Market News

The price of sunflower is declining

More than last year, almost 211 thousand tons of sunflowers were harvested in Békés County – agrarszektor.hu wrote. This quantity can be considered as average, but the content of the...

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The EU supported the fight against climate change with 20 billion euros last year in the developing countries

The European Union supported the combat against climate change with about 20 billion euros (6,200 billion forints) in the developing countries last year – the Council of EU Member States’...

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KSH: household consumption grew in each main groups in the first half of 2017

In the first half of the year, household consumption grew in all main groups, compared to the same period of 2016, reaching 4.5 percent in real terms and 7 percent...

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The government provides 300 billion HUF to the food industry

In order to strengthen the food industry, the government has approved the 20-point food safety action plan and provides 300 billion forints for the development of the sector – Laszlovszky...

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The EU would easen the opportunities for food donation

The European Union would facilitate rules on food donation, thereby reinforcing action against the emergence of food waste, the EU commission announced. According to the United Nations Food and Agriculture...

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The foreign trade surplus of the euro area has declined

In August, the foreign trade surplus of the euro area declined and was lower than expected, according to Eurostat, the European Union’s statistical office. In August, the trade surplus of...

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(HU) Szupersztár edzőzseni a BrandFestivalon

Sorry, this entry is only available in HU....

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The farmers in Zala county expect 7 million tons of average yield for maize

Seven tons per hectare average yield of maize is expected in Zala County, where nearly 10 percent of the crop is harvested – the county president of the National Agricultural...

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National protein feed program starts

A national protein feed program is being launched to replace feed from genetically modified soybean imports – the Minister of Agriculture announced on Monday in Budapest at a press conference....

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FM: the campaign that was launched to increase rabbit meat consumption was successful

According to the Deputy Minister of State of the Ministry of Agriculture (FM), this year’s campaign aimed to increase rabbit meat consumption was successful. Ugron Ákos, on the harvest day...

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Thirty tons of food for those in need have been delivered through Budapest during the World Food Day

A truck convoy delivered thirty tons of food donations from nineteen companies to the needy families through the historic downtown of Budapest on Monday to draw attention to the World...

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Nearly a quarter of the EU’s population is under threat of impoverishment

23.4 percent of the European Union’s population, 117.5 million people were threatened last year by poverty or social exclusion, according to a report released on Monday by the EU’s Statistical...

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The agricultural chamber assists its members with rural economist and advisory networks

The agrarian chamber assists its members with a network of experts, farmers and consultants, Jakab István, president of the Hungarian Association of Hungarian Farmers’ Associations (Magosz) told M1 news channel....

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Fazekas: the quality of Hungarian wines continues to improve

Thanks to the Wine Excellence Program, the quality of Hungarian wines is constantly improving – the Minister of Agriculture said at a press conference in Budaörs. Fazekas Sándor at the...

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Making resilience a part of the new normal in agricultural livelihoods in the Philippines

Before 2011, the Mindanao region of the Philippines was seldom hit by strong typhoons. It was seen as a prime location for agricultural production and attracted several large international companies....

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Egg Association: egg production in Hungary should be increased

The egg production in Hungary needs to be increased to increase the level of self-sufficiency level in egg production from about 50 percent to 75 percent – the Vice President...

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Only 35 percent of the honey produced can be sold by Hungarian producers in the EU market

Because of fake Chinese honey, only 35 percent of honey produced by Hungarian producers can be sold on the EU market – Bross Péter, president of the National Hungarian Association...

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The NÉBIH checked fish fingers

Nébih performed quality and safety tests in case of a total of 30 quick-frozen, pre-cooked fish fingers. All products comply with the food safety aspects. The specialists of the office...

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Peanut production can grow multiple times thanks to a new technology

Within two years, peanut production in Hungary can be multiplied, due to the new technology of the National Agency for Agricultural Research and Innovation (NAIK) and the Hungarian Horticultural Reproductive...

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NGM: another 5.5 billion forints have been distributed from Ginop

Twenty-five micro, small and medium-sized enterprises received 5.5 billion forints support within the Economic Development and Innovation Operational Program (Ginop) to improve their competitiveness and productivity. Thanks to the support,...

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More than one third of the young people would work abroad

36 percent of young people aged 19-29 are planning to work abroad. However, there are significant differences between the sexes: half of the working men, while only 16 percent of...

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9 thousand companies were terminated in the third quarter of 2017

Only 9409 companies were ceased in the third quarter of 2017, which is the lowest since 2013. Compared to the domestic firm database of 530,000 companies, the quarterly volume of...

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Retail sales increased in the world’s largest economy

Retail sales in the United States have risen less than expected, but with the highest extent in the past year and a half in September, according to a statement released...

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Magazine: Coop Rally wins the Hungarian Product Grand Prize

Coop Rally – the programme that aims at putting Hungarian food production in the centre of attention – has been honoured with the Hungarian Product Grand Prize. The COOP retail chain...

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KSH: agricultural producer prices continued to rise in August

In August, agricultural producer prices prices rose by 3.2 percent, compared to the same period of last year, representing a 0.6 percent increase in the prices of plant products and...

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Fazekas: Hungarian wines can be appreciated due to the loss of grape production in three European countries

As in Hungary, the extreme weather also had an impact on grapes in Spain, Italy and France. As a result, 10 to 20 percent less grapes will be produced, which...

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Kiwi can be grown in the Mura area

In the area of Mura, the former vineyards and semi-detached real estates offer to produce kiwi as one of the recycling possibilities – the Minister of State of the Ministry...

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The IMF has improved its global economic growth forecast for this year and next year

The IMF minimally upgraded the International Monetary Fund’s (IMF) estimate for this year’s and next year’s growth in the Serial Update of the World Economic Outlook (WEO) publication, which was...

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A record potato yield was harvested in Székelyföld

The biggest potato production after 1989 was harvested in Székelyföld. In Kovászna county 28 tonnes per hectare, while in Hargita County 26 tonnes per hectare was the average yield. Könczei...

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