Market News
French Retailers Auchan, Intermarché In Buying Alliance Talks
Auchan and Intermarché said they have entered talks to form a joint purchasing alliance, a week after submitting a joint bid to buy the French hypermarket and supermarket stores that...
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AM: We are building a modern horticultural industry
In the KAP Strategic Plan, we continue to maintain priority support for the horticulture sector, so ornamental gardeners can also count on development resources – announced Minister of Agriculture István...
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Lidl To Surpass 700 Stores In Spain Next Year
Despite inflation and declining profitability, discounter Lidl has said that it remains optimistic about the Spanish market. The German-owned retailer plans to open 30 new stores in Spain in 2024,...
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A reduction in the VAT rate for food was raised
The MSZP System Change also includes the reduction of the general sales tax (VAT) on food and energy, and the tax exemption of the minimum wage! program, which is an...
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Exposure doesn’t sway consumers to plant-based meat
A new study from Appetite suggests companies must adopt creative strategies to broaden their consumer base. Increased consumption of plant-based meats may not directly lead to a more positive sentiment...
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The world market price of white sugar has risen
The average world market price of white sugar in September 2023 was EUR 685/ton, almost 8 percent higher than in August. On the London Mercantile Exchange (LIFFE), the front-month quote for...
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The winter seasonal inspection in retail trade begins
Márton Nobilis, the Secretary of State responsible for the food industry and trade policy of the Ministry of Agriculture, ordered a nationwide winter seasonal inspection between December 4 and 31....
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Katalin Neubauer: the extension of the mandatory promotions has a market-distorting effect
According to the announcement of the Hungarian Government, it will extend the system of mandatory promotions until the end of June 2024, which the Secretary General of the Hungarian National...
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This is the Hungarian Christmas – we celebrate it traditionally, but sparingly
We believe in artificial pine, and according to our own admission, overconsumption and waste are not characteristic of us at all. At Christmas, our sustainable decisions are influenced less by...
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Coffee and cocoa are plentiful, but can be brutally expensive
The EU regulations that entered into force in the European Union in June, prohibiting the trade of products that can be partially or fully traced back to deforestation, may lead...
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Domestic melon production can be strengthened through cooperation
There is room for development in the domestic melon sector, the demand for Hungarian watermelons is increasing on the export markets. However, in order to take advantage of the opportunities,...
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It is also worth choosing domestic freshwater fish for Christmas!
Hungarian fish is of high quality and healthy. This is what the Ministry of Agriculture, the Hungarian Aquaculture and Fisheries Interprofessional Organization (MA-HAL) and the Agricultural Marketing Center call attention...
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Christmas brings new hope for the candy market
The year 2023 did not bring a golden year for the confectionary industry, in principle it took place in the shadow of inflation and declining sales figures. However, according to...
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According to Mihály Varga, Hungary can be one of the winners of the green transition
Hungary has the financial means to be one of the winners of the green transition of the world economy – Mihály Varga stated in a press release from the Ministry...
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It is not good news that the price of corn is falling
Corn prices fell to their lowest level in three years as supply from the United States and Brazil increased and demand stagnated. Although as a result of this, food price...
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There will be plenty of apples this winter
This year brought more favorable yields for many agricultural crops, in contrast to the drought period of the previous year. Apple, as the fruit grown in the largest volume, for...
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The government is committed to promoting fish consumption
The government is committed to popularizing fish consumption and supporting the fishing industry, which is why the Hungarian Fish Management Operative Program (MAHOP) Plus will spend HUF 700 million on...
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The relationship with Hungarian farmers abroad is getting closer and closer
The Carpathian Basin Unity Forum is a celebration that shows what a huge driving force the regional cooperation proposed by the Hungarians represents. The government also pays attention to national unity...
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Fontosnak tartjuk a sikerek megünneplését, mégsem szánunk rá időt
A lakosság csupán 11%-ára jellemző igazán, hogy megünnepli hétköznapi sikereit – derült ki a PICK friss felméréséből. A kutatás arra is rávilágított, hogy akik számára az ünnepléshez hozzátartozik a közös étkezés,...
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Nébih ordered national bluetongue tests, the results suggest caution
The bluetongue epidemic broke out in the Netherlands at the beginning of September 2023 and then spread extremely quickly throughout the country. At the beginning of October, Germany and Belgium, among...
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Alig mérik károsanyag-kibocsátásukat az agrárcégek
Az agrárcégek jelenlegi fenntarthatósági gyakorlatáról képet adó K&H fenntarthatósági index szerint a szektor tájékozott az EU karbonkibocsátási elvárásaival kapcsolatban – 90%-uk hallott már a célkitűzésekről, 72%-uk pedig tisztában is van...
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Magyarok és a klímaválság: érzékelik, de nem ez a legnagyobb problémájuk
A magyarok is egyre jobban érzik a klímaváltozás negatív hatásait, a jelen legfontosabb problémájának azonban a megélhetési válságot tartják, és csak ezt követi egy esetleges ökológiai katasztrófa bekövetkezte – derült...
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Redefine Meat Enters Europe With UK, Dutch Launch
Redefine Meat has announced its entry into the European retail market, rolling out plant-based products with Ocado in the UK and Albert Heijn and Crisp in the Netherlands. The company,...
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The Christmas tree season started with a minimal price increase
This year, customers can get pine for barely more than last year’s price: spruce fir 5, silver pine 6, while Nordmann pine is offered at a price of around HUF...
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Tesco launches new vegan brand
Tesco will launch a plant-based brand called Root & Soul, despite a slowdown in vegan food sales across the sector. The supermarket has applied to register the trademark name with...
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COP28 opened in Dubai with food system transformation on the menu
The United Nations climate summit in Dubai just running will be the first to dedicate a full day to exploring climate action across food, agriculture, and water. The United Arab...
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Domestic melon production can be strengthened through cooperation
There is room for development in the domestic melon sector, the demand for Hungarian watermelons is increasing on the export markets. However, in order to take advantage of the opportunities, greater...
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Árfigyelő expects high traffic during the Advent season
Families can save money and time during Christmas bulk shopping by using the online Price Monitor – warns the Economic Competition Authority (GVH) in its announcement on Friday. From the...
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EM: the extended producer responsibility fees will not increase next year
According to the decision of Energy Minister Csaba Lantos, the extended producer responsibility fees will not increase next year either, the ministry informed MTI. According to the announcement of the...
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Nébih prepared a refrigerator usage guide to reduce waste
The National Food Chain Safety Office (Nébih) has put together a guide for the use of refrigerators for Christmas in its program “Leave it Away” to help in the safe...
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