Market News
The processing sales price of UHT milk increased the most in September
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 173.21/kilogram in September 2024. In addition to a 0.1 percentage point improvement in...
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Bird flu also appeared in Bács-Kiskun county, so the epidemic already affects six counties
In the past few days, the disease was identified in two poultry farms in Bács-Kiskun counties, which are epidemiologically independent from each other, in one flock of laying hens and...
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Agricultural relations between Hungary and Laos continue to strengthen
Hungary continues to strengthen its partnership with Laos in the fields of agriculture and education – said Sándor Farkas, Deputy Minister of the Ministry of Agriculture, who received Dr. Linkham...
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Marketplaces generate 69% of European cross-border sales
In the financial year 2023/2024, the whole European online cross-border market achieved sales of 326 billion euros. A large majority, 69 percent, or 225 billion euros came from online marketplaces....
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Lidl triples plant-based range to meet surging demand
Lidl GB is expanding its plant-based offerings, more than tripling its range. The move comes in response to a 12% increase in demand over the past year. The retailer’s new...
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István Nagy urged the protection of farmers in Luxembourg
Agriculture Minister István Nagy urged the protection of farmers and the creation of predictable market conditions on Monday in Luxembourg, prior to the meeting of the agriculture ministers of the...
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Generation Z starts investing and saving already in their teens
Generation Z begins to invest earlier and to a greater extent than any other generation: they start as early as 19 years old and, compared to previous generations, they also...
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A priority goal is the success and support of the domestic wine industry
The Hungarian wine industry is still one of the most important pillars of the domestic agriculture, which the government helps with targeted subsidies to strengthen its competitiveness and international recognition...
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In the euro area, the rate of increase in consumer prices slowed down in September
In September, the annual inflation rate in the euro zone slowed down more than previously estimated, according to the final data of Eurostat, the statistical office of the European Union,...
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Record-high cocoa prices affect this year’s Halloween chocolate production
This Halloween season, both chocolate stocks and prices are affected by record high cocoa prices, especially in the United States. CNN reports that the price of cocoa per ton has...
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A path to the green future of the food industry? He organized a workshop for FOUR government actors
The purpose of the “From Drought to Flood” event organized by NÉGYOSZ was to present and discuss the sustainability challenges of climate change and the food industry. The event was...
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The attention of the European competition law community is focused on Budapest
The Economic Competition Office (GVH) will organize the 50th European Competition Day in Budapest on October 22, as an official program of the Hungarian EU Presidency. At the international conference,...
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In Austria, food inflation slowed down in September
In accordance with the preliminary estimate, the annual growth of consumer prices in Austria fell to 1.8 percent, the lowest since February 2021, in September after the previous month’s 2.3...
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Sobriety speaking
The segment of low-alcohol and no-alcohol (no-low) beverages is still small and limited, but it is growing quite fast. No-low drinks are more and more popular and in Hungary this...
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Slowing inflation, but still expensive food in Slovakia
In Slovakia, inflation moderated to 2.6 percent by September, but food prices remained high, and the population had to face significant expenses when buying food. According to the data of...
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Nébih: labeling problems were found with energy drinks
Energy drinks were examined by the National Food Chain Safety Office (Nébih), no safety problems arose, in one case a food quality defect was found, and in 28 products there...
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There is huge interest in renewing the food industry
Tenders for the complex development of food industry plants were closed with overwhelming interest. More than 708 billion forints worth of requests were received for the call announced by the...
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Pepco also joins Better Cotton
Pepco has taken another step towards sustainability by joining the Better Cotton initiative in 2022. This article is available for reading in Trade magazin 2024/10 This global programme seeks to...
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Nébih: mustard powder was recalled by Culinaris Wholesale Kft.
The Green Cuisine mustard powder is contaminated with peanuts, so the distributor Culinaris Wholesale Kft. is recalling the product, the National Food Chain Safety Office (Nébih) told MTI on Thursday....
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Hy-Vee protects the environment with new projects
Hy-Ve has completed the first phase of its solar project in Chariton, Iowa: the Hy-Vee Chariton Solar Field is the first step in a partnership between the retailer and Alliant...
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Meal boxes earn Crisp first profit
Online supermarket Crisp has been profitable in the Netherlands since June, thanks to cost-cutting measures and its successful meal boxes. Next year, the company hopes to also become profitable in...
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Co-op fights £40m shoplifting losses with AI-powered security
Co-op is now using artificial intelligence to detect offenders carrying concealed weapons or stolen goods after it revealed leakage costs from theft and fraud rose by 19% to £39.5m in...
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Nestle unveils new global cuisine brands
Nestle SA has launched two new global cuisine brands: Mings and Tapatío. Mings was created by celebrity chef Ming Tsai to bring several decades of culinary experience and fusion of...
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In 2023, spring frosts caused the most damage
Thanks to the adequate amount of precipitation and the high average temperature, the weather in 2023 was generally favorable for agricultural producers, so there were fewer damage incidents not only...
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KPMG CEO Outlook 2024: the secret of success lies in creating general crisis resistance
72 percent of CEOs of large global companies continue to trust economic growth, although the proportion of optimists has steadily decreased in the 10-year history of the survey, from a...
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Boost from the box: Szupermenta tested energy drinks
Energy drinks were also broken down into their components by the Szupermenta program. During the product test, in the laboratories of the National Food Chain Safety Office (Nébih), the caffeine,...
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ESG is still a source of confusion
According to EY’s latest international research – conducted in 53 countries, including Hungary – 51% of Hungarian respondents aren’t familiar with ESG legislation, which is a worse result than the...
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Stormy times, golden harvests
This article is available for reading in Trade magazin 2024/10 Bojana Nenadovic, marketing director of Coca-Cola HBC Magyarország says that in 2023 the total fruit juice market showed a downward...
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Waitrose launches private label free-range creams
Waitrose & Partners has introduced new free-range cream products to its private label range, further demonstrating its commitment to higher animal welfare standards. The new cream selection will appear under...
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