Market News

Today is World Food Day

In order to maintain water security and safe food production, our goal is the sustainable development of agriculture, which predicts the expected effects of increasingly extreme weather conditions and keeps...

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October 16 – World Food Day

On the occasion of the World Food Day held on October 16, topics such as food security, the fight against hunger or planet-friendly eating come into focus every year. However,...

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FrieslandCampina outlines cost-savings plan

“The entire company has to reduce costs,” the Dutch dairy co-op insists. FrieslandCampina has given an indication of its plans to cut costs across the business. The Dutch dairy co-op,...

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The advance payment of direct subsidies begins

The advance payment of direct subsidies will start on Monday, together with partial payments, farmers will receive a total of HUF 277 billion by the end of the year –...

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GM: since the launch of the online price monitor, the average price of the monitored food products has decreased by an average of 6.5 percent

The price monitoring system created as a result of the professional cooperation of the Ministry of Economic Development and the Economic Competition Authority has been supporting the fight against inflation...

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The 2023 Sustainable Future awards were presented

The loss of biodiversity is a greater and closer threat than climate change, and immediate action is even more important here. There is no company that does not depend on...

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Resilience, refinancing and recession risk – this is expected in the fourth quarter

Markets have so far proved resilient to the prospect of a recession, but whether this will continue to be the case is far from certain. The last quarter of the...

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World Egg Day: The poultry sector receives special attention

In Hungary, 550 commodity-producing farms currently produce eggs, which produced around 2.4 billion eggs in 2022 – Agriculture Minister István Nagy summarized the data of the poultry farms on Friday...

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A higiénia elhanyagolása ellen fogott össze az Unilever és a Tesco

Az Unilever a Kimberly-Clarkkal, az Essityvel, a Haleonnal és a Tescóval összefogva igyekszik a higiénia elhanyagolása ellen tenni az Egyesült Királyságban. Október 3-áig a négy vállalat egy-egy higiéniai terméket (sampont,...

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DoorDash introduces stricter measures to stop underage alcohol orders

As the school is beginning, DoorDash is strengthening its efforts to prevent people who are underage from ordering alcohol from the e-commerce provider’s platform. The updates include blocking deliveries to college campuses...

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MI will transform nearly five times as many jobs as it will eliminate

The Hungarian labor market is currently under the combined fire of various trends. Generation Z young people have completely different needs than their predecessors, and due to inflation, many are...

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Signature 40: operational marketing professionals in the spotlight again

Once again the Signature Platform has rewarded the operational professionals behind successful campaigns and projects. The idea to reward the best brand managers of the year came from advertising professionals...

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Even the packages ordered for the house can be prepared in Hungary with the help of AI

Even today, more than 90 percent of the sorting and picking tasks in warehouses are performed manually, which is increasingly challenging for logistics companies struggling with labor shortages. Siemens’ artificial...

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Arla Foods Ingredients has been granted its first non-GMO project certification

Native milk protein MicelPure has become the first Arla Foods Ingredients product certified by the Non-GMO Project. This article is available for reading in Trade magazin 2023/10. This certification assures...

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Unsustainable beef can be replaced by ostrich and emu meat

Keeping emus and ostriches is a more environmentally friendly alternative to beef, as these birds do not produce methane gas. The breeding and consumption of these birds is currently not...

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Agrometeorology: the developing canola would need rain a lot

The developing rapeseed needs a lot of rain, but the cold front arriving on Sunday will bring only little precipitation, and morning frosts are expected again in the first half...

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Hungarian companies can count on increased job-seeking activity

Employee activity increased further in the third quarter of 2023 in Hungary. In all but three counties, the number of applications increased compared to the same period of the previous...

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We pay special attention to the poultry sector

There are currently 550 commodity-producing farms in Hungary producing eggs, which in 2022 will have produced around 2.4 billion eggs – this is how Minister of Agriculture István Nagy summarized...

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Food prices are falling at an accelerating rate in China

In September, consumer prices in China stagnated on average at the same level as a year earlier, but the fall in food prices accelerated, according to a Friday report by...

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There is a wide range of sustainable management practices

There are many farming practices that can be incorporated and applied in the production process, and that are also in line with sustainable efforts, which can be beneficial to domestic...

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Lidl Seeks To Set Standards For Sustainable Water Management

Lidl has set a series of standards for sustainable water management, saying that by February 2026, 100% of the fruit and vegetables that it sources from nine risk countries, including...

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Lidl Seeks To Set Standards For Sustainable Water Management

Lidl has set a series of standards for sustainable water management, saying that by February 2026, 100% of the fruit and vegetables that it sources from nine risk countries, including...

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Inflation hampers global alcohol spend in Q3

More than 50% of those who have cut back on their grocery shopping say they have cut out alcohol altogether in the last three months. Over half of those cutting...

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Lajta cheese received EU protection

The European Commission has registered another name for Hungarian cheese, thus increasing the number of Hungarian geographical indications under EU protection to 86, so the names of 33 food products,...

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Nomad Foods to close plant in Bosnia and Herzegovina

The factory in Čitluk will close by December with the loss of 52 jobs. Nomad Foods, the European frozen foods supplier, plans to close a plant in Bosnia and Herzegovina....

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In order to protect egg producers, it is necessary to take action against faulty EU decisions

The domestic egg sector has developed significantly in the past decade, however, the achieved results are threatened by the thoughtless actions of the European Commission. While the EU allows Ukrainian...

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EPR returns – not worth the trick

The ever-approaching deadline of October 20 has kept the Hungarian business sector in a frenzy for a long time. The first EPR declarations must be submitted by now. Many details...

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Through a glass darkly…

The past period has put a mirror in front of domestic wholesalers, who have been forced to look at what they are doing right and wrong. Experts say the key...

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Tesco has extended its anti-inflation safety net

According to the data of the Price Watcher, the cheapest chicken breast fillets have been available at Tesco since August. In order to reduce the expenses of the customers, the...

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Egg Challenge: a Spanish-Hungarian-French egg consumption promotion campaign was launched with EU funds

The Hungarian Poultry Product Council (BTT) and its Spanish and French sister organizations (INPROVO and SNIPO) won European Union support for the promotion of egg consumption between 2023 and 2025....

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