Market News
The national ice-damage reduction system was put into operation earlier than last year
Unlike in previous years, the national ice-reduction system was put into operation on Monday, which caused tens of billions of forints damage last season. According to the announcement of the...
Read more
FruitVeB: weekend rainfall was good for the farmers and the orchards
The precipitation of the sown vegetable seeds and the flowering of the fruits was helped by the rainfall at the weekend, but it did not provide the necessary amount –...
Read more
Magazine: FMCG brands and sports: Brand building and mission (Part 1)
László Madarász, director of marketing and strategy at Pick Szeged Zrt. opines that sports marketing (sponsorship) has several advantages, because it establishes a direct connection between the supported organisation and the...
Read moreThe risk of bee deaths is also assessed this year
As a result of this year’s high number of bee deaths, the Bee Risk Monitoring Program continues with increased sample number in cooperation with the National Hungarian Beekeepers Association (OMME)...
Read moreMabisz: farmers concluded 22,000 plant insurance contracts
Farmers concluded a total of twenty-two thousand plant insurance contracts in Hungary – Lambert Gábor, Communications Manager of the Hungarian Insurance Association (Mabisz) told M1 news channel. He drew attention...
Read more
Nébih: The ban on catching six more fish species begins on 15 April
A ban on the catching of six more species begins on 15 April: Restrictions on the catch of the Garda, Domolykó, Paduc, Bream, Jász Bream and Márna will last until...
Read moreIn the United States, consumer prices increased more than expected in March
In the United States, consumer prices rose at a slightly stronger rate than expected in March, in year-on-year and month-on-month comparision. The US Department of Labor announced on Wednesday that...
Read more
FAO: New standards to curb the global spread of plant pests and diseases
The body charged with keeping plant pests and diseases at bay and trade in plants safe has adopted new international measures to prevent pests from crossing borders and spreading. The...
Read more
Magazine: Competing for the consumers – but obviously no sweating is involved!
According to Katalin István, brand and trade marketing manager of Henkel Magyarország Kft., deodorant sales grew above the beauty product average in terms of both value and volume in 2018. Roll-on...
Read moreThe horticultural sector’s output was 300 hundred billion HUF last year
The horticultural sector is the dominant area of Hungarian agriculture. The role of vegetable production is the most important within the sector – the Minister of Agriculture said on Thursday...
Read more
Domestic cucumbers are cheaper than last year
Domestic cucumbers may be cheaper than last year; according to the data of the Institute of Agricultural Economics, the producer price of domestic snake cucumbers in Budapest Wholesale Market is...
Read moreThe Agricultural Chamber continues the development of irrigation by preparing seven investments
This year, with the preparation of seven water facility projects, irrigation development will continue, with the government allocating 594 million forints – the National Agricultural Chamber (NAK) told on Friday....
Read more
Nébih: it is not too late to defend against the monilia in sour cherry and peach trees
It is not too late to protect against monil disease in sour cherries and peach trees – the National Food Chain Safety Agency (Nébih) points out on its website. They...
Read moreThe US consumer sentiment deteriorated significantly in April
US consumer sentiment worsened much more than expected in April, according to the the preliminary results of the Michigan University’s regular monthly survey, which were published on Friday. The consumer...
Read morePM: Hungarian companies can get opportunities in several areas in Eurasian markets
Through cooperation with the Eurasian Development Bank, Hungarian companies see investment opportunities in the water, transport and information technology, pharmaceutical and health industries, agricultural technologies and food and vehicle industries...
Read more
More than 7,800 tons of smoked goods are consumed during the holiday season
More than 7,800 tons of ham and other cooked and smoked meat products are consumed during the Easter celebration in a value of 13 billion forints – Mostisch Martina, Executive...
Read moreDespite the challenges, the output of the pig sector has increased
Despite the Russian embargo and market crisis caused by African swine fever, emissions from the pig sector grew by 3 percent and 1.8 percent, respectively, last year – Feldman Zsolt,...
Read moreThe agricultural research center is begins a country tour for the mitigation of drought damage
The National Agraricultural Research and Innovation Center (NAIK) is launching a professional country tour to give farmers the new knowledge that can effectively reduce drought damage – the director general...
Read more
AM: the ministry is doing its utmost for the competitiveness of the egg, vegetable and fruit sectors
The state’s margin of maneuver is influenced by Hungarian and EU legislation when influencing market processes, while the Ministry of Agriculture (AM) makes use of all possibilities and grabs all...
Read moreConsumer protection: data protection requires the exchange of customer book forms
Due to the increased protection of personal data, you will soon need to change your customer book form so that other customers do not have access to personal information such...
Read moreIn order to comply with plant protection regulations, Nébih is committed to protecting bees
By complying with plant protection legislation and regulations, the risk to bees can be minimized – the National Food Chain Safety Agency (Nébih) pointed out on its website. According to...
Read moreMabisz: the highest amount of agricultural-damage relief is available only with insurance
The producer receives 100 percent of the aid awarded from the compensation fund only if the producer has market insurance, otherwise the producer can only expect a 50 percent reimbursement...
Read more
Meat industrial traineeship days continue
The Food Industry Directorate of the National Chamber of Agricultural Economics (NAK) launches “Learn together!” programs on new topics based on membership requirements. During the professional days dedicated to the...
Read more
How the world’s largest family businesses are responding to the Transformative Age
The 2019 EY and University of St Gallen Global Family Business Index provides significant insights into the world’s largest family-owned businesses, ranked by revenues. This year we see little change...
Read more
The towel is as clean as the toilet room
Probably this is what we could say about the results of the survey conducted by Chicago-based Culinary Visions and published in March. One of their most important findings is that...
Read moreFebruary was a good month in retail trade
In February 2019 like-for-like retail volume sales (combined sales of physical stores, mail order companies and online shops) augmented by 8.4 percent – adjusted for calendar effects – reported the...
Read more
3.7 per cent price increase in March
According data from the Central Statistical Office (KSH), consumer prices were 3.7 percent higher in March 2019 than in March 2018. Food prices jumped 5.4 percent. Seasonal product prices (potatoes,...
Read more
GKI forecast: inflation speeding up, domestic use slowing down
At a press conference held on 27 March, GKI presented its first economic forecast for 2019. GKI foresees a 3.5-percent ecomomic growth, which will be generated by domestic use –...
Read more
Cheaper eggs
According to the latest market report of the Agricultural Economics Research Institute (AKI), Hungary’s live cattle export grew by 6 percent in the first month of 2019 (in comparison with...
Read more
Robots on the street
After a test run in May 2018, Co-op launched its home delivery by robots service in Milton Keynes (United Kingdom) in April 2019. The robots – manufactured by Starship Technologies...
Read more