News and articles
Due to the drought, we can even pay a quarter higher price for olive oil
Acesur, the leading exporter of olive oil, predicts an increase in the price of the product in the next three to four months as heat waves threaten production capacity in...
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Another extraordinary measure: it is forbidden to take firewood out of the country
Due to the energy crisis caused by the war and Brussels sanctions, the government orders an export ban on energy carriers, including firewood. The government controls the export of firewood...
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Russia and Ukraine have agreed on the protection of the Ukrainian grain exportchannel
Ships exporting Ukrainian grain through the Black Sea will be protected by a 10-nautical-mile buffer zone under a deal agreed Monday by Russia, Ukraine, Turkey and the United Nations. After...
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Is margarine bread a luxury item? And a few other things that are brutally expensive now
In July 2022, consumer prices were on average 13.7% higher than a year earlier. Such high inflation has not been seen in 24 years! But what went up in price...
Read moreThese are the rules for loan moratorium and damage payment due to drought
The regulations governing the new loan moratorium due to the drought and special payments by insurers due to drought damage have been published. A loan moratorium and interest-subsidized loans will...
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A global shortage is coming, Hungarians’ favorite side dish may disappear from the shelves
India, the world’s largest rice exporter, is struggling with serious problems, so its exports may decrease, warns Bloomberg. In India, despite praying for rain, they have not sown rice in...
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This is the message of the FAO food price index, which has started to fall
There is no sign of domestic food prices yet, but the FAO food price index has been falling for the fourth month. Zoltán Fórián, the leading agricultural expert of the...
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Aldi asks for ID from everyone purchasing alcohol
From now on, when buying alcoholic products, everyone will be asked for their identity card, even those who are visibly over the age of eighteen, hvg.hu pointed out. According to...
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Unprecedented inflation is coming to Hungary
Inflation continues to grow in Hungary, in a never seen before. Inflation data in Hungary once again caused quite an unpleasant surprise, as the CSO measured a 13.7% annual increase...
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The world wants more and better formula, dynamic growth of the goat milk powder sector is expected
Demand for milk powder made from goat’s milk stagnated for a long time, but due to the expanding formula market, serious growth is expected in the sector. Most breast milk...
Read moreJuly heatwave boosts supermarket spendings in UK
Scorching weather resulted in a boost in supermarket sales last month, a recent report has revealed. According to Barclaycard, spending grew 7.7% in July compared to the same period in...
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The invention of the Australians promises lower overhead costs and an environmentally friendly context for poultry farmers
A new hybrid geothermal and solar energy system can dramatically reduce emissions and energy costs at many Australian poultry farms, according to a recent announcement from the University of Melbourne....
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The USDA believes in a growing organic sector, new, uniform standards are coming
On Friday, the US Department of Agriculture (USDA) previewed the Organic Livestock and Poultry Standards (OLPS) proposed rule in the Federal Register. With this publication, USDA proposes requirements for organic poultry and...
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France Expects Wine Production Rebound, But Drought Threatens
Wine production in France is expected to rebound this year from frost-hit output in 2021, although deepening drought may curb volumes, the country’s farm ministry said. Wine production is expected...
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The non-alcoholic wine market in Australia is cracking
For the majority of wine lovers, alcohol-free wine doesn’t make much sense, but many want to enjoy their favorite drink in Australia without the risk of a hangover. Several wineries...
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The participants of the Upper Tisza PET Cup collected more than 15 tons of waste
The 10th Jubilee Upper Tisza PET Cup ended with the collection of a record amount of 2,880 bags of waste. In the competition for boats built from pill bottles, the...
Read moreA survival guide for those at Sziget
After a two-year hiatus, the Sziget Festival is back! Diageo, the world’s leading alcoholic beverage producer and distributor, and Sziget have put together some useful and practical tips to help...
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Brits are turning back to cash – says Post Office
According to new research by the Post Office, people are increasingly turning back to cash as they look to control their spending during the cost of living crisis and soaring inflation....
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The festival where MATE went to practice – Video of the day
An amount equivalent to a swimming pool remains in circulation from the waste generated at EFOTT, thanks to the efforts of the host Hungarian University of Agriculture and Life Sciences...
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Triple support for the Hungarian Food Bank
The joint charity program of Ben’s OriginalTM and the Hungarian Food Bank Association has come to an end. The fundraising campaign of the “Everybody has a place at the table”...
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Modern packaging of traditional food – Picture of the day
The most authentic packaging for sushi is certainly the bento box, but it would be difficult to win packaging design competitions with it. Let’s put the food in very 21st...
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Every fourth customer has used BNPL services in the last six months
More than a quarter of respondents have used BNPL services in the past six months, according to new research from Mastercard’s World Payments Advisory™ across more than 50 countries. For...
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The situation of Polish apple producers has improved due to the decrease in the Chinese harvest
The season was good, around 3.2 million tons of apples go to processors in Poland this year, but Idared is no longer the leading variety. At the Prognosfruit conference held...
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World’s top cocoa producer expecting high crop despite below-average rains
Good soil moisture content in Ivory Coast’s cocoa regions is helping pods develop well on trees, making for a strong start for the October-to-March main crop despite below-average rains in...
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Iceland develops recyclable paper packaging for frozen food
Iceland has partnered with sustainable packaging specialist Parkside to create one of the world’s first recyclable paper packaging solutions for frozen food. Designed to package the frozen food retailer‘s Northcoast seafood range, the...
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With these tricks, customers may avoid price increases
In 2022, product prices in Hungary skyrocketed. The increase in prices affected food to one of the greatest extents. In many cases, the price of vegetables, fruits and packaged food...
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Modern crisis management: we order a lot of things from China
We order a lot of things from outside the EU, mainly from China – an article by Pénzcentrum points out. When it comes to the gold medal source country, China,...
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EUROPEAN COMMISSION: farmers can get at exemption to produce more food on their lands
At the request of the member states, due to the uncertain global food supply situation, the European Commission will allow farmers in 2023 a temporary exemption from certain crop rotation...
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Craft beer is facing hard times
It is not easy for those who want to thrive in the craft beer business here today: two years ago, the outbreak of the pandemic and closures made it almost...
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We eat more and more sweets
We consume more and more sugar, and low-calorie sweeteners are also gaining more space. A survey by researchers at Deakin University in Australia between 2007 and 2019 shows a 50...
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