Hungary

At the initiative of Hungary and in accordance with the interests of honey producers, in the future it will be mandatory to indicate the place of origin and the exact...

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A new pig farm was established in Dombegyháza

With an investment of HUF four billion, Agrosztár Kft. established a new pig farm in Dombegyháza in Békés County, the company’s managing director informed MTI on Friday. Balázs Dorcsinecz said...

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BMI: Moderate slowdown in January

The seasonally adjusted January value of the Purchasing Manager Index (BMI): 49.9. Compared to the previous January values, this year’s value is lower than the long-term average for this month...

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Parmalat Introduces Its First White rPET Bottle For UHT Milk

Italian dairy company Parmalat has unveiled its first certified white rPET bottle for UHT milk made with 50% recycled plastic. This project, developed by Parmalat’s R&D department in collaboration with...

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ISM New Product Showcase: The top innovations of ISM 2024

In the sweets and snacks industry innovations have always played a decisive role in the development of unique products. At ISM, the leading global trade fair for the sweets and...

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NAK-MAGOSZ: We will use all means against Brussels’ new destructive measures

MAGOSZ and NAK strongly reject the measure proposed by the European Commission the other day, with which they would extend the completely free import of Ukrainian foodstuffs for another year. The...

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Walmart announces ambitious 5-year growth plan

The retailer aims to build or convert more than 150 locations by 2029 and remodel 650 stores during the next 12 months. Walmart announced Wednesday a five-year plan to build or convert...

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Agrometeorology: the lands lack the cold

Cold would be needed to reduce the number of pests and pests on the fields, HungaroMet Zrt. wrote in its agrometeorological analysis on Thursday. They wrote that the temperature was...

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The food industry is also desperate because of the houti issue

In recent years, there has been increasing tension in the Red Sea region due to the armed attacks on ships by Yemeni Houthi terrorists. In recent times, escalating tensions in...

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Private Labels vs Brands – Adapting To Consumer Shifts And Innovating Pricing Strategies

Food sales are expected to show only weak growth in 2024, and this fact certainly poses serious challenges to FMCG brands. Ananda Roy, FMCG consultant and vice president of Circana,...

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AKI: meat and eggs have also become cheaper

Based on the latest summaries published by the Institute of Agrarian Economics (AKI), by the beginning of 2024 we can see a significant price reduction in the field of meat...

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In January, the increase in food prices moderated to 5.7 percent in France

In France, the annual consumer price increase slowed to 3.1 percent in January from 3.7 percent in December, the French statistical office INSEE announced as preliminary data on Wednesday. In...

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The EU would extend the suspension of import duties on Ukrainian exports

The European Commission has proposed to renew the suspension of import duties and quotas on Ukrainian exports to the European Union for another year, and has proposed to extend by...

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Long-term cooperation for innovative and sustainable fisheries management

The Hungarian University of Agricultural and Life Sciences (MATE) and the Hungarian National Fishing Association (MOHOSZ) held an important senior management meeting, one of the main topics of which was...

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Spanish farmers are preparing for demonstrations

Following several European countries, Spanish farmers are also preparing for demonstrations, after the three largest Spanish farmers’ organizations agreed on the movements on Tuesday. According to the joint announcement of...

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Oeconomus: the wheat harvest in Hungary increased by 36 percent last year

Based on preliminary data, the yield of most field crops increased last year, for example, farmers across the country were able to harvest 36 percent more wheat than the previous...

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Customer Loyalty Schemes Key To Success For Retailers, GlobalData Says

Loyalty schemes offered by retailers could hold the key to success for FMCG retailers, according to data and analytics firm GlobalData. Consumers are increasingly taking advantage of loyalty schemes, particularly...

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Carrefour Polska Partners With Foodsi To Tackle Food Waste

Carrefour Polska has announced it will join forces with the Polish start-up Foodsi to help fight food waste. Foodsi is an application in which users can buy full-value products, with a...

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It is also possible to improve soil life from the air

A cooperation agreement was signed by MATE Tanggazdaság Nonprofit Kft., ABZ Drone Kft. and Bio-Nat Kft., the manufacturer and distributor of Mikro-Vital products. According to this, an experiment will be carried...

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Oatly and Carvel partner to bring dairy-free flavors to stores nationwide

The self-described “cult classic ice cream shoppe,” will offer oat-based soft serve, scoops, and ice cream sandwiches in 18 states. Starting this week, Swedish oat-milk based company Oatly will introduce...

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Minister of Agriculture: Brussels has once again left Eastern European farmers alone

Brussels has once again failed Eastern European farmers, as it plans to extend the autonomous trade liberalization measure granted to Ukraine until June 2025 without proposing any solution to the...

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The price of M-tray eggs at the packing point decreased the most

Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 94 percent to almost 77,000 tons in January-October 2023 compared to the same period...

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5 trends that will dominate the retail industry in 2024

According to Oliver Olschewski – CEE CEO of Offerista Group: “In the coming year, companies will face a triple transformation: digital, sustainability and organizational transformation. Personalization of the shopping experience...

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Changes are coming to corporate loans – banks are scrutinizing companies due to sustainability risks

Starting this year, fundamental changes have come into effect in the field of corporate obligations related to sustainability, i.e. ESG, which will affect all domestic companies in some way. While...

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The new consumer trends determine the development directions of the food industry and rearrange the food market

New consumer trends, such as the increase in demand for alternative diets and ready-made meals, as well as the intensification of the geopolitical and climate situation, strongly determine the development...

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The Hungarian government bans artificial meat, elsewhere it is seen as salvation

The Hungarian government has engaged in another culture war, this time against artificial meat. According to the planned measure, Hungary would be the second country in the world to ban...

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Half of Europe is paralyzed under the pressure of farmers

Within the European Union, farmers have mobilized in several countries to protest against the difficulties experienced in the agricultural sector. In Belgium, France and Italy, roads were also blocked with tractors,...

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