Market News
AM: the minister discussed the issue of industrial apple with the representatives of the farmers
The Ministry of Agriculture is planning to introduce a contract for a multi-year price range between producers and purchasers in the future – the Ministry of Agriculture (AM) told MTI...
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Household savings have increased
The population has saved a lot of money again, but households had to face a loss of money with risky investments – Világgazdaság Online wrote. Households saved nearly 1300 billion...
Read moreCompanies are preparing for IT developments
The investment intent of SMEs has not been so high for more than ten years. Currently 78 percent of the companies are preparing for some kind of development – according...
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Consumer sentiment in the euro area has not improved in July
The euro-zone consumer sentiment index has not moved in July from the eight-month low of June, as assessed by the European Commission. According to the data of the European Commission’s...
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Employment service: the number of jobseekers declined by 6.3 percent in July
The number of registered jobseekers decreased by 6.3 percent in Hungary over a year. According to the data of the National Employment Service (NFSZ), on the closing day of July,...
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Ethanol is produced instead of sugar by Brazilians
With increasing transport needs, more and more fuel is needed in Brazil, mostly produced in sugar cane plants – agrarszektor.hu wrote. Maize – as an ethanol base – is a...
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The producer price of eggs dropped further
The figures of the Central Statistical Office (KSH) show that the number of hens has decreased in Hungary. While the number of hens was 35 million on 1 June 2018...
Read moreAgricultural Chamber: fresh domestic table grapes are already on the markets
Due to the long-lasting warmth, this year the table grapes to ripen two or three weeks earlier, and there is already a large amount of domestic goods in the markets...
Read moreWe do not use the irrigation capacities
According to the Minister of Agriculture, “drought is the main source of danger for the Hungarian agriculture today”. Nagy István said at the Agricultural Forum of the opening of the...
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Rabbit consumption has been promoted at the Farmer Expo
There is no healthier meat than rabbit meat – the Minister of Agriculture stated at the Farmer Expo, at the Debrecen stage of the nationwide campaign to promote rabbit meat....
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SMEs expanding resources for capacity expansion
The demand of the SME sector for capacity-enhancing EU tendering opportunities is huge, not only for the free money but also the loan offered with credit in this area –...
Read moreConsumer sentiment in the United States is on annual low
The Consumer Sentiment Index of the Michigan University and Thomson Reuters business news service declined to the lowest level of the past year in August. In August, the consumer mood...
Read moreAn international research team explored the genetics of wheat
An international research team has uncovered the genetic resources of wheat, which opened the way to breed the wheat varieties that are far more nutritious and adaptable to the climate...
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Carbohydrate too low and too high equally harmful to your health
A too low or too high diet in carbohydrates increases the risk of premature mortality according to a new study published in the Lancet journal. Researchers have collected eight large-scale...
Read moreGerman farmers: almost three billion euros drought damage
Almost three billion euros (966 billion forints) damage happened to the German farmers due to the low precipitation weather of the recent months, according to the first estimates made after...
Read more4,84 million tons of winter wheat was produced this year
The harvest of winter wheat has been completed. Almost 4.850 million tonnes were harvested in Hungary from almost 950 thousand hectares – the Minister of Agriculture said on Thursday in...
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Syngenta: crop prospects are good in the Hungarian sweetcorn sector
Larger crops can be harvested this year by the domestic sweetcorn growers. Hungary continues to be the leader in both the production and the export of frozen and canned finished...
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We are price sensitive to vegetables
If we are dealing with vegetables, we are very price-sensitive – agrarszektor.hu wrote after Gfk Hungária’s data. A part of society can easily give up the consumption of frozen vegetables,...
Read moreSmall brewery production is strengthening
Small-scale breweries would strenghten in technologies and exports, who would cut 4-5 percent of the total beer market within the next six to eight years – Világgazdaság Online wrote. This...
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The Ministry of Agriculture supports the initiative of the farmers
The Ministry of Agriculture supports the initiative of the apple producers, which calls for action against unfair purchasing behavior – the Ministry of Agriculture told MTI on Thursday. The announcement...
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The IT support of the national hail damage reducing system was handed over
The IT support of the national hail damage reducing system was handed over on Thursday in the headquarters of the Hungarian National Meteorological Service (OMSZ) in Budapest. Löwinger Endre, System...
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Hundred tonnes of cooking oil and 48 tonnes of crystal sugar were seized by NAV
Hundred tonnes of cooking oil and 48 tons of crystal sugar were seized by the National Tax and Customs Office (NAV). A food retailer attempted to scam the EU VAT...
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Cabbage consumption reduces the risk of bowel cancer
Certain vegetables, including cabbage, broccoli and cabbage is able to reduce the risk of developing bowel cancer with a special compound. Crustaceous vegetables have long been shown to have beneficial...
Read moreVienna is the most livable city in the world
It is best to live in Vienna all over the world – according to London analysts. After seven years, the Austrian capital has pushed Australia away from the first place...
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It is really worth buying an electric car these days
According to fleet management company LeasePlan’s annual Car Cost Index report, from 21 European countries it is in Hungary that the monthly maintenance costs of electric cars are the lowest....
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Hungarians are eating more consciously than 5 years ago
A representative survey by K&H, conducted with 600 participants, has revealed that Hungarians eat more fruits and vegetables, and more Hungarian-made groceries than in 2013. István Tresó, the head of...
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New type loyalty programmes are needed
According to an international retail loyalty study conducted by EY, with the participation of 130 senior executives, at global level only a small proportion of retailers have managed to make...
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EU ends discrimination against consumers
After a long period of negotiations, the European Union gave green light to the Geo-Blocking Regulation in the spring of 2018. The new regulation addresses unjustified online sales discrimination based...
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Hungarian fruit growers and cereal processing companies can end up in a bad situation
Changes in agricultural prices can cause serious problems for cereal crop processing companies and fruit growers – warns K&H Bank. István Tresó, the head of K&H’s agricultural sector development division...
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Higher vegetable product and lower livestock prices
In June 2018 agricultural production prices didn’t change from the level of June 2017 – reported the Central Statistical Office (KSH). This situation was the result of vegetable product prices...
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