Market News
Insect-based products on the store shelves in Switzerland
Switzerland’s second-largest supermarket chain will begin selling insect burgers for human consumption after the country’s food safety laws were revised – the Guardian wrote. The Coop announced insect-based products such...
Read moreKSH: slowdown in agricultural producer prices in June
In June, the agriculrural producer prices were 2.5 percent higher than a year before, following a 4.5 percent rise in May. The price of plant products fell by 3.1 percent,...
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Avian flu: state aid is provided to the most affected poultry processing plants
The poultry processing plants that are affected by the avian influenza the most can expect state aid – according to a government decision that provides the extension of state intervention...
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There is a strong demand for sweetcorn in Europe
This year, about half a million tons of sweetcorn to be processed by the processors. With this quantity, Hungary is the world’s second largest sweetcorn producer after the United States....
Read moreThis year’s grape price prognosis has been completed
The National Council of Mountain Villages has prepared its forecast for grape prices for the year 2017. Unlike in previous years, this year’s price estimate for the grape varieties is...
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The Cookbook of the Tokaj Wine Region is being prepared
The Cookbook of the Tokaj Wine Region is being prepared, the gathering, organizing and publishing of the recipe collection was undertaken by the Tokaj-Hegyalja’s Kitchen group. They will publish the...
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The financial expectations of SMEs is on an eleven-year peak
The financial expectations of domestic SMEs have increased considerably, according to the K & H SME Trust Index research data. Analysts expect an average earnings growth of 8.5 percent and...
Read moreThe heat caused billions of dollars damages in Serbia
Compared to the average of recent years, the Serbian agriculture can expect an about 1 billion USD less profit, due to the heat and droughts of recent weeks – agricultural...
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The NÉBIH seized dietary supplements
Potentious food supplements from China were withdrawn by the National Food Chain Safety Office (NÉBIH) because they found drug-like substances in the tests. According to a statement of NÉBIH sent...
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Czechs spend billions for their favorite pets every year
Czechs spend billions each year on their favorite pets, especially for dogs and cats. The amount of money spent on cosmetics, veterinary care, or the use of special kennels of...
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The good quality Hungarian grain is popular abroad
In terms of quantity and quality, the Hungarian wheat harvest was good this year – it was revealed at the press conference closing this year’s harvest. Grain cereals will abundantly...
Read moreWe are not buying blindly anymore
Eight out of ten customers read the ingredients It is important for eight out of ten customers what are the ingredients of the products they put into their shopping carts....
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The Seed Association does not expect seed price increase
The Seed Association Interprofessional Organization and Product Board published a net price of 92,000 HUF for one ton of autumn sowing seeds, which is expected to be slightly below last...
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Contaminated eggs – Nébih: the price of eggs will not rise
The number and volume of contaminated eggs do not reach the level that would cause change in the price, but it can affect the market processes – Nagy Attila, deputy...
Read moreifo: the world economy mood is still good
The world economic mood index is still close to a three-year peak in the third quarter, though the indicator has declined from 13.0 points to 12.7 points – according to...
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Dietitian: the better nutrition awareness of the population would bring a hundred billion HUF for health care
The health care would save at least one hundred billion HUF if the nutrition awareness of the population would be improved – Soltész Erzsébet, a dietitian of the One Drops...
Read moreRetail in Europe: Central and Eastern Europe is catching up
GfK has made a study on European retail trade. GfK has conducted a comprehensive analysis of the retail trade in 32 European countries, which analyzes the purchasing power, the retail...
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The prospects of the international beef market are favorable
The world’s beef trade continues to grow and the prospects for the international market are favorable, which is a good opportunity for the Hungarian cattle industry, the Minister of State...
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FM: special support for farmers who suffered frost and hail damages
The ministry will assist those growers with a special support, who suffered frost and hail damages this year, the Ministry of Agriculture told MTI on Thursday. According to the information...
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Brussels calls for summit over major egg contamination scandal
The European Commissioner, responsible for food safety has called for a meeting of ministers and national regulatory agencies for Friday, to discuss a widespread European contamination scare, which has seen...
Read moreWithout well-trained specialists there is no sure future in agriculture
Without well-trained professionals, there is no safe future and perspective in the agricultural sector – the Parliamentary Minister of State of the Ministry of Agriculture said on Friday at the...
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Forty thousand fake children’s toys were seized in Kelebia
Forty thousand fake children’s toys have been found by the National Tax and Customs Administration’s (NAV) financiers in Kelebia in a container – the press officer of NAV’s Bács-Kiskun County...
Read moreSlovak retail trade increased
The retail trade in Slovakia rose by 7.8 percent in May, after the 6.5 percent increase of April, the Slovak Statistics Office told on Tuesday. Retail sales growth in May...
Read moreGerman consumer sentiment on top
In June, the Consumer Sentiment Index of the GfK Market Research Institute in Germany rose to a nearly sixteen-year high. In June, GfK’s German consumer mood index increased to 10.6...
Read moreMNB: the 3 percent inflation target could be realized at the beginning of 2019
The growth rate of consumer prices in Hungary is expected to reach the central government’s 3 percent long-term inflation target at the beginning of 2019, Várhegyi Judit, head of department...
Read moreAgricultural Chamber: the wheat harvest is higher than the expectations
Despite the adverse weather, this year’s wheat harvest has surpassed expectations – Süle Katalin, spokeswoman for the National Chamber of Agriculture (NAK) told M1 news channel on Wednesday. She added:...
Read moreSmaller grape yield is expected, due to hail in the Szekszárd wine region
Due to the hail, occured on hundreds of hectares smaller grape harvest is expected, compared to last year in the Szekszárd wine region, while in the non-damaged areas quality grapes...
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The commercial price of spirits will be increased in Ukraine
The Ukrainian government adopted a decision on Wednesday to significantly increase the minimum trade price for spirit drinks – according to the press release of the Ministry of Economic Development...
Read moreCompared to the average, more meal wheat was produced this year
Compared to the average, more meal wheat was produced this year: the share of meal and feed wheat is generally thirty-seventy percent, but this year the rate is 50 –...
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Nielsen: Nearly four million condoms are sold in the summer festival season
Condom sales are on the peak during the festival season in Hungary. In July and August we spend more than 15 percent more on condoms than in the other months...
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