Soy Boom: a growing demand for the domestic GMO-free protein crop
The soy crop season begins at the end of April. Soy has sown to a 50 percent larger area, ie 77 thousand hectares last year in Hungary.
One of the key advantage of the domestic soybean is that while the world's leading producers – for example the USA and Brazil – mostly grow GM soy, and there is increasing demand towards GMO-free soy.
Soybeans are protein crops now globally unavoidable: the vast majority of soybeans are used for feeding purposes, and only a very small proportion go to human consumption.
Related news
Crop insurance remains the most popular agricultural insurance
In Hungary, farmers paid over HUF 24.9 billion in crop…
Read more >The international Generali also awarded a Hungarian SME: the company that developed the composting robot is a pioneer in urban circular farming
The sustainable transition of European SMEs could be more effectively…
Read more >Dutch Retailer Jumbo Launches Plant-Based Yoghurt From Local Soy
Dutch retailer Jumbo has launched three plant‐based yoghurt SKUs made…
Read more >Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >