Market News

Calls for tenders supporting the development of irrigation for producers can be commented on

The social negotiation of new calls for tenders aimed at supporting investments in irrigation development and water use efficiency improvement within agricultural farms has begun, and anyone can express their...

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In the summer heat, increased control of live animal transport is essential

In connection with the summer seasonal inspections, the county and district specialists carry out retrospective, i.e. looking back, inspections in the case of ruminant and pig shipments sent on a...

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Hungarian raspberry production decreased, imports increased

In recent years, raspberry production in Hungary has shown a significant decline, while raspberry imports show changing trends. Due to climate change and economic factors, it is increasingly difficult for...

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The result of the 2024 tender supporting non-governmental organizations in the agricultural sector

In the past period, there has been a significant increase in the number of publications and events that promote agriculture, as well as the number of building relationships that ensure...

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L’Oréal To Acquire 10% Stake In Swiss Skin Care Company Galderma

French cosmetics company L’Oréal is to acquire a 10% stake in Swiss skin care firm Galderma from a group of major shareholders, the two companies have said. The Swiss firm,...

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Walmart brings food waste reduction tech to 1.4K stores

The retailer partnered with organics recycler Denali to install technology that separates food from packaging in the back of Walmart and Sam’s Club locations. Walmart Inc. is rolling out technology to help store...

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German consumers are listening less to influencers

The impact of influencers on shopping behaviour in Germany has been decreasing. At the same time, the use of social media is in decline on the whole. This is shown...

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Seed association: sufficient autumn rye seed is available to farmers

An adequate amount of autumn rye seed is available before the sowing season – the Seed Association Interprofessional Organization and Product Council informed MTI on Wednesday. According to the announcement...

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After harvesting, it is timely to protect against field voles

The National Food Chain Safety Office (Nébih) draws the attention of land users to the fact that the development of field vole infestation after harvesting requires increased attention. During this...

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KSH: in June, retail turnover increased by 2.6 percent compared to the same period of the previous year, and decreased by 0.1 percent compared to the previous month

In June 2024, according to the raw data, the volume of retail trade increased by 1.7 percent, adjusted for calendar effects by 2.6 percent compared to the same period of...

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NGM: consumption expansion has been unbroken for the sixth month, with another significant increase in retail sales in June

Based on the latest data from the Central Statistical Office, the volume of retail trade increased by 2.6 percent in June 2024 compared to the same period of the previous...

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Retail sales in the euro area decreased in June

In both monthly and annual comparisons, retail sales in the euro area decreased in June. According to data published on Tuesday by Eurostat, the statistical office of the European Union,...

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St. Stephen’s Day products are also available at affordable prices this year

The products of St. Stephen’s Day are also available at affordable prices in the SZIN Bistros range – the organizers informed MTI on Tuesday. In their announcement, they wrote that...

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K&H: why do you have to think in a sci-fi way?

Although the use of artificial intelligence (AI) is spreading faster and faster among companies, even experts cannot say when machine intelligence that functions similarly to human thinking will appear. AI...

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Every second Hungarian is lost in the grind of work without inspiration, according to Costa Coffee’s research

The Costa Art & Craft creative competition started more than a month ago, and so far the most diverse artistic creations have been received: among others, coffee has inspired a...

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The Hungarian sports drink received new packaging and more active ingredients

The Absolute Live product line has also changed its design with the introduction of the reversible system, which is more convenient to use during sports. The Magyar Brands prize-winning products,...

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MBH AgrárTrend Index: Hungarian agriculture is at a height not seen for a long time

A slightly slower than expected, but definite positive turn is visible in the Hungarian food industry The favorable assessment of the situation of the actors of the Hungarian food industry...

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The price of edible wheat rose in Hungary at the end of July

In the July forecast of the International Grains Council (IGC), the global wheat harvest in 2024/2025 is 1 percent higher than the previous season, at 801 million tons. for the...

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Non-alcoholic beer is increasingly popular in Germany

Non-alcoholic beer has been growing in popularity in Germany. In 2023, around 556 million litres worth around 548 million euros were produced in the country. According to the Federal Statistical...

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Jumbo Introduces Own-Brand Butter Featuring ‘1-Star Beter Leven’ Quality Mark

Dutch retailer Jumbo has introduced own-brand butter SKUs featuring the ‘1-star Beter Leven’ quality mark. The new products featuring the quality mark include the Jumbo salted and unsalted cream butter...

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McCain Foods to close UK factory, 115 jobs at risk

Canada’s McCain Foods has conducted a review of its UK business and is proposing the closure of a fries factory. The company revealed it is looking to cease production of...

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Drought damage in agriculture

By the beginning of August, it had reached 75,000 hectares, and the size of the areas declared for drought damage is growing by several tens of thousands of hectares every...

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The producer price of domestic raspberries is lower

According to Eurostat data, raspberries were grown on 180 hectares in Hungary in 2023, and the annual yield was between 460 and 540 tons in recent years. According to KSH...

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Asda co-owner injects £30m to ‘improve store experience’ to stop falling sales

Asda co-owner Mohsin Issa is to inject an emergency £30m to “improve the in-store experience” as sales fall at the supermarket giant. The package will be invested during the remainder...

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AKI: a significant part of meat products was also cheaper than last year’s level in July

In mid-July, producer and processor sales and retail purchase prices of a significant part of pork and poultry meat were lower than at this time last year – read the...

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Dairy products are becoming more expensive in Hungary: what is behind this?

Dairy products are still a favorite of Hungarian consumers, but recently there has been a significant price increase in stores. Some products, especially milk, rose in price by HUF 150-200...

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There are problems on the corn front

This year, the corn season started earlier, which raises the question of whether it could end sooner. Many people are worried whether the popular sweet corn will still be available...

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It is a serious competitive disadvantage if you cannot pay by card

The lack of electronic payment options can cause a serious competitive disadvantage for shops. According to research commissioned by OTP Bank, more and more customers in Hungary prefer bank cards...

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The tourism tender scheme worth a total of HUF 13 billion continues

Approximately 200 rural casual catering shops and another 100 rural music and dance clubs can call for a total of nearly HUF 300 million in support. The non-refundable subsidy of...

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K&H: the young people have finally crossed the HUF 200,000 mark

The personal income of young people rose to a record level in the second quarter: the monthly net amount exceeded HUF 200,000, according to the K&H youth index, which has...

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