Market News

140,000 hectares of state-owned farmland to go on sale this spring

So far 130,000 hectares of farmland were sold to farmers within the framework of the ‘Land for Farmers’ programme. About 7,000 farmers purchased 12,000 plots. The state’s revenue from this...

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The Milk, Whole-Heartedly program including 27 thousand kids has been completed

Between December 2015 and February 2016 the Agricultural Marketing Directorate of the Hungarian National Tourist Office (Magyar Turizmus Zrt.), the Ministry of Agriculture and the Dairy Interprofessional Organization and Marketing...

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Domestic garlic is running out

Experts say that because of the drought 15-20 percent less garlic was grown in 2015 than in the year before, because this plant is essentially produced around Makó without irrigation....

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Hungary can deliver cattle to Egypt again

Hungary can export live cattle to the North African state again, because the previously obstacle (bluetongue disease) is no longer present – the Ministry of Agriculture (FM) told MTI on...

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Support for the fight against phytoplasma infection

The Ministry of Agriculture supports the fight against phytoplasma infection with 8000 HUF per hectare. The Ministry of Agriculture provides direct fundings for the defense against plant quarantine pests for...

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The world without PET bottles

The climate change is one of the most pressing issue on Earth. Thousands of activists are campaigning worldwide to draw attention for the responsibility of humans. Many people think that...

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Consumer confidence is on seven-month lows in the United States in February

Consumer confidence decreased in the U.S.A. in February to the lowest level in seven months as worries about a slowing economy and tumbling stock prices took a toll. The Conference...

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Foreigners buy up the Hungarian walnuts quickly

The vaccination of walnuts ended in February. The Hungarian Horticultural Propagation Nonprofit Ltd. (MKSZN) is prepared for the 2017 sales. The market demand is high, but the Magyar Kertészeti Szaporítóanyag...

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The Rural Development Programme is useful for the winemakers

The Rural Development Programme (VP) contains a lot of support options for the winery investments, technological development, innovation. The applications will appear continuously from March – the Deputy Minister of...

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The food industry will also join to dual training

The Food Science Faculty of the Szent István University (SZIE) launches a dual training with eight food companies in the 2016/2017 academic year. The program can be regarded as a...

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Irrigation development applications to be announced from April

The applications for the irrigation development of agricultural lands is expected to appear in April with a nearly fifty billion HUF amount. According to the communication of the Prime Minister's...

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The Romanian Minister of Agriculture supports the weekend closure of hypermarkets

Achim Irimescu Romanian Minister of Agriculture proposed the weekend closure of hypermarkets as well as the increase of the Romanian products in the stores on Tuesday in the parliament. He...

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Denmark's first ever food surplus supermarket has opened its doors

The store in Copenhagen called Wefood will sell products 30 – 50 percent cheaper than normal supermarkets. Wefood is hoping to help reduce the 700,000 tonnes of food waste Denmark...

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New tax in Poland

Poland’s Minister of Finance Pawel Szalamacha announced that the government imposes a new tax on retail chains. For chains with a turnover below EUR 67 million will have the rate...

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Magazine: Restaurant owner who represents a new era

Rudolf Semsei, the owner of the VakVarjú chain, other restaurants and Budapest Party Service, became ‘Restaurateur of the Year’ in 2015. When our magazine asked him what the prize meant...

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OKSZ: the increase in retail sales may slow down

Last year’s 5.5 percent increase in retail is the biggest growth rate of the last three years; This year the turnover is expected to increase, its rate may be lower,...

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Producer price of milk declined

Raw milk prices fell by 1 percent in January, compared to December and were 14 percent lower compared to the same month of the previous year ¬ the Agricultural Economics...

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The Rural Development Agency paid ot more than half of the supports to the farmers

For the implementation of the agricultural policy, this year 400 billion HUF EU support is available. Until now, 270 billion HUF has been already paid out to the winners –...

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Changes in the Food Codex

The regulation of the Hungarian Food Codex on breads and pastries is changing: the continuously refreshed rules is a guarantee to produce high-quality products . Among the changes Zsigó Róbert,...

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The further growth of e-commerce gives impetus to the Pick Pack Pont

The Pick Pack Point – that is celebrating its 6th anniversary this year – continues to grow unabated, as in the Christmas season the company delivered 26 percent more packages,...

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Mastercard: customers are happy with the new mobile payment solutions

Shoppers in 2015 welcomed the expansion of mobile payment options, but more and more people want to see these solutions in everyday life. This is indicated by the fact that...

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NGM: the families could also spent more on durable goods last year

The retail sales of non-food products grew last year at the highest rate, which shows that the families could also spent more on durable goods last year, mainly due to...

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The GKI sentiment index decreased significantly

The seasonally adjusted value of the GKI sentiment index declined in February from the high levels of January in an amount has not seen for a year. Expectations deteriorated in...

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Horticulture Subcommittee: Hungarian apricot production is in danger

The Hungarian apricot production is at risk in, because last year, several plantations significantly damaged. At the Gönci region the destruction rate of trees amounted to 30-40 percent, and this...

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Application for Food Industrial development funds to be launched on 25 February

In order to the more thorough preparations, and taking the interests of the farmers into account, the Prime Minister's Office modified the “Mezőgazdasági termékek értéknövelése és erőforrás-hatékonyságának elősegítése a feldolgozásban”...

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Still no decision on the model farms

Although Fazekas Sándor, Minister of Agriculture has already made a proposal about which private agricultural companies can become model farms on 15 January, the government has not yet decided on...

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Thousands of ltds may come to an end

Thousands of limited liability companies may be terminated as a result of the statutory share capital increase from 15 March – Eperjesi Zoltán, deputy head of the economic college of...

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New applications in a value of 138 billion HUF

Six new call for proposals was published on 9 February in the Rural Development Programme, in a value of approximately 138 billion HUF – the Prime Minister’s Office announced. The...

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Markit: still no improvement in the euro zone

After the initial data that was worse than expected, no improvement occured in the euro zone in February. The activities of the private enterprises are struggling with the decline in...

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The spread of GMO crops is slowing

Since 2012 in terms of the sowing of GMO crops a decline can be experienced in the growth rate – the Agroinform wrote. As the benefits of GMO crops the...

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