Market News
Apple harvest and prices: further shortages and price increases are expected during the season
According to FruitVeb’s forecast, the 2024 apple harvest may decrease significantly in Hungary, which predicts a 10-15 percent increase in the price of edible apples on store shelves. This season,...
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Health, nature, wallet
Organic food is defined as products that don’t contain artificial additives or preservatives, and are grown and produced without the use of synthetic chemicals, pesticides or genetically modified plants or...
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We value and strongly support the work of beekeepers
The activity of beekeepers makes our environment livable and sustainable. Honey can be imported, but pollination cannot, but without it, there is no future and no food security either –...
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Apple Tap to Pay has arrived in Europe: it can revolutionize commercial payments
Apple’s new payment service, Tap to Pay, arrived in Europe this year and simplifies payment processes by turning iPhones into POS terminals. The technology allows users to make contactless payments...
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Drought-stricken crop prospects: tragic domestic corn and sunflower harvest in 2024
By the beginning of September, final estimates of this year’s Hungarian corn and sunflower harvest will be available, which were prepared by the National Chamber of Agrarian Economy (NAK) based...
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The Online Platform Dispute Settlement Council begins its operation
The range of legal remedies against certain measures of online platforms that negatively affect users has been expanded following the transposition of the European Union’s digital services regulation. The president...
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Revolut is introducing a serious change
Revolut introduces new cryptocurrency payment cards that allow users to make daily purchases with cryptocurrency. The new virtual cards can be integrated with the Apple Pay and Google Pay systems,...
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A strong European agriculture is in the interest of all of us
Strong European agriculture is a strategic issue not only for farmers, but for all EU citizens, which the European Commission must help with by all means. This is what the...
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Sustainability and innovation in packaging
This article is available for reading in Trade magazin 2024/8-9 Since the launch of the waste concession, MOHU has taken a number of measures to increase the proportion of separately...
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Another wave of development is expected in the horticulture sector
To support the planting of fruit, medicinal and herb plantations from September 10; and for the development of horticultural greenhouses, cold stores, vegetable and potato storage facilities and support for...
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The demand for grain combines decreased the most
Individual farms and cooperatives bought HUF 89.5 billion worth of new agricultural machinery and tools in the period January-June 2024, which was 49 percent less than the turnover of a...
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Danone pulls back from Nutri-Score labels
Danone is to remove the Nutri-Score labels on its dairy and plant-based drinks sold in Europe. One of the first major food and drink companies to voluntarily sign-up to the...
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The work of beekeepers is greatly appreciated and given special support
The activity of beekeepers makes our environment livable and sustainable. Honey can be imported, but pollination cannot, but without it, there is no future and no food security either –...
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Morrisons pilots scan and go at six branches
Morrisons has launched scan and go at six stores as part of a nationwide trial of the new technology. The supermarket giant said it was debuting the technology to gauge...
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According to KPMG’s study, more and more company acquisitions are preceded by ESG due diligence
According to the latest research by KPMG International, despite economic and geopolitical challenges, ESG (environmental, social and governance) aspects are playing an increasingly important role in corporate due diligence prior...
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KSH: retail turnover increased by 2.5 percent in July compared to the same period of the previous year
In July, according to raw data, the turnover volume of retail trade increased by 3.3 percent, adjusted for the calendar effect, by 2.5 percent compared to the same period of...
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NGM: the increase in retail turnover continued in July
The sales revenue of retail stores increased by 6.3 percent in one year, which still lags behind the significant nominal increase in wages. The slower growth of commercial turnover points...
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Slow growth in Europe, stagnation in Hungary: mixed picture in retail trade
The European retail turnover increased barely perceptibly compared to June, while stagnation is observed in Hungary, according to the latest Eurostat report. European Union data showed an increase of only...
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(HU) Komoly változások jöhetnek a boltok polcain a klímaváltozás miatt
The consequences of climate change are increasingly serious in the Carpathian Basin, where plant species that were previously well adapted to local conditions may disappear, but the climate is no...
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The Food Rescue Center is collecting donations again
After the Advent and Easter food donation campaigns, Élélmiszermentő Központ Nonprofit Kft. organizes another charity campaign on the occasion of the start of school in September. Food waste is a...
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The EU would reform the common agricultural policy
The EU presented an agricultural expert report on Wednesday, which aims to reform the EU’s common agricultural policy (CAP) in order to better align EU subsidies with the socio-economic needs...
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Domestic consumers generally trust domestic food industry products
Domestic consumers generally trust domestic food industry products, which they consider to be of good quality – declared Dr. Beáta Olga Felkai, Deputy State Secretary of the Ministry of Agriculture,...
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The essence of the Asian coffee culture, or rather the essence of the Zen feeling has been revealed
Vietnam gave the world such gastronomic favorites as pho soup, bánh mì sandwich, bún chả and, of course, Vietnamese coffee. The latter has become an exciting new player in the...
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Moldova’s fruit exports are getting stronger: in competition with Hungarian producers?
Moldova’s fruit production, especially the export of apricots, plays an increasingly important role in the markets of the European Union. The country’s natural features favor agricultural production, and an association...
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Raspberries may disappear, bananas will grow, and there will be new pets in Hungarian agriculture
The situation in the Carpathian Basin is worrying due to climate change. Plant species that once felt comfortable in the area may disappear, but now the climate is not suitable...
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Smaller pressure on cheese
The average price of cheese has reduced significantly since the first half of 2023 (there was a double-digit price drop). Consequently, while cheese volume sales increased compared to a very...
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Food contact materials and sustainability
Dr Blanka Daniella Szilvássy, food safety officer of the National Food Chain Safety Office (Nébih) has summarised the European Union’s review process about food contact materials (FCM), sustainability, and packaging materials...
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The EU would reform the common agricultural policy
The EU presented an agricultural expert report on Wednesday, which aims to reform the EU’s common agricultural policy (CAP) in order to better align EU subsidies with the socio-economic needs...
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Agrometeorology: to sow rapeseed, it is essential to moisten the soil
There is enough moisture in the soil to sow autumn cabbage rape only in small patches, the soil layer affected by sowing is very dry and dusty in most parts...
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Just Eat Takeaway pulls out of France
Just Eat Takeaway has announced that it is leaving the French market, where it hasn’t been able to make its operations sufficiently profitable. With this “difficult decision”, the food delivery...
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