Market News
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...
Read moreThe 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....
Read moreFazekas: 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...
Read moreOnly 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...
Read moreThe 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...
Read more9 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...
Read moreRetail 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...
Read moreFazekas: 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...
Read moreThe 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...
Read moreSix-star Gallicoop builds packaging plant
Szarvas-based turkey processing company Gallicoop Zrt. invests HUF 1.6 billion (from which 50-percent is state funding) in building a packaging centre. The company, which processes 40,000 tons of poultry meat...
Read moreMagazine: Hungarian turkey meat, Hungarian values
Gallicoop is a company that creates values and in the last few decades the company proved that high quality Hungarian turkey meat can be sold all over the world –...
Read moreCoface upgraded Hungary
Hungary has been upgraded by Coface. The credit insurer justified its decision because of the economic growth and the improvement of the business environment. According to Coface’s Thursday announcement, following...
Read moreEight billion forints for half a million liters of hand and facial creams per year
Nearly 7 billion HUF worth, ie nearly 200,000 liters of face cream was sold in the Hungarian stores; hand cream sales are close to 1.5 billion HUF and 300 000...
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The support of cattle breeders was increased by nearly 10 billion HUF
Regarding to the significant over-demand, the Prime Minister’s Office decided to increase the original 20 billion HUF budget to 29.6 billion HUF and the applications of 552 cattle breeders were...
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Nébih: the epidemic preparedness of poultry holders has improved but not yet enough effective
Although the poultry holders have improved their preparedness for disease control, the overwhelming majority of them continue to meet only the minimum conditions for replanting required by the authority –...
Read moreAnalysts: September inflation is lower than expected
The September consumer price index has become lower than the market expectations, but the increase in core inflation reflects the growing domestic demand, but mostly the growth of the excise...
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FM: the Visegrád and the Baltic countries have stood up for the preservation of EU agricultural subsidies
The Visegrád and Baltic countries jointly agreed to maintain a strong, two pillar common agricultural policy (CAP) on Monday in Luxembourg at the Agriculture and Fisheries Council meeting – the...
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