International demand for high-quality Hungarian cereal crops
At the moment the average purchasing price is HUF 42,000-43,000/ton. Secretary of state Dr István Nagy revealed that there is great demand for GMO-free, high-quality Hungarian wheat in Europe. Nestlé is an important actor in the Hungarian cereal crops market: in the last 10 years they purchased more than 900,000 tons of it. Nestlé Hungary managing director Jean Grunenwald told: Hungarian product ingredients represent very high quality and the company sends lots of Hungarian produce to Nestlé factories abroad, e.g. in the last 10 years 176,000 tons of Hungarian wheat was used in Nestlé factories outside Hungary. //
Related news
Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European…
Read more >The price of bread is constantly rising
Minister of Agriculture István Nagy announced that the price of…
Read more >Thanks to Lidl, the bakery is expanding
As a member of the Simid Group, the Bulgarian company…
Read more >Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >