Market News
There is a problem with corn
As we enter the middle of the summer harvest season, the picture of the 2025 arable crop results is becoming clearer. The barley harvest is practically complete, and about a...
Read more
African swine fever outbreak in Croatia continues to pose a risk
According to the information provided by the Croatian Ministry of Agriculture, Forestry and Fisheries, African swine fever (ASF) has re-emerged on 3 farms in eastern Croatia, near the settlements of...
Read more
The number of alternative protein patents is skyrocketing
Innovations related to alternative proteins are developing at a breakneck speed: the latest study by GFI Europe reveals that in 2023 1,191 patents were filed in the fields of plant-based...
Read more
Revolut: crypto services suspended in Hungary
Revolut is temporarily suspending its crypto services in Hungary, we have been informed by several users. According to the company, due to recent Hungarian legislative changes, they are currently unable...
Read more
Ministry of Agriculture: at the forefront of the domestic food industry for more than half a century
The future of the food industry is shaped by those young professionals who respect traditions and bravely use the opportunities offered by new technologies – said András Tállai, Parliamentary State...
Read more
Irrigation water resources equivalent to one-third of Lake Balaton are available
Despite the extreme drought and lack of precipitation, we can meet all irrigation needs – said Imre Hubai, the State Secretary responsible for agriculture at the Ministry of Agriculture. He...
Read more
Serious disease appears, national chief veterinarian orders increased control of cattle and buffalo imports
In recent weeks, the presence of the lumpy skin disease virus has been confirmed on the island of Sardinia, then in Lombardy in northern Italy, and in France. The disease...
Read more
Debrecen radishes and wheat are already growing on the International Space Station
Radish and wheat treated with the method of researchers from the University of Debrecen (DE) have started to grow on the International Space Station, the plants are already 2-3 centimeters...
Read more
China imposes anti-dumping measures on wine spirits imported from the EU
China’s Ministry of Commerce announced anti-dumping measures on wine spirits from the European Union on Friday, amid an ongoing trade dispute with the European Commission. The ministry said in a...
Read more
We must learn to manage our own water resources responsibly
As with football, it is also true for water management that we are a country of ten million experts, but before we pass judgment on the subject or give advice...
Read more
V4: Imports from Ukraine would cause serious damage
The agricultural chambers of the Visegrád Group (V4) met in Mělník, Czech Republic. In their joint statement, the agricultural interest groups of the four countries call on the European Commission...
Read more
Glass bottles found to contain microplastics
Drinks sold in glass bottles have been found to contain more microplastics than those sold in plastic bottles, according to a new study. The research, released by France’s food safety...
Read more
Viktor Orbán: a thousand people and more than two hundred machines mobilized to reduce drought damage
Five billion forints had to be mobilized to reduce the damage caused by the drought, about a thousand people had to be assigned, while more than 200 machines are also...
Read more
We have already announced tenders worth 1,500 billion forints for the development of agriculture
Within the framework of the Common Agricultural Policy Strategic Plan, the Ministry of Agriculture has already published 46 calls for tenders, with a total of 1,502 billion forints – announced...
Read more
The success of Hungarian-developed products with reduced deuterium content in China
HYD Cancer Research and Drug Development Ltd.’s Preventa deuterium-reduced drinking water product line was successfully introduced at China’s most important health and nutrition forum, the Healthplex Expo 2025, Natural &...
Read more
PepsiCo teams up with NotCo on NPD
The limited-edition launches include NotMayo Doritos, a plant-based mayonnaise with the Doritos Cheese flavour. PepsiCo has joined forces with Chile’s NotCo to launch products in the South American market. The companies...
Read more
Aldi Ireland Announces €5m Investment In Green Energy Solutions
Aldi Ireland has announced a €5 million investment in green, energy-efficient solutions, marking a major step in the retailer’s ongoing sustainability journey. Through a new two-year partnership with Greenvolt Next...
Read more
Debrecen radishes and wheat are already growing on the International Space Station
Radihes and wheat treated with the method of researchers from the University of Debrecen (DE) have started growing on the International Space Station, the plants are already 2-3 centimeters tall....
Read more
More than a thousand businesses received the “Every business should have its own website” voucher
Another success in the Demján Sándor Program: the thousandth enterprise has received the “Every enterprise should have its own website” voucher – the Ministry of National Economy (NGM) announced to...
Read more
Imre Hubai: Sufficient Quantity and Good Quality of Grain Harvested in Hungary
This year’s harvest has yielded a satisfactory quantity and quality of grain in Hungary – announced Imre Hubai, State Secretary for Agriculture at the Ministry of Agriculture, during a press...
Read more
WHO: They urge a 50 percent price increase for tobacco, alcohol and sugary drinks
The World Health Organization (WHO) is calling for the prices of tobacco products, alcoholic beverages and sugary soft drinks to be increased by at least 50 percent over the next...
Read more
Eurozone economic growth accelerated in June
The eurozone’s economic performance accelerated in June, according to the final purchasing managers’ index (BMI) released by S&P Global Market Intelligence and Hamburg Commercial Bank AG. The eurozone’s composite BMI,...
Read more
This is how drug prices are changing: the government introduced price restrictions
The Ministry of National Economy’s price restrictions on medicines came into effect on July 1, affecting 34 over-the-counter and 10 prescription, non-subsidized products. The regulation aims to curb unjustified price...
Read more
MOHU has 33 billion forints left after the unreturned bottles – but they can’t profit from it
In the first half of 2024, MOHU generated nearly 33 billion forints in revenue from the beverage bottle return system (DRS), but we cannot speak of a profit. According to...
Read more
Near-record global coffee harvest expected in 2025/2026 season
The world coffee market is approaching a new peak: according to the latest forecast from the US Department of Agriculture (USDA), the global coffee harvest could reach 178.68 million bags...
Read more
Revolut in the crosshairs, but Hungarian fintechs are the collateral damage – another blow to domestic innovation
The amendment to the rules on financial transaction fees has unexpected consequences: while the target is clearly Revolut, the introduced rule change has serious side effects for the entire domestic...
Read more
At the forefront of the domestic food industry for more than half a century
The future of the food industry is shaped by young professionals who respect traditions and boldly embrace the opportunities offered by new technologies, said András Tállai, Parliamentary State Secretary of...
Read more
Record year in the Széchenyi Card Program – KAVOSZ brought stability and momentum to the SME sector
The KAVOSZ group continues to be a key player in the financing of domestic micro, small and medium-sized enterprises (SMEs): the company achieved its strongest results in its history in...
Read more
Agricultural loans decreased by 6 percent
Agricultural loans decreased by 6.0 percent to HUF 1,001.2 billion compared to the same period of the previous year. Within this, the share of preferential loans was 62.6 percent, and...
Read more
Agriculture’s income-generating capacity may depend on irrigation
Europe is facing an increasingly significant water shortage, so agriculture’s income-generating capacity may depend on irrigation and water storage – said the State Secretary for Agriculture of the Ministry of...
Read more