ENGLISH NEWS
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Project to produce GE pig with better phosphorous digestion loses funding Ontario pork has decided to cease funding for the Enviropig research project at the University of Guelph, to produce a genetically engineered pig that is better able to digest the phosphorous and thus reducing it in manure.
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Indian dairy co-ops to double cattle feed production Dairy cooperatives in the state of Gujarat in western Indian plan to double their cattle feed production over the next two years.
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Ukraine to invest in fishmeal production Ukraine plans to, in the coming years, actively increase production of fish meal – according to the chairman of the National Agency for Fisheries of Ukraine Viktor Dronik.
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Excentials introduces Nutrimel as exclusive distributor for Chile Excentials BV, a European based specialty feed additives supplier belonging to Orffa International Holding BV, has announced its collaboration with Comercial Nutrimel Limitada (Santiago de Chile) to develop sales, marketing and technical support of its Excentials’ product range in Chile.
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AllerPetfood gets Russian FSSC 22000 certification Aller Petfood, a Danish petfood company, has become one of 15 companies in Russia to have the FSSC 22000 certification.
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Russia considering meat and bone meal import ban Russia is considering a complete ban on all imports of meat and bone meal, which is used in the manufacture of animal feed, poultry and fish - say representatives of Rosselkhoznadzor. Which is to be implemented by mid 2012.
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Amino acids increase milk yield in dairy cows Providing sufficient amino acids in dairy cow diets should be the focus rather than crude protein content, this is according to Ken March, ruminant advisor with Countrywide.
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Brazil’s animal feed costs expected to rise Brazil’s animal feed production costs are expected to increase this year by 3-3.5pc, according to Ariovaldo Zani, executive VP of Brazil's National Animal Feed Industry Association, Sindiraçoes.
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Pomegranate extract and dairy cow performance Israeli researchers investigated the effects of adding a concentrated pomegranate extract to the ration of lactating cows on performance and udder health parameters.
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Russia: substantial soybean exports could lead to animal feed price hike The Russian government has recently lowered the export customs duty on soybeans from 20pc to 5pc. Experts believe the move could lead to a sharp increase in soybean exports, which will in turn create a deficit in the domestic market, thus increasing the price of compound feed.
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DSM launches Fertility Improvement Profit Calculator app DSM has launched its Fertility Improvement Profit Calculator for dairy farmers as a free smartphone app. This tool enables dairy farmers to calculate in two easy steps the financial returns that may be generated by improving dairy herd reproductive performance.
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High cost of feed killing Indian poultry industry The poultry industry in the Indian state Andhra Pradesh is facing a severe crisis due to abnormally high prices of maize and soybeans which are used for poultry feed.
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CHS and Zen-Noh form grain marketing joint venture CHS Inc., the largest farmer cooperative in the US, is forming a joint venture with Japanese cooperative Zen-Noh to supply wheat and barley to Japan.
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Slowdown in oil crop expansion The global oil crops industry expanded by nearly 13pc in 2011 and by 2016 the industry is expected to rise by over 40pc overall, which indicates a slowdown in the overall growth rate of the industry, according to a new report of Company&Markets.
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France - leading European feed producer In 2011, France’s compound feed production totalled 20.3 million tonnes, which is marginally lower than in 2010. This volume was manufactured by around 300 production facilities.
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France aims for leadership in algae technology France recently launched GreenStars, a federation bringing together all the players in the development of micro-algae in the country. A budget of €160 million for 10 years has been estimated, of which 20% comes from public grants.
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Lower New Zealand milk prices Fonterra dairy farmers should be wary of a potentially lower milk price forecast for the new season if prices on the GlobalDairyTrade online market continue to fall, Federated Farmers says. Milk prices dropped 9.9 per cent on the online auction last week, with an average price of USD 2983 a tonne.
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Unapproved antibiotics ending up in animal feed through DDGS According to a new investigation has found that unapproved antibiotics are being routinely used in ethanol production and ending up in animal feed.
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Animal feed wheat prices surpass bread wheat In parts of northern Europe the price of animal feed wheat has risen higher than the price of bread-quality wheat, traders reported recently.
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BASF to build new formic acid plant in the USA BASF is to build a world scale production plant for formic acid at its integrated “Verbund” site in Geismar, Louisiana. Making it the only formic acid production plant in North America.
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Vietnam animal feed imports fall to US$618m Vietnam has spent in the first four months of this year US$618 million on animal feed imports. This represents a 19.3pc reduction in spending compared to last year, the Ministry of Agriculture and Rural Development reports.
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Skretting to extend rapid NIR analysis to shrimp feed Skretting researchers have extended the capabilities of rapid NIR analysis used in fish feed production to cover the raw materials and finished feeds for shrimp.
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Record Indian wheat harvest India is expected to produce a record 90.83 million tonnes of wheat in 2012, agriculture minister Sharad Pawar said on Monday, releasing the ministry's latest output estimates.
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Hassad Foods and 250,000 ha of Australian farmland Hassad Australia, a subsidiary of Hassad Foods, a company owned by the Qatar government, has recently purchased 40,000 hectares in western Victoria, The Land reported.
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Bird flu hits Bangladeshi feed producers Animal feed producers in Bangladesh have experienced a fall in sales in the wake of reduced demand in poultry feed after bird flu took a toll on production in recent months.
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UK’s largest aquaculture event fast approaching AquacultureUK is Britain’s largest aquaculture conference and exhibition. Event organisers say that the final preparations are well in hand – with a record 106 exhibitors and a the largest number of advanced registered visitors in its history.
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Diamond V awards scholarships to Future Farmers of America graduates Two scholarships have been awarded to graduating Iowa high school members of the Future Farmers of America (FFA) by Diamond V, supplier of fermentation-based feed additives used to optimize digestive function and nutrition key to animal and aqua health.
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Gevo & Land O’Lakes Purina Feed sign accord to pursue advanced animal feed Gevo and Land O’Lakes Purina Feed have signed a Joint Development Agreement that follows an off-take and marketing agreement entered into in January 2012. The agreement contemplates the companies' research and development efforts to upgrade isobutanol distiller grains (iDGs(TM)) for special value-added applications in animal feed markets.
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Indonesia: Mad cow case will trigger poultry feed prices Because of the discovery of a mad cow on 24 April 2012 in California, USA, the Indonesian government recently issued a policy of termination of the import of meat, offal and meat bone meal (MBM) from the United States.
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Balchem expands production capacities to meet growing demand Balchem Corporation, global specialist in choline chloride and encapsulated nutrient protection technology, announced plans for a new manufacturing facility in Covington, Virginia. The planned expansion will more than double output capacity for the Animal Nutrition and Health ruminant sector focusing on its new and improved encapsulation technology.
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Premier Nutrition teams up with South Korean DongA One UK based animal nutrition business, Premier Nutrition, has signed an agreement with DongA One Corporation of South Korea, to provide technical support and animal feed supplements from its manufacturing base in Rugeley, Staffordshire.
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Liver protection for cows at the start of lactation Tirsana 1312 has been developed to ensure effective support for the cow’s energy metabolism at the start of lactation.
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CPF expands pig farming in Philippines The Philippine Board of Investments (BOI) recently approved the application of Thai-owned Charoen Pokphand Foods Philippines Corp. (CPFPC) to raise hog parent stocks and slaughter hogs in the country.
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Pigs and feed stolen from Scottish farm Police are investigating after dozens of pigs and tonnes of feed were stolen from a Highland farm in Scotland owned by one of the world’s biggest meat production companies.
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FAO forecasts dire wheat shortage in the Customs Union and Ukraine Wheat production in Ukraine in 2012 will reduce by 37pc and in Kazakhstan by 36pc, is the most recent forecast made by experts of the Food and Agricultural Organization (FAO).
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AB Vista supports pig physiology symposium AB Vista, global supplier of new generation micro-ingredients for the animal feed industry, is lending its name and support to the 12th International Symposium of Digestive Physiology of Pigs (DPP) – one of the world’s biggest conferences on pig nutrition.
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160 jobs redundant at ForFarmers With the takeover of Hendrix from Nutreco, Netherlands based feed company ForFarmers has presented a plan to merge all business activities, resulting in 160 job redundancies.
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National Foods reopens stockfeed plant Prices of stockfeeds are expected to decline in Bulawayo, Zimbabwe following the reopening of the National Foods plant in the city.
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Strike at Cargill Netherlands continues – with donkeys Employees of the Dutch division of Cargill took a family of donkeys to the office in Amsterdam to emphasise the stubborn behaviour of the Cargill management concerning closure of the protein plant.
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New tax laws could end Kyrgyzstan's fish feed industry Kyrgyzstan’s Department of Fisheries under the Ministry of Agriculture and Land Reclamation has initiated changes to the tax code in order to establish the zero rate of VAT for feed fish imports. Experts believe this move is the beinging of the end of the country’s fish feed industry.
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AFIA reacts to BSE case in California The US Department of Agriculture yesterday confirmed the nation’s fourth case of bovine spongiform encephalopathy (BSE) in an adult dairy cow from central California. The dairy cow, which was tested and quarantined at a rendering plant, is presumed to be five years of age.
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Anitox appoints distributor in Pakistan Anitox, feed safety specialist, has appointed a distributor in Pakistan. Karachi-based U.M. Enterprises, a leading provider of feed additives, feed milling machinery and animal health products in Pakistan, will distribute and support the Anitox product range in the country.
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Bioreactor redesign dramatically improves algae yield Current microalgae breeding methods perform far below the fundamental bounds allowed by the laws of nature. Scientists at Ben-Gurion University of the Negrev in Israel have identified strategies to improve algal yield.
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USDA confirms case of BSE The US Department of Agriculture have confirmed a case of Bovine Spongiform Encephalopathy (BSE), otherwise know as mad cow disease found in a dairy cow in central California. The first case in six years.
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Dairy Campus and ForFarmers start research on pH-bolus Recently, Dairy Campus (part of Wageningen UR Livestock Research) and compound feed manufacturer ForFarmers launched an investigation into the relationship between the structure of the ration, the behaviour of cows and the pH in the rumen.
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World Bank support for East African aquaculture The World Bank has released Sh100 million (€915,000) to enhance productivity and competitiveness of fish farming in three East Africa countries.
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Delacon & Greenvalley signs distribution agreement for Northern Germany Delacon has appointed Greenvalley International bv as its distribution partner for northern Germany as of April 1, 2012.
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Fire destroys animal feed storage in Kehl, Germany A fire at a warehouse in the port of Kehl has caused millions of euros in damages. The flames destroyed and damaged the hall in which animal feed was stored.
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Selective breeding in aquaculture Researchers from Akvafors and Nofima in Norway reviewed the importance of selective breeding in aquaculture to meet future demands for animal protein.
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Chemaphor anticipates on growing antibiotics resistance Chemaphor is pursuing a partnering initiative to commercialize non-antibiotic feed additive alternatives to improve productivity and safety in food-producing animals.
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Vietnam imported two thirds of it's raw material in 2011 Vietnam spent a total of $3.7 billion to import 8.9 million tonnes of materials for animal feed production in 2011, accounting for 62pc of the total materials used in the country’s animal feed production sector.
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Australian consumers mislead by anti-GM campaigns Misguided and misinformed media campaigns against GM crops only act to unnecessarily mislead consumers and work against the interests of Australian agriculture.
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Undercover taping of livestock farms banned by Missouri House The Missouri House of Representatives gave initial approval to a measure that cracks down on anyone trying to secretly film a livestock facility in the state.
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Red Mills the first to export horse feed to China Irish animal feed company Red Mills has become the first in the world to secure a licence to export horse feed to mainland China.
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Members approve BOCM Pauls takeover by ForFarmers The general meeting of shareholders (AGM) of ForFarmers Group BV ("ForFarmers") at its meeting on 18 April 2012 approved the acquisition of UK livestock feed company BOCM Pauls.
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Road transport organisation launches online product database The International Committee for Road Transport or ICRT, compounded by the organizations Ovocom (Belgium), GMP+ International (The Netherlands), Qualimat (France) and QS (Germany) have published an safe animal feed product database for transport by its members.
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China favours animal feed above ethanol China, the second-biggest corn consumer, lowered subsidies for producers of grain-based ethanol by more than half in the latest move to curb industrial use and ensure livestock-feed supply, reports Bloomberg.
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NGFA supports CFTC action on swap-dealer regulation The National Grain and Feed Association (NGFA) said it cautiously supports action taken by the Commodity Futures Trading Commission (CFTC) on the 18 of April, to approve rules intended to exclude commercial end-users from swap-dealer regulation.
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Kazakhstan: lack of feed hampering livestock development According to a study by analytical agency Kazakh-Zerno, the average volume of feed in Kazakhstan is 2500-2700 kg of fodder units per head, while in EU countries it is about 3800-4000 kg, and in Canada and the US 4500 kg.
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Elsevier launches new journal Algal Research Algal Research invites the international algal scientific community to publish papers in the areas of microalgae, macroalgae and cyanobacteria research, and their applications.
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Mycotoxins kill 7,000 chickens in Russia One of the largest poultry producers in Russia, ‘Amur broiler’ has reported a staggering number of chicken deaths.
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Multibreeder and Japfa merge PT Japfa Comfeed Indonesia (Japfa), one of the largest integrated poultry companies in Indonesia, will merge its business with PT Multibreeder Adirama Indonesia (Multibreeder), a chicken breeding company, and two of Multibreeder subsidiaries, PT Multiphala Adiputra (Multiphala) and PT Hidon.
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Criminal charges for using banned beta-agonists Animal feed industry representatives and health officials have called for slapping criminal charges against those who use lean-meat additives in feed.
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Symposium focuses on issues facing dairy industry A perfect storm is on the horizon: a global population tipped to grow to 9 billion people, increased demand for dairy produce, a public that is concerned about emissions and sustainability and an ever increasing battery of legislation. How will the industry adapt? What does the future hold?
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Namibia's state-of-the-art feed mill on track Feedmaster’s new state-of-the-art feed mill for poultry and pig feeds in Namibia on track for October. It should increase the company’s annual production capacity.
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EU postpones organic poultry feed rules The European Union have postponed the introduction of a 100pc organic diet for monogastric animals for two years.
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FDA wants drug companies to help limit antibiotic use in livestock The US’s Food and Drug Administration (FDA) have made recommendations that calls on the drug commpanies to help limit the antibiotics given to farm livestock.
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500 percent rise in China’s grain imports China has reported a 500pc increase in grain imports from last year, hitting a record high in March, customs data from Beijing revealed.
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Over 4pc of Vietnamese pork contains banned lean-meat additives A random nation-wide sample of pork in Vietnam detected that 4.4pc of the nation's pork contained forbidden lean-meat additives which could lead to cardiovascular complications in humans, the Ministry of Agriculture and Rural Development's Animal Husbandry Department revealed.
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Foreign investments takeover Vietnam feed industry Vietnam currently has 59 foreign-invested firms and joint ventures which hold 70pc of the domestic animal (compound) feed market share while 180 local firms retain the remaining 30pc.
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Bunge acquires assets of MCN Bioproducts Bunge has acquired substantially all the technology assets, including the patent portfolio, of canola product pioneer MCN BioProducts Inc.
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Thailand looks to Laos to solve animal feed need Thailand is experiencing a shortage of maize, the main raw material in feedmeal. The increased need of animal feed due to this year’s strong livestock market plus the high world market price for maize which is driving Thai traders to export, is contributing to the shortage.
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Use estimates of in-feed antimicrobials in swine production in the US Mike Apley, a clinical pharmacologist and professor of clinical sciences at Kansas State University, has investigated these uses for swine as part of a team authoring the paper “Use Estimates of In-Feed Antimicrobials in Swine Production in the United States.” The paper was recently published in the journal Foodborne Pathogens and Disease.
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Cargill introduces two new Nutrena horse feeds Cargill has introduced two new veterinarian-recommended Nutrena SafeChoice horse feed products formulated to help improve horse nutrition.
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Pennfield focuses on dairy and sells poultry mill to Wenger Feeds Wenger's Feed Mill Inc. is to purchase the poultry feed mill of Pennfield Corp. in West Hempfield Township in Philadelphia state, USA.
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Banned antibiotics still used in US poultry In a joint study, researchers at the Johns Hopkins University Bloomberg School of Public Health and Arizona State University found evidence suggesting that fluoroquinolones, a class of antibiotics previously banned by the US government for poultry production, is still in use.
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Feed Safety Guide now in 23 European Community languages The European Feed Ingredient Safety Certification Association (EFISC) has translated the European Guide to good practice for the industrial manufacture of safe feed materials in the EU languages.
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Successful INVE Aquaculture seminar at Bodrum INVE Aquaculture organized on March 27th 2012, a successful seminar in Bodrum, Turkey. A total of 52 participants from bass and bream hatcheries across Turkey attended and were updated with the latest news and trends of the European fish aquaculture industry.
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Solazyme joint venture brings algae plant to Brazil Algae producer Solazyme is taking another step toward large-scale production of fuels and chemicals from algae with a joint venture with global agribusiness firm Bunge to build and operate a commercial-scale oils production plant in Brazil. In 2010, Bunge took an equity stake in Solazyme.
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No animal protein in European feed for the time being The European Commission has stalled plans to re-introduce processed animal protein (PAP) in animal feed. Failure to prove cannibalism rule underlies this decision.
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Hormel Foods to build another feed mill Bent County Development Foundation announced that Hormel Foods subsidiary Mountain Prairie LLC, south of Las Animas, Colorado, USA, has obtained a building permit from the county to construct a feed mill for its sow operations.
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UK family feed businesses merge Feed specialists Massey Bros (Feeds) and Harpers Home Mix in the United Kingdom have merged to create a business manufacturing and distributing over 250,000 tonnes of animal feed per year.
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Brazil changes mineral inclusion levels in pig and poultry feeds Brazil has changed regulations dictating minimum and maximum levels of mineral inclusion for poultry and swine nutrition, which is to the benefit of organic minerals.
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Russia rapidly increasing use of antibiotics in feed production According to the Russian Federal Statistic Service (Rosstat), the production of feed antibiotics in 2011 was 47,400 kg - this is 3.41 times higher than in 2010.
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Eurofins acquires LabCo Eurofins Food Testing Rotterdam, part of the worldwide network of Eurofins, has acquired all activities of LabCo Laboratory Services (LabCo). This laboratory for physicochemical and microbiological analysis located in Rotterdam will now operate under the name Eurofins | LabCo.
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Dioxin in eggs in Germany, no danger to public German authorities said on Wednesday the highly poisonous chemical dioxin had been discovered above permitted levels in eggs from a German farm but they see no danger to the public.
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Van Aarsen completes largest order ever in its history In Kalmar, in the south of Sweden, Van Aarsen International shall supply, build and towards the end of 2013 start up a 90 tonnes per hour feed mill, the largest project in its 63-year existence.
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Portuguese-Italian cooperation in medicated premix Portuguese veterinary laboratory Vetlima and the animal nutrition and health factory of Doxal Italia have signed a Know-How Transfer Agreement, by which Vetlima is entitled to use the Bi-Modal Protection (BMP) technology, for the local manufacturing of an innovative form of Doxal’s medicated premix Oxitetravet BMP (based on Oxytetracycline).
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Kyrgyzstan: 20,000 livestock animals die due to feed shortages Due to a lack of feed in high mountain pastures in remote regions of Kyrgyzstan 19,549 livestock animals have died, amounting to about 1.5-2pc of the country’s total livestock population.
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Chile’s farmers ask additional import duties on Argentine corn SNA, Chile’s farm bureau, asks that the corn and chicken imported from Argentina be additionally taxed.
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Packing system enhancement for Wynnstay Feed Chronos BTH recently secured an order to enhance a Richard Simon supplied automatic feed packing system to enhance the speed of the existing packing system at the Llansantffraid Mill of Wynnstay Feed Division in Powys, Wales, UK.
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Mycotoxin contamination of feed supply chain – serious problem In a special issue entitled ‘Nutrition and Pathology of Non-Ruminants’, of the Journal of Animal Feed Science & Technology Wayne Briden (University of Queensland, Australia) discusses the subject: Mycotoxin contamination of the feed supply chain: Implications for animal productivity and feed security.
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VION Ingredients to acquire BAIC Protein in Australia With the acquisition of BAIC Protein in Maryborough, Queensland, VION Ingredients has commenced the production of blood plasma and haemoglobin in Australia.
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Neogen develops simple, precise test for Zearalenone US company Neogen Corporation has developed a simple test to detect precise amounts of the mycotoxin zearalenone in grain samples. Zearalenone-contaminated animal feed or grain can cause a wide variety of reproductive problems if eaten by livestock.
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Should you worry about mycotoxins in DDGS? When mycotoxin-contaminated corn is used to make ethanol, mycotoxins will be found in the dried distillers grains with solubles (DDGS), not the ethanol.
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Building Taiwan’s ag-industry with new standards Taiwan's Council of Agriculture is under pressure from feed millers and poultry producers to establish national mycotoxin standards for grains and feedstuffs.
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Betagro to invest in neighbouring countries Thailand based Betagro Group has planned a series of investments in feed and livestock production in neighbouring countries to cash in on an economic boom expected after the establishment of the Asean Economic Community in 2015.
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Anpario acquires Meriden Animal Health Anpario, the agriculture additives business, formerly known as Kiotech International, has acquired Meriden Animal Health, suppliers of natural animal feed additives, for €4.94 million.
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Demand for animal feed protein in Russia decreasing According to the "Analysis of feed protein market in Russia," prepared by analytical agency BusinesStat, for the period from 2007 to 2011, demand for animal feed protein in Russia decreased by 2pc from 184,000 tons to 180,000 tons.
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ADM Alliance Nutrition to build feed premix plant Archer Daniels Midland subsidiary ADM Alliance Nutrition said it will build a feed premix plant in Effingham, Illinois (USA). The facility will include enhanced controls and processes to meet the highest standards in safety and quality for pet food premixes and specialty blends.
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DDGS possibly connected to farm explosions Swine farms in midwestern USA have stumbled on a phenomenon that so far has been difficult to explain – foam rises from hog manure. The foam caused the explosion of six pig farms since 2009.
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Novus achieves record year of HMTBa production “2011 was a record year for global Novus production of HMTBa due to the growing demand. We have experienced growth in all of the animal segments globally, expanding beyond the initial poultry markets, which is a testament to the versatility of this molecule,” commented Dan Meagher, Global Animal Nutrition Solutions President at Novus.
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Marine Harvest to move away from Nutreco Marine Harvest announced plans to establish a new fish feed facility for producing salmon feeds for its aquaculture business. Currently it is purchasing two-thirds of its feeds from Skretting, a Nutreco subsidiary.
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FDA ordered to act on antibiotic use on livestock farms A judge has ordered the US Food and Drug Administration (FDA) to take action on its own rule that would stop pig, poultry and other livestock producers from mixing antibiotics into animal feed.
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French farmers sue two companies in phosphate cartel The farmers union of Brittany in France (FRSEA) has decided to initiate a lawsuit against two companies of the group Roullier, convicted in 2010 for anticompetitive practices with phosphates for animal feed.
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Farm Animal Integrated Research 2012 orients itself towards future science needs Federation of Animal Science Societies (FASS) Sponsors National Forum on the Future Science Needs of Animal Agriculture The Farm Animal Integrated Research (FAIR) 2012 Forum was held March 4-6, 2012, in Arlington, Virginia, to establish research, education and outreach priorities for animal agriculture.
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Pet food makers fined €35 million for market agreements The European Competition Authority has sanctioned three petfood companies for restricting competition in France between 2004 and 2008 of the sale of dry dog and cat food in specialty stores (pet shops, garden centres, farmers shops, hardware stores), and among breeders and veterinarians.
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Custom made feed courses at Schothorst Feed Research Advanced, in depth but practical courses, focussed on formulating feed for dairy, swine and/or poultry are hard to find. Schothorst Feed Research in the Netherlands will therefore organise for the second time a training course with eight different modules so that each participant can design his or her own custom program depending on interest or specialisation.
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Kemira ChemSolutions increases prices of propionic acid and blends Effective from March 26, 2012, or as existing contracts permit, Kemira ChemSolutions is announcing a price increase for propionic based products including Kemira Probake and Kemira Mould Control products, both liquids and solids.
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University receives L300,000 research grants Harper Adams University College in the UK has secured around L300,000 in grants to support a series of new research projects and a scholarship scheme in the agriculture field.
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Miratorg plans to grow cattle herd into poultry numbers Miratorg Agribusiness Holding, Russia’s largest pork and animal-feed producer, plans to triple its breeding cattle to 112,000 cows by the beginning of next year in a bid to start its own beef output.
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Schaumann releases Sauenfit 1312 for sows Schaumann launches Sauenfit 1312, a new liquid Vitamin B12 supplement to increase sow vitality during the perinatal period.
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J&K to open trout fish feed mill The most northern state of India, Jammu and Kashmir, achieved a record all time high fish production of 19.800 tonnes, and has plans to open a first of its kind trout fish feed mill (TFFM) by April this year at an investment of Rs 10 crore (€1.5 million).
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Perten celebrates 5 decades of grains testing Aiming at a quick test for sprout damage at grain elevators Perten Instruments was founded in 1962 by cereal chemist Harald Perten.
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Russia bans import of protein feed of animal origin Russia as of today March 26 has implemented a complete embargo on imports of protein feeds of animal origin from all EU countries, reported Rosselkhoznadzor.
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Copper sulphate feed scandal in Taiwan ‘Next Magazine’ reported on suspicions that meat from animals given feed that contained industrial copper sulphate had already entered the Taiwanese market.
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China puts more money into grain production Chinese Premier Wen Jiabao said the government will offer farmers more subsidies for grain production if oil prices rise further.
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Nutraferma expands North Sioux City plant Animal feed supplements producer Nutraferma has completed a multimillion dollar expansion to its North Sioux City facility.
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Queue software wins Grapas award at Victam Asia Agentis Innovations and their strategic partner TAT Energy and Engineering are proud to receive recognition for their innovative feedmill software Queue-Plus as a commended product in the Grapas award during Victam Asia 2012.
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Maggots are the next protein in feed alternative A British entrepreneur in South Africa believes that maggots, the larvae of the common house fly (Musca domestica), are a viable protein-rich alternative to make animal feed.
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Golden Acres invests in ecological petfood manufacturing UK-based Golden Acres (GA), one of Europe’s largest super premium private label dry pet food manufacturers, has recently invested millions to be able to manufacture dry pet food using the most sustainable and environmentally-friendly methods.
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Glencore to acquire Canada's Viterra Swiss-based commodities firm Glencore International agreed this week to buy Canada's largest grain handling company Viterra, in a deal valued at Cdn$6.1 billion (€4.6 billion).
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Russia puts more chickpea in feed In a recent seminar on ‘Modern Biotechnology in the Russian poultry industry: the global and domestic experience’ issues were raised concerning the appropriate use of resources for feeding livestock prevalent on poultry farms.
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EU-ministers cannot agree on GM approvals Environment ministers from the EU met in Brussels to debate a Danish compromise designed to break a deadlock in approvals for genetically modified (GM) crop, but governments failed to agree to a proposition to let them individually decide whether to grow or ban GM plants.
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Ukraine government to create large corn-soybean belt Ukraine Ministry of Agricultural Policy and Food (Minagroprod) has initiated a program to create a large corn-soybean belt that will expand cultivation land by 5 million hectares for corn and by 2 -2.5 million hectares for soy. This will allow the government to almost double the production of these crops and still internal demand.
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Canada ships first batch of alfalfa to China Agriculture Minister Gerry Ritz has marked the first ever commercial shipment of Canadian alfalfa hay to enter the lucrative Chinese market since Canada gained market access for alfalfa hay in March 2011.
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Frog skin protein may help find new antibiotics Proteins secreted by frog skin could one day help in the design of new antibiotics to fight superbugs, say researchers.
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Ukraine tightens GMO policy Ukraine in recent years has been actively discouraging GMOs, with as a result that the proportion of such products has been steadily decreasing: in 2007 about 50pc of products in the Ukraine market contained a GMO, while in 2008 this number had reduced to 8pc. Now in the Ukraine only 5pc of all products contain GMOs, said Vladimir Semenovich, director of Ukrainian experimental food research center at a recent press conference.
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Tebodin opens new office in Malaysia Fast economic growth in the Pacific and increasing customer demand made Tebodin Consultant & Engineers to open a new office in Kuala Lumpur, Malaysia.
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KMZ Industries acquires Brice Baker Group KMZ Industries in the Ukraine has acquired the key assets of UK-based Brice Baker Group’s grain storage and processing business, namely the automated Bradbury production lines and all intellectual property rights for Brice Baker silos and dryers, including the renowned Law-Denis grain dryers.
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Alltech launches Mycotoxin Management Project globally Alltech developed a new global project to help control mycotoxins through a combination of mycotoxin management programmes and technologies.
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ADM and China Agricultural University research alternative cattle feed Archer Daniels Midland Company (ADM) and China Agricultural University have launched a research program to confirm that a portion of the corn in cattle rations may be effectively replaced with a mix of corn processing co-products and corn stover -- the stalks, cobs and leaves left on farmers' fields after the harvest.
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Mexican agriculture suffers from drought How drought will affect Mexico’s demand for feed grains is hard to assess, but the impact is likely to be felt for two to three years, according to Julio Hernandez, who directs market development programs in Mexico for the US Grains Council.
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Subsidy mechanism for feed products awaited in Oman Dhofar Cattle Feed (DCF) says it is awaiting details of a formula to be applied by feed manufacturers for calculating the subsidy on feed products.
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Schothorst Feed Research starts dairy research on satellite farms Schothorst Feed Research in the Netherlands has established an experimental design to answer the growing demand from suppliers of feed additives to determine the effects of their products on health and fertility. Three large scale practical dairy farms, each with more than 200 dairy cows, have been equipped with a special feeding system to feed different concentrates the animals.
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Jean-Luc Lowinski joins Sanofi as senior VP Asia Sanofi has appointed Bayer's former global head of animal health Jean-Luc Lowinski to lead its operations in the increasingly important Asian market.
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Aquafeed research shows promise of soy-based feeds The US Soybean Export Council (USSEC) has announced feed trial research results that attain a major goal for sustainable marine fish aquaculture: producing farmed marine fish with a wild fish in/farmed fish out (FIFO) ratio of less than 1:1.
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Glencore shows interest in buying Viterra US agribusiness giant Cargill is one of the parties interested in acquiring Viterra Inc., Canada’s biggest grain handler, but Glencore International previously already made a bid and seems to have more serious talks.
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China signs first soybean deal with the US in 2012 China has signed the first soybean deal with the US in 2012 during Chinese Vice President Xi Jinping’s visit to the US from 15 Feb. to 17 Feb., 2012. This soybean deal is considered to be the biggest ever one-off US soybean purchase with a total value of US$6.7 million and volume of 13.4 million tonnes, based on CCM International’s latest issue of Crop Protection China News.
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AVEVE Biochem strengthens international sales team AVEVE Biochem, provider of specialized feed additives and part of the AVEVE group, a leading feed and agricultural business in Belgium, has announced the appointment of Dr Hans Christoph Wagner as the company’s manager Business Development.
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All German chloramphenicol pig farms re-opened The pig holdings in Swabia, Germany, that were temporarily closed after the discovery of the antibiotic chloramphenicol in animal feed, have since been opened.
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Milk souring as record profit spurs expansion of herds Record dairy profits and milder weather are leading to a surge in milk supplies from Auckland to California, turning last year’s best-performing commodity contract into one of the worst of 2012, Bloomberg reports.
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Muyang group continue growing Over the past year Muyang Group has won new orders valued at 5 billion RMB ($800 million, €600 million), which is equal to + 66.7pc from 2010, with a 58pc increase in export volume.
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AFIA and Kansas State University offer new HACCP short course AFIA along with the department of grain science and industry at Kansas State University has again partnered to offer another Feed Manufacturing Short Course.
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Concern over medication in French livestock French livestock breeders are being criticised for the excessive use of non-prescribed medicines and antibiotics to treat their animals.
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JRS petfood seminar in Rosenberg, Germany For the first time ever, J Rettenmaier & Sohne (JRS) will host an exclusive fibre seminar for the needs of petfood and pet treat manufacturers.
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Thywissen GmbH receives EFISC certification Crushing and refinery facility C. Thywissen GmbH in Neuss is a well-known German manufacturer of plant oils and fats for human consumption and for technical purposes and for the production of animal feedstuffs.
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Feed manufacturing course set for Winnipeg, Canada in April A Canadian Feed Technology Course planned for next month is expected to be of interest to anyone directly involved in the formulation of livestock rations.
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Dehulled lupins in weaner pigs diets Combined Australian/Canadian research studied the performance and intestinal responses to dehulling and inclusion level of Australian sweet lupins (Lupinus angustifolius L.) in diets for weaner pigs.
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Local surplus helps lower Vietnamese feed imports Animal feed distributors were able to reduce feed imports in the first two months of the year due to high domestic supply, said Vietnam Animal Feed Association vice chairman Pham Duc Binh.
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Nuscience launches Vitagreen for pigs and poultry Nuscience has developed Vitagreen, a portfolio of feed ingredients to be used in biological feed for pigs, broilers, layers and breeders.
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Nutreco increases its shareholding in Brazilian joint venture to 97 percent Nutreco announced that it has signed an agreement to increase its shareholding in its Brazilian joint venture Nutreco Fri-Ribe from 51pc to 97pc. The joint venture was formed in November 2009.
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Phytase effect on trypsin in sorghum diets in pigs Mexican/Canadian researchers studied the apparent ileal amino acid digestibility and activities of trypsin and chymotrypsin in pigs fed sorghum-soybean meal diets supplemented with a microbial phytase.
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Agrifirm acquires broiler feed plant Netherlands based feed cooperative Agrifirm and French integrator Doux have agreed on the purchase by Agrifirm of Doux' Lösten, Saxony, Germany based broiler feed plant. German competition monitoring authorities have approved the takeover.
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CPF boss Dhanin richest man in Thailand Dhanin Chearavanont, chairman of the Charoen Pokphand Group, is Thailand's richest person and 133rd richest person in the world, according to Forbes magazine's annual list of the world's richest billionaires.
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China 2012 rapeseed output 13-14 mln tonnes China's rapeseed output for 2012 is expected to be between 13 and 14 million tonnes, Ning Gaoning, chairman of the nation's top state-owned grains trader COFCO said, marking a slight increase from its estimated 2011/12 harvest.
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US main supplier of S. Korea's corn market According to Byong Ryol Min, US Grains Council director in South Korea, the United States supplied 77.6pc of Korea’s corn imports in 2011.
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New Insta-Pro International website supports sales process Insta-Pro International is rolling out a new website designed to illustrate how their services, products, and technologies can help current customers and prospects grow their business.
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Rolls-Royce wins second order for fish feed ship Rolls-Royce has won a second order for a vessel from its Environship range to supply fish farms with feed along the Norwegian coast.
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US-Congress member inquires on antibiotic use Congresswoman Louise Slaughter (D-NY) has sent a letter to more than 60 of the leading fast food companies, meat producers, and grocery stores in the US asking them to release details on their antibiotic use policies.
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Belarus seeks protein feed self-sufficiency by 2020 Belarus plans in the coming years to minimize the importation of protein components of compound feed by raising domestic production, said Ludmila Yukhnovets, head of the Department of Varieties of Economic Utility of the State Inspectorate for Testing and Protection of Plant Varieties.
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Fibre in high-producing cattle In an invited review scientists from Austria, Germany and Canada aggregated the available information on the role of physically effective fibre and estimation of dietary fibre adequacy in high-producing dairy cattle.
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Wenger Manufacturing wins Aquafeed Innovation Award 2012 Wenger Manufacturing’s extrusion system for high capacity small diameter aquafeed production scooped the first Aquafeed Innovation Award for contributions to the advancement of Aquafeed.
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Soufflet and InVivo sign cooperative contracts with INRA Malting and feed ingredient specialist Soufflet and France’s largest cooperative InVivo Group have signed a framework agreement with France’s R&D organisation INRA to strengthen their scientific collaborations.
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Utilization of quality protein maize in the diet of White Leghorn layers Three experiments were conducted in India to determine the apparent metabolizable energy, digestible amino acid values and utilization of quality protein maize (QPM) vis-a-vis normal maize (NM) in White Leghorn layers.
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Indonesian President criticises NGO support in palm oil boycott Indonesian President Susilo Bambang Yudhoyono has used a regular formal address to the Diplomatic Corps in Jakarta to remind other governments how strongly the Indonesian Government supports the palm oil industry.
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International Scientific Conference on Probiotics and Prebiotics From 12 to 14 June the International Scientific Conference on Probiotics and Prebiotics (IPC2012) will take in Kosice, Slovakia.
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Wirifa Sakti launches feed for sheep and goat Although the business of sheep and goat in Indonesia is not becoming an integrated industry yet, the population of sheep and goat is growing from year to year, especially in Java.
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Cargill closes deal with Canadian Wheat Board Cargill has become the first grain handler to enter into a strategic alliance with the newly formatted Canadian Wheat Board.
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New Hope Group leader calls for opening corn trade in China China should redefine its grains security policy to fully liberalise the corn trade, Liu Yonghao, founder of New Hope Group, the country's largest private agricultural business said.
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||
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FDA positive on MGT yeast as processing aid Renewable fuels company Mascoma from New Hampshire, USA, announced that the US Food and Drug Administration (FDA), after scientific review, supports the use of the Mascoma Grain Technology yeast product as a processing aid in the production of animal feed, as a by-product of the corn ethanol conversion process.
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XV International Symposium on Fish Nutrition and Feeding The program for the XV International Symposium on Fish Nutrition and Feeding, to be held in Molde, Norway is filled with high quality research.
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Antimicrobial use on Canadian dairy farms Antimicrobial use (AMU) data are critical for formulating policies for containing antimicrobial resistance. The present study determined AMU on Canadian dairy farms and characterized variation in AMU based on herd-level factors such as milk production, somatic cell count, herd size, geographic region and housing type.
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Argentine farmers JV aim at breaking soy market Argentine biotech firm Bioceres is teaming up with US-based Arcadia Biosciences to bring a host of new transgenic soybean seeds in an effort to break the Monsanto market dominance.
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BOCM PAULS GmbH moves to new HQ The international division of BOCM PAULS continues to strengthen its presence in the German specialist pig feed market with the opening of new offices at Steinfurt-Borghorst.
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Belarus may ban animal feed ingredients from Ukraine Officials of the Republic of Belarus have recently announced that they may impose a ban on the import of some goods of Ukrainian origin, particularly sunflower oil, corn and soybean meal.
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‘IPPE’ becomes the name for the new USPOULTRY, AFIA & AMI co-located tradeshow The International Production & Processing Expo (IPPE) will serve as the umbrella name for the new U.S. Poultry & Egg Association (USPOULTRY), American Feed Industry Association (AFIA), and American Meat Institute (AMI) 2013 Expo in Atlanta.
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||
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Spanish scientists develop octopus dry feed A team of professors and researchers from the School of Agricultural Engineering and Natural Habitats (ETSIAMN) of the Polytechnic University of Valencia (UPV) developed artificial dry food to feed octopuses reared in captivity, reports FIS.com.
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DSM publishes 12th edition of vitamin supplementation guidelines DSM Nutritional Products has announced the publication of the 12th edition of its Vitamin Supplementation Guidelines. This work has been a feed industry reference tool on optimum vitamin nutrition (OVN) levels since the first edition’s appearance in 1958.
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Margaret Niehoff joins BOCM PAULS GmbH Margaret Niehoff joins BOCM PAULS GmbH and will be responsible for sales administration, customer services, quality control compliance and logistics. She brings 12 years of experience in the German specialist piglet feeding market to the company.
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Adisseo obtains Cofrac Accreditation for its Carat Laboratory Adisseo recently obtained Cofrac accreditation, the highest level of quality certification for analysis laboratories in France, for its Carat Laboratory in Commentry, France.
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Russia is producing more soybeans and corn According to official statistics Russia has in recent years significantly increased its production of basic feed crops – soybean and corn.
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Wilmar buys stake in Goodman Fielder, eyes more Singapore headquartered palm oil company Wilmar International said it has acquired a 10.1pc stake in Goodman Fielder Ltd , Australia's largest listed food company, for $124 million and added its brands were a good fit.
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Dabeinong Technology to invest millions for expansion Beijing Dabeinong Technology Group, a Chinese producer of animal feed and seeds, announced it will spend 618 million yuan (€79 million) on a nationwide capacity expansion program.
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First French partner of GMP+ International GMP+ International welcomes the first French partner. It is Cluster West, which is a cooperation of several French food companies from regions in North and West France.
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KSE Process Technology busy with bulk outloading process of PCG At the end of 2011 KSE received a phased order for the bulk out loading process of petfood manufacturer Perfect Companion Group (PCG) in Thailand.
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Biomin review volatile organic compound formation in silages Biomin has put up a review on the topic of volatile organic compounds (VOC’s) reduction in silages.
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||
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Syngenta sees 5pc revenue rise in Hungary in 2012 The Hungarian units of Swiss agribusiness company Syngenta expect revenue to climb at least 5pc this year over HUF 29bn in 2011, Syngenta Magyarorszag managing director Tibor Czigany said at a press conference.
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Sodrugestvo moves HQ to Luxembourg The Russian agro-industrial group Sodrugestvo relocates its headquarters to Luxembourg, minister of Economic Affairs Schneider announced on Tuesday.
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Lawsuit of organic growers against Monsanto dismissed The US District Court for the Southern District of New York has officially dismissed a lawsuit brought by The Organic Seed Growers and Trade Association (OSGATA) and dozens of other plaintiff growers and organizations against Monsanto Company.
|
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Satake Australia and Petkus Technologie enter new cooperation agreement Satake Australia and Petkus Technologie Germany have entered a cooperation agreement for the sale and support of Petkus seed and grain processing equipment in Australia.
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In Russia poultry producers actively purchasing feed plants The number of independent feed companies in relation to the number of the same enterprises having being integrated into the holdings during the past several years has been in significant decline.
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EPA streamlines feed mill cyclone operating standards EPA issued a direct final rule on December 23, 2011 to revise certain provisions of the National Emission Standards for Hazardous Air pollutants for Prepared Feed Manufacturing.
|
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BASF increases price for vitamin E feed grade BASF, the German chemical company, has announced that it will increase the price for vitamin E for feed applications by 8.6 percent with immediate effect.
|
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Japan, world's top corn importer, buys more US corn Japan has stepped up its corn purchasing, buying from the US for April-June, following a delay in Ukraine shipments.
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||
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Delacon's Fresta F first phytogenic feed additive approved by EFSA Phytogenic performance enhancer Fresta F, manufactured by Austrian animal nutrition company Delacon, has been approved in the European Union for use in piglet feed.
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Viterra expands Saskatchewan elevator capacity Viterra is expanding its grain elevator in Fairlight, Saskatchewan, Canada, to boost storage capacity and give it the ability to handle more rail cars.
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Irish feed factory closure on grounds of dioxin was due to lab mix-up ASM Alternative Feeds, an Irish animal feeds company, intends to sue the state for damages after a sample vial mix up lead to a diagnosis of dioxin, closing the factory for five months, the Irish Independent reports.
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OTP Ukraine unit CEO steps down OTP Bank on Friday said the CEO of its Ukrainian unit, Dmitry Zinkov, was leaving his post by mutual agreement on February 29.
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Hungary deficit cut to unfreeze EU funds, says City Hungary may well see its EU cohesion fund disbursements unfrozen by implementing more credible fiscal austerity measures that cut the fiscal shortfall in a sustainable manner, London-based emerging markets analysts said.
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Alltech 2012 Symposium envisages 2050 The world population is growing at an incredible rate, which means that people and industries alike must explore innovative ideas in order to plan for the future.
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Angel Yeast launches Fubon Soluble Yeast Cell Wall in Thailand Angel Yeast Co. launched at VICTAM 2012 a newly developed efficient immunostimulants---Fubon Soluble Yeast Cell Wall.
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Cargill to close Winnipeg, Manitoba grain elevator and crop input facility Cargill Limited announced Tuesday that it is ceasing production at its Winnipeg East facility. The Winnipeg East facility is an 8,000-tonne elevator with crop inputs and a dry fertilizer plant and shed.
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Novus brings out rumen booster Novus International has brought out a plant extract product, Next enhance, that affects the rumen environment to improve nutritional uptake and efficiency, benefiting weight gain in cattle.
|
||
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France asks EU commission to stop authorisation of MON810 maize France's Ministry of Ecology, Sustainable Development, Transport and Housing released a statement announcing that the French government has asked the RU executive body to suspend authorisation of Monsanto's GM maize, MON810.
|
||
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Biomin writes overview on organic acid based products and the market As the world demand increases for safe poultry and pork, and the ban on antibiotics continues, feed additives such as organic acids in their preservative role have increasingly taken centre stage.
|
||
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Libya buys Ukraine feed wheat, barley, and Argentine soymeal Libya's state grain buying agency is purchasing feed wheat, barley, soymeal, and has tenders out for the similar amounts of the same and milling wheat, Reuters reports.
|
||
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Russian feed premixes production grew by 60 percent in 2011 Production of compound feed and feed products (premixes and concentrates) in Russia are growing steadily.
|
||
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Nutriscan makes homemade yoghurt for piglets-Yoghurlac Among Danish piglet producers, it is known, that sour milk products such as yoghurt have a beneficial impact on the intestinal function and thereby on the health of piglets.
|
||
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China-US blueprint for strategic cooperation in agriculture Agriculture secretary Tom Vilsack and China's minister of agriculture Han Changfu signed last week a plan of strategic co-operation, a blueprint for the two countries' agricultural relationship for the next 5 years.
|
||
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EPA releases first part of dioxin reassessment The US government agency has published the first of two volumes of its response to the National Academy of Sciences 2006 report on the EPA's original dioxin reassessment.
|
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US universities bring out DDGS dietary calculating tools Several US universities are developing distiller's dried grains with soluble calculators (DDGS) to help farmers weigh the costs, the National Hog Farmer reports.
|
||
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COA: No evidence that ractopamine in feed kills more pigs Helena Bottemiller of Food Safety News wrote a report which claimed that ractopamine had "sickened or killed more than 218,000 pigs as of March 2011, more than any other animal drug on the market" since its approval for pigs in 1999 in the US. This led to the Council of Agriculture (COA), stating that it had not found evidence in the US to back up the claim.
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Chinese to purchase 10 percent of US soybean crop Chinese leaders made commitments to purchase US$4.31 billion worth of US soybeans; commitments totaling more than 8.62 million tonnes.
|
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Agriculture accounts for 92 percent of average global water use Researchers at the University of Twente, in Enschede the Netherlands, report mankind's water footprint in the US Proceedings of the National Academy of Sciences.
|
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Ukraine: 50 percent of the grain will be lost as a result of frost Due to the severe frost this winter about 50 percent of Ukraine’s winter crops will perish – has been estimated by experts of the Ukrainian club of agrarian business.
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Bayer CropScience and Texas A&M University System sign agreement to advance wheat breeding Bayer CropScience and Texas AgriLife Research, a part of the Texas A&M University System, College Station, Texas, USA have signed a multi-year agreement to develop and commercialize improved wheat varieties, Bayer announced in a press release.
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CHS and Consumer Supply Distributing enter into feed venture CHS, a producer-owned co-op, and Iowa-based Consumers Supply Distributing Co., announced they will form a livestock and pet food manufacturing and wholesale distribution company.
|
||
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Biomin secures US patent for its innovative symbiotic US patent protection granted for Biomin’s multi-species synbiotic Poultrystar, a growth promotion solution.
|
||
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Viterra to sell Canadian and US feed mills Canadian grain handler Viterra has struck a deal with a new company, Hi-Pro Feeds, selling its North American livestock feed operations.
|
||
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Thai Ag Secretary Limlangthong opens Victam Asia Yukol Limlamthong, Permanent Secretary of the Thai Ministry of Agriculture and Cooperatives, took the honour to open the Victam, FIAAP and GRAPAS Asia at the Bitec Exhibition Centre in Bangkok, Thailand, which commenced on February 15.
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Promising start for Victam Asia Victam Asia, Fiaap Asia and Grapas Asia saw a promising start unaffected by bombing accidents as was seen elsewhere in Bangkok on Tuesday before the show started.
|
||
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Bayer HealthCare SEA consolidates its animal nutraceutical business At Victam Asia 2012 Bayer HealthCare together with Dr. Eckel GmbH announced to further extend the efforts of establishing a high class animal nutraceutical-portfolio and customer services in Asia. The umbrella incorporates with Clariant (former Südchemie AG) and Agraquest Inc two more technology platforms.
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||
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Cargill closes Saskatchewan crop input facility Cargill Limited announced the closure of its Langbank, Saskatchewan crop input facility, effective Feb. 15, 2012.
|
||
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Direvo sells mannanase enzyme to BASF Direvo, an industrial biotech company based in Cologne, Germany, developed a mannanase enzyme to meet the needs of the feed industry.
|
||
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Canada and China agree on canola and grain trade Agriculture Minister Gerry Ritz was pleased to join Prime Minister Stephen Harper on a successful trade mission to China which resulted in a series of new agricultural agreements between the two countries.
|
||
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International Phytase Summit proceedings publicised Following the success of the first International Phytase Summit (IPS), the conference organisers have made the conference proceedings available to download via the IPS website.
|
||
 |
EPA misses own dioxin update deadline The US Environmental Protection Agency was to release new recommendations for the regulation of dioxins on the 31st of January, Science reports.
|
||
 |
Bunge acquires Amrit Banaspati to expand distribution in India Bunge India and Amrit Banaspati announced that Bunge has completed acquisition of the edible oils and fats business of Amrit Banaspati.
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||
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Wenger extrusion group acquires Source Technology A/S The Wenger Extrusion Group (comprised of Wenger Manufacturing, Inc., Extru-Tech, Inc., and Corporate Project Services) has announced the acquisition of Source Technology A/S, a provider of inline analysis systems used in food and feed manufacturing.
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||
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Jamaican Newport Mills ahead of US safety ratings Newport Mills Ltd, a Nutramix animal feed manufacturer, is ahead of the game when international safety ratings are concerned.
|
||
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International management teams meet in first Nuscience roundtable The international management teams of the companies falling under the recently devised Nuscience Group umbrella met in Ghent, Belgium, to discuss strategy, implementation plans, and new products.
|
||
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USDA hosts first US-China Agricultural Symposium in Des Moines, Iowa Agriculture Secretary Tom Vilsack announced today that government and industry leaders from the United States and China will gather in Des Moines, Iowa, on Thursday, Feb. 16, for the first U.S.-China Agricultural Symposium.
|
||
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New production plant Nutriad at Kallo operational Nutriad has officially opened its new production plant in Kallo (Antwerp port area). “Producing our feed additives in this state of the art facility in Belgium enables us to further extend the quality of our products and services,” said Nutriad CEO Erik Visser.
|
||
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Urea poisoning killed Mexican cattle The Mexican Ministry of Agriculture, Livestock and Fisheries (SAGARPA) has confirmed that the death of 600 head of cattle in Actopan was caused by urea poisoning through poultry manure.
|
||
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Anitox appoints Hungarian distributor Vet-Produkt Kft., a provider of animal health products in Hungary, has been appointed to distribute and support the Anitox range of feed safety and milling efficiency solutions.
|
||
 |
Rising South Korean corn imports to raise hog herds Corn imports by South Korea, the world’s third-biggest buyer, may rebound by as much as 4.9 pc in 2012 as the hog industry recovers from the massive cull that lasted from November 2010 to April 2011, Bloomberg reports.
|
||
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Tunisia makes progress on feed testing laboratory The US Grains Council and Ministry of Agriculture cooperative program to establish a Tunisian central laboratory for feed analysis is well underway, reported Cary Sifferath, USGC regional director.
|
||
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Company update: Fenchem 2011 Chinese feed additive company Fenchem saw its sales jump to $50 million in 2011, or an increase of more than 40 percent compared to 2010.
|
||
 |
Agentis Innovations new at Victam Asia Yiannis Christodoulou recently founded Agentis Innovations to provide and develop technologies that automate manufacturing, feed mill and premix, processes and integrate data collection for the livestock, aquaculture, petfood and associated industries (grain milling and premix, food and biofuel plants).
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||
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CPM Roskamp trains Hungarian pellet mill operators CPM Roskamp Champion, supplier of grinding, pelleting and cooling process technology for the animal feed, oilseed, biofuels and human food-processing industries, trained 15 operators from Hungary’s Pannonia Ethanol on the CPM Roskamp Champion hammermill.
|
||
 |
Methionine rule affects organic poultry farmers The US Department of Agriculture published on February 6, 2012 a proposed rule that would continue the allowance of synthetic methionine in organic poultry production but at reduced levels from the current allowable levels.
|
||
 |
Agrifirm Group takes over Marco Wefelnberg GmbH Dutch cooperative Agrifirm Group has become the whole owner of German raw material trader Marco Wefelnberg GmbH.
|
||
 |
Work begins on algae-based feed plant in Iowa Shenandoah's BioProcess Algae and Green Plains Renewable Energy broke ground last week on the construction of its five-acre (1.2 ha) production plant at Green Plains in Shenandoah, Iowa, USA.
|
||
 |
German dioxin plant sold Feed manufacturer Harles and Jentzsch in Uetersen, which was the cause of a dioxin scandal in Germany last year, has been sold to the Hamburg company OleoServ. The sale includes 10 employees that will retain their job.
|
||
 |
Avebe achieves EFISC certification Avebe, the largest, integrated potato starch producer in Europe, has chosen to certify its feed material manufacturing sites in the Netherlands against EFISC.
|
||
 |
Rumen fermentation and starch Scientists of Wageningen University in The Netherlands studied fermentation kinetics and production of volatile fatty acids and microbial protein by starchy feedstuffs in the rumen.
|
||
 |
Adisseo invests €2 million in Carat Laboratory After a year of modernization and an investment of €2 million, Adisseo’s Carat Laboratory, located in Commentry, France, is on the cutting edge of analytical technology, and meets the highest standards of excellence and quality.
|
||
 |
InVivo NSA on expansion track Four sites of InVivo NSA are under construction worldwide. In St. Nolff, the laboratory will be finished at the end of the year, after a petfood lab in Mexico, and two animal nutrition labs in Vietnam and Indonesia.
|
||
 |
Cows on grass prefer herbs as a side dish Scientists from Aarhus University have studied a selection of herbs and their potentially beneficial effects in cows.
|
||
 |
New probiotic promising in shellfish aquaculture The use of probiotic bacteria, isolated from naturally-occurring bacterial communities, is gaining in popularity in the aquaculture industry as the preferred, environmentally-friendly management alternative to the use of antibiotics and other antimicrobials for disease prevention.
|
||
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Correct use of microbial phytase in pig diets Microbial phytase is often used in diets fed to pigs because it is well established that the digestibility of phosphorus in many ingredients is increased if microbial phytase is used in the diet.
|
||
 |
Axtra XAP aids in decreasing broiler feed costs Danisco’s Axtra XAP is the new generation feed enzyme product that helps the broiler industry to reduce feed costs, especially when low cost feed ingredients are used.
|
||
 |
BioResource presented latest research at IPE Scientists from the Agricultural biotechnology company BioResource International, Inc. presented their latest research at the International Poultry Science Forum held in conjunction with the International Poultry Expo in Atlanta from January 23-26, 2012.
|
||
 |
Total number of culled German pigs now almost 12,000 The size of the German feed contamination problem appears to continue to grow. Last week, the total number of pigs to be culled amounted to 11,900 pigs.
|
||
 |
Verdezyne receives patent for xylose-eating yeast California-based biotechnology developer Verdezyne Inc. has been granted a US patent titled “Engineered microorganisms with enhanced fermentation activity” for an engineered yeast and class of enzymes it developed which can be used to ferment the abundant, but hard-to-process, xylose found in cellulosic feedstocks.
|
||
 |
Novozymes looks at smaller takeovers Danish industrial enzymes producer Novozymes is on the look-out for acquisitions smaller than its 2010 purchase of EMD/Merck Crop BioScience for around $275 million, the group's chief executive said.
|
||
 |
More piglets and lower mortality with plasma A large pork producer in West Jutland, Denmark reported more piglets weaned, a better growth and lower post-weaning mortality after having used plasma in piglet feed.
|
||
 |
XOL Automation new Vortex Valves representative in the Middle East Vortex Valves Europe, a wholly owned subsidiary of the Salina Vortex Corporation, has announced the appointment of XOL Automation as the company’s exclusive manufacturing representative in the Middle East and North Africa region.
|
||
 |
Organic farmers sue Monsanto on GM-seeds The US Organic Seed Growers and Trade Association has filed a class action law suit against Monsanto, which manufactures most of the world’s genetically modified seeds and pollens.
|
||
 |
Danish Hamlet Protein makes inroads to Italian and Turkish markets Hamlet Protein, a provider of specialty soy based feed, has reached agreements with Turkish GG and Italian AI Chem to distribute Hamlet Protein products locally.
|
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IPE Pre-Harvest Food Safety Conference Addresses Poultry In her opening remarks at the Pre-Harvest Food Safety Conference held during the 2012 International Poultry Expo and International Feed Expo, Dr Elisabeth Hagen, USDA under secretary for Food Safety, commented on the importance of pre-harvest food safety.
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Ukrainian pork producer invests in feed production APK-Invest Company (Donetsk region), one of Ukraine’s largest pork producers, plans to invest UAH 300 Ml (€28.4m) in compound feed production by 2015 and boost compound feed output 2.2 times against 2011.
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Welsh develop income boosting additive for dairy A natural feed supplement aimed at producing healthy premium milk all year round is under development in Wales with support from the Welsh Government.
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TakarekBank analysts see Hungary growth slowing to 0.5pc in 2012 TakarekBank analysts believe Hungary's economic growth could slow to 0.5pc this year, but see it picking up to 1.8pc in 2013, chief analyst Gergely Suppan said at a press conference.
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Jacob pipework systems broadens range of products Jacob pipework sytems introduces several additions to current products ranges for 2012.
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IPE Rendering symposium focuses on quality “Rendered products are safe feed ingredients,” said Dr David Meeker, senior vice president of the National Renderers Association at the International Rendering Symposium held during the 2012 International Poultry Expo and International Feed Expo. In his presentation on Rendering Code of Practice for Safety and Quality, Dr Meeker cited a recent analysis of almost 9,000 samples tested during 2010.
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Coppens International on its own feet The management of fish feed manufacturer Coppens International has established a buyout whereby Coppens Diervoeding has withdrawn as a shareholder in the company.
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Ronozyme ProAct introduced to US market In 2011, Novozymes and DSM began selling an innovative breakthrough to the US poultry market: Ronozyme ProAct, the first pure protease for use in animal feed.
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Soy milk makes strong bones in piglets Scientists are taking a close look at the effects that soy-based formula, cow's-milk formula, and mother's milk have on bone development in infants.
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Thai Agriculture Minister to open Victam and Fiaap Asia Theera Wongsamut, Minister of Agriculture and Cooperatives will officially open the three exhibitions in BITEC (Bangkok International Trade & Exhibition Centre) on the 15th February.
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Dinnissen brings Pegasus mixer and vacuum coater to Asia A single mixer that can produce a wide range of animal feed, pet food and aquafeed quickly, homogenously and energy efficiently and supply them entirely according to the wishes of the individual customer.
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Spar Magyarorszag to get new board chairman Managing director and chairman of the board Peter Feiner of retailer Spar Magyarorszag Kereskedelmi is resigning on March 1, the company informed.
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Excise tax for tobacco products to increase in February and July The excise tax on cigarettes will increase to HUF 11,500 per 1,000 pieces, or 30pc of its retail price, from February 1 and to HUF 11,900, or 31pc of the retail price, in July, according to legislation adopted in December.
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MKB board approves HUF 62bn capital raise The board of MKB Bank has decided on a HUF 62bn capital raise through a private placement to be subscribed by majority owner BayernLB, the bank said.
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Govt declares Malev of "strategic significance" in decree The government on Monday declared national carrier Malev a "business of prime strategic significance".
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Pek-Snack undertakes HUF 147m investment Hungarian bakery company Pek-Snack is undertaking a HUF 147m investment that will expand its product palette and improve its packaging technology, managing director and owner Janos Galantai said.
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Hungary has two months to respond to EU about hatchery cage-size switch Hungary has two months to respond to the European Union regarding why some hatcheries in the country have not yet changed their practice according to new EU regulations, the Ministry For Rural Development announced.
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Chio revenue edges down on "chips tax" Revenue of snack maker Chio Magyarorszag, a unit of Netherlands-based Intersnack International, fell 5pc to HUF 11.6bn in 2011 because of the introduction of a tax on unhealthy food introduced last September, managing director Robert Merkler said.
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New facility certification program for US pet food sector At AFIA’s Pet Food Conference in Atlanta, Ga., American Feed Industry Association announced a new third-party facility certification program designed specifically for manufacturing pet food and pet food ingredients.
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BASF to launch Natuphos 5000 Combi G for US market At this year's International Feed Expo trade show being held Jan. 24-26 in Atlanta, Georgia, BASF will focus on sustainable animal nutrition and on its new enzyme combination Natuphos 5000 Combi G for poultry.
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Hog-farming technology company Aliter-P inaugurates HUF 200m base Aliter-P, a Hungarian company that sells hog-farming technology, inaugurated a HUF 200m base in Babolna (NW Hungary).
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EFSA publishes guidance documents for feed additives The European Food Safety Authority (EFSA) thorugh its Panel on Additives and Products or Substances used in Animal Feed (FEEDAP) has published several guidelines on their website for bringing to market of several feed additives and safety measures.
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Gov't considering measures to support troubled Hungarian food companies The government is considering a package of measures aimed at providing state support to help consolidate Hungarian companies whose operations are necessary to ensure the security of supply and demand for domestic agricultural goods and which represent a significant source of employment, Rural Development Minister Sandor Fazekas stated.
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Meat company Debreceni to shut down plant Debreceni Csoport Husipari (DCSH), one of Hungary's biggest meat company, is shutting down its plant in Abda (NW Hungary) because of the unfavourable economic environment, managing director Viktor Szucs said.
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Nitrogenmuvek revenue grows 25pc in 2011 Artificial fertiliser maker Nitrogenmuvek had revenue of HUF 90bn in 2011, up 25pc from a year before, CEO Istvan Blazsek said.
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Hungexpo finishes 2011 in black Exposition organiser Hungexpo booked a small profit of HUF 53m in 2011 after racking up a HUF 870m loss in the previous year, CEO Gabor Ganczer said at a press conference.
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Audi Hungaria makes 1.8m engines in 2011, boasts record year German carmaker Audi closed a record year at its base in the Hungarian city of Gyor, turning out more than 1.8m engines and almost 40,000 cars, Audi Hungaria said.
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France to continue GM maize ban The French Government intends to continue its ban on cultivating genetically modified maize from Monsanto, type MON810 GM.
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Distillery Gyori Szeszgyar sees revenue climbing 10pc in 2012 Distillery Gyori Szeszgar es Finomito expects revenue this year to climb 10pc over last year's HUF 7.5bn, CEO Gyorgy Follath said.
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Ronozyme HiPhos considered safe for poultry and pigs Based on the trials provided, it was concluded by FEEDAP that Ronozyme HiPhos is safe for chickens for fattening, turkeys for fattening, laying hens, weaned piglets and sows when used at the maximum recommended dose. This conclusion can be extended to all poultry species and pigs for fattening.
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Hungary cereals harvest climbs 12pc in 2011 Hungary's cereals harvest reached 13.8m tonnes in 2011, up 12.2pc from the previous year and 2.9pc more than the average annual harvest in 2006-2010, the Central Statistics Office said.
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Hungary adds 5,000 hectares to forested area in 2010 Hungary's forested area grew by about 5,000 hectares in 2010, an annual report published by the Rural Development Minister shows.
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Danisco unable to delay Novozymes trial on animal feed patent Danisco lost a bid to delay a United Kingdom trial in its patent battle with Novozymes over a type of enzyme which aids digestion of animal feed.
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Hungarian pellet maker inaugurates HUF 100m feedstock store Hungarian pellet maker Pannon Pellet inaugurated a more than HUF 100m feedstock store at its base in Belezna (SW Hungary).
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Hungary to spend HUF 600m on wine marketing this year Hungarian winemakers can apply for about HUF 600m in funding for marketing this year, Agrarmarketing Centrum (AMC) director Peter Simon said.
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EFSA statements on use of feed additives The European Feed Safety Authority recently gave its scientific opinion on the use of rosemary extract, live yeast, potassium diformate, and a phytase for use in production animals’ feeds.
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Farm ministry state secretary tenders resignation Parliamentary state secretary at the Rural Development Ministry Jozsef Angyan has submitted his resignation without indicating a reason, Rural Development Minister Sandor Fazekas said confirming reports.
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Somlo Spirit building HUF 800m palinka distillery Somlo Spirit is building a HUF 800m distillery of "palinka", the Hungarian eau de vie, in Somlovasarhely (NW Hungary), managing director Peter Feher said.
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Hungary tobacco industry expands to HUF 500bn in 2011 Hungary's tobacco industry grew almost 10pc to HUF 500bn last year, industry insiders said at a press conference organised by the Hungarian Association of Tobacco Industry Investors (DBMSZ).
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Waberer's EBITDA up 20pc yr/yr in 2011 Hungarian road haulage group Waberer's Holding had EBITDA of EUR 47.4m in 2011, up 20pc yr/yr, the company told, based on preliminary data.
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Farming machinery trade company Axial opens new unit in SW Hungary Axial Kft, which sells and services farming machines, has opened a new unit through greenfield investment of HUF 500m in Pecs (SW Hungary).
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Water supply company Aqua posts 50pc revenue increase Water supply company Aqua Kft (Mosonmagyarovar, NW Hungary) had revenue of HUF 1.4bn last year compared to HUF 945m in 2010, and projects revenue of HUF 1.6bn for 2012, Managing Director Laszlo Leitner told.
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Hungarian producers to show at two trade fairs in Berlin Hungarian producers will be showing at two trade fairs early this year.
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PannonMill to raise prices by 10pc because of higher costs Milling company PannonMill is raising prices by 10pc from February 1 because of higher input costs, chairman-CEO Zoltan Poor.
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China-Hungary Business Council holds inaugural session in Budapest The China-Hungary Business Council has held its inaugural session in Budapest.
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New rural-development plan to have funds of HUF 300bn over the next two years The government's new rural-development program, the Daranyi Ignac Plan, announced on Monday will have combined funding of HUF 300bn in 2012 and 2013, an outline of the plan reveals.
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Government launches new rural-development programme Prime Minister Viktor Orban introduced the government's new rural-development programme called the Daranyi Ignac Plan.
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Cargill reports worst quarter since 2001 US agribusiness giant Cargill Inc reported a third consecutive slump in quarterly earnings, as one of the world's largest commodity traders took a beating from sugar losses and volatility in financial markets, Reuters reports.
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Aranyponty Zrt revenue rises to over HUF 1bn last year Fish-farming and fishing company Aranyponty Zrt generated revenue of over HUF 1bn in 2011, up from HUF 860m in 2010, company President-CEO Ferenc Levai said.
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Industrial output up 3.5pc as exports rise more, domestic sales drop less Hungary's industrial output rose 3.5pc yr/yr in November according to both adjusted and unadjusted figures, the Central Statistics Office (KSH) said, as export growth accelerated and domestic sales dropped less than a month earlier.
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National Economy Ministry gets new state secretary President Pal Schmitt has appointed Norbert Csizmadia as state secretary of the National Economy Ministry as of January 10 at the proposal of the prime minister.
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Talks on EU "fiscal compact" moving in favourable direcion for Hungary Budapest, January 13, 2012 (MTI-ECONEWS) - Talks on a "fiscal compact" between European Union member states are moving in a favourable direction from Hungary's point of view of the Foreign Affairs Ministry said in a statement.
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Hungary farm gate prices climb 11.8pc in November Farm gate prices in Hungary rose 11.8pc year-on-year in November, slowing from a 13.4pc increase in October, the Central Statistics Office (KSH) said.
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New edition of "Best of Budapest" launched The twelfth annual edition of "Best of Budapest", a compilation of the capital's best hotels and restaurants, was presented.
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EC gives Hungary bad marks for excessive deficit procedure The European Commission said Hungary had failed to make sufficient progress to narrow its fiscal deficit as part of an European Union procedure.
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Lidl to launch mobile services in Hungary German discount chain Lidl is launching mobile telecommunications services in Hungary, daily Nepszabadsag said on Wednesday, citing the website hwsw.hu.
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McHale invests HUF 500m at base in Hungary Irish baler and wrapper maker McHale is spending HUF 500m to update technology at its manufacturing base in the Hungarian city of Szolnok.
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Outlook of Hungarian SMEs worsens The outlook of Hungarian SMEs continues to deteriorate, a gauge of confidence in the sector by OTP Bank and Policy Agenda shows.
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AB Vista fills pivitol role in Central Eastern Europe AB Vista has appointed a new Business Manager to meet increased demand for its products in Central and Eastern Europe (CEE).
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Govt to allocate HUF 500m for Hungaricums The government will soon allocate about HUF 500m for tasks outlined in the Act on Hungaricums.
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Fellegi, Rehn to meet on Jan 20 Minister without portfolio Tamas Fellegi will meet with Vice President of the European Commission Olli Rehn on January 20.
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Hungary gen govt deficit reaches 110pc of modified target by year-end Hungary had a cash flow-based general government deficit, excluding local councils, of HUF 1,734.4bn at the end of December or 110.0pc of the modified full-year target, the National Economy Ministry said.
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MOL to raise fuel prices to new historical records Hungarian oil and gas company MOL is to raise its wholesale petrol and diesel prices both by HUF 10 from Wednesday, industry insiders.
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ADM buys Slovakian grain elevators Archer Daniels Midland said it has bought three grain elevators in Slovakia, moving into the Eastern European country for the first time and expanding its operations on the key Danube River.
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Latvia on the brink of complete ban of GMO products More than 100 of the 110 municipalities (novads) of Latvia have decided that their land will be GMO-free by the end of 2012.
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Fundamenta-Lakaskassza new home savings contracts climb 23pc Budapest, January 6, 2012 (MTI-ECONEWS) - Fundamenta-Lakaskassza signed new home savings contracts worth HUF 307bn in January-November, 23pc more than in the same period a year earlier, the home savings bank informed.
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Hungary met 2011 central govt balance target, Matolcsy tells Rehn Hungary met its cash flow-based central government balance target in 2011, according to preliminary data and excluding extraordinary and one-off items, which could help the country to achieve its deficit targets in 2012 and 2013, National Economy Minister Gyorgy Matolcsy said in a letter sent to European Commission vice-president Olli Rehn.
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Forint weakens to new record low on interbank market The forint traded at 323.61 to the euro on the interbank forex market on Thursday morning shortly after 9.30 a.m.,a new all-time weakest for the Hungarian currency.
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Hungary jobless rate edges down to 10.6pc in Sept-Nov The average unemployment rate in Hungary was 10.6pc in the 15-74 age group in September-November 2011, down from 10.8pc in August-October and down also from 10.7pc one year earlier, the Central Statistics Office (KSH) said.
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Dioxin responsible Harles & Jentzsch assets to be sold The German farmers affected by the dioxin scandal may soon be able to partially recompensed for the damages they suffered. Harles and Jentzsch, responsible for the contaminated feed, is expected to be broken up this month.
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The role of carbohydrates in intestinal health of pigs Scientists from the Aarhus University in Tjele, Denmark studied the role of carbohydrates in intestinal health in pigs.
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DDGs use to exceed supply Production of distillers’ grains (DDGs) has quadrupled since 2004/05, paralleling the rapid growth of US ethanol production. As a feedstuff supply can hardly keep up with demand.
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Exogenous enzymes and their effects on intestinal microbiology Mike Bedford of AB Vista and Aaron Cowieson of University of Sydney in Animal Feed Science and Technology discussed the effects of exogenous enzymes on the microbes in the gut.
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Nutrition and pathology of weaner pigs Scientists of the Australian Livestock Innovation in Perth and Murdoch University and the University of Copenhagen (Denmark) in the journal Animal Feed Science and Technology discussed nutritional strategies to support barrier function in the gastrointestinal tract of weaner pigs.
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US veterinarians in favour of antibiotics The president of the American Veterinary Medical Association (AVMA) has sent a letter to US Agriculture Secretary Tom Vilsack reiterating the risk of limiting antibiotic use in food producing animals without careful consideration of the consequences for human and animal health.
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Forint weakens to all-time record 319 to the euro The forint weakened to an all-time record at above 319 to the euro at around 9:45 a.m. on Wednesday.
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Land O’Lakes introduces three new feed innovations The Livestock Marketing Group launched three innovations for dairy animals: the enhanced calf milk replacers, the Ampli-Calf grower feed and the updated MetaPro Nutrition program for dairy cows.
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New GM crops approved for Europe The European Union has approved three genetically-modified corn varieties from Syngenta AG, and a biotech cotton variety from Dow Chemical Co., for food and feed use, import and processing.
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Philippine feed wheat imports up by 11.29 percent last year Philippine feed millers imported 1.07 million metric tons of feed wheat in 2011, an 11.29 percent increase from 962,446 metric tons imported in 2010.
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Large Indian algae initiative for feed and biofuel World Health Energy Holdings, Inc., a public holding company developing joint venture partnerships for algae production for biodiesel and commercial fish food, has signed a letter of intent with Prime Inc., an Indian industrial and transport company, to develop a biodiesel production facility ramping up to 250 acres (100 ha) with a budget of up to $100 million.
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French farm income to fall 2.3 pc in 2011 French farm income is expected to fall 2.3 pc this year, weighed down by higher costs for fertilizer and animal feed, the Agriculture Ministry reported. Average pretax operating income per farmer this year is estimated at €30,200 from €30,900 in 2010, the ministry’s statistical department Agreste said in its latest report.
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Magyar Cukor turns out 123,000 tonnes of sugar at refinery Magyar Cukor turned out 123,000 tonnes of sugar at its refinery in Kaposvar (SW Hungary) in the 2011 season, deputy director in charge of production Laszlo Hajos said. Magyar Cukor refined about 820,000 tonnes of sugar beet over 116 days, Mr Hajos said.
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Tighter rules ahead in US after aflatoxin feed recalls The US Food and Drug Administration (FDA) is weighing new proposals for tightening food safety rules concerning mycotoxins after recent a series of recent recalls for pet and livestock feed in the United States for a corn-based toxic.
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Organic feed fraud uncovered in Italy The Italian police has arrested several people in the country for falsification of paperwork to sell conventional raw materials as organic products.
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China bans ractopamine growth promoter China's Ministry of Industry and Information Technology has announced that the country has banned the production and sale of ractopamine, a controversial feed additive used to promote lean meat growth in food animals.
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GMO fears halt EU import of US corn gluten feed Imports of US gluten feed to the European Union have been virtually stopped because of concern they might contain unapproved genetically modified organisms (GMOs), traders and industry associations said to Reuters.
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Quick phytase test for Adisseo customers Adisseo has developed Quick-Phyt, an easy-to-use tool to check phytase application in complete feed at the plant level.
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Household energy prices to rise under rate of inflation from Jan 1 Household energy prices will rise at a rate not exceeding inflation from January 1, the National Development Ministry informed.
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Fenchem to supply tailor-made antioxidant formula Fenchem, a science-based supplier of natural and synthetic antioxidants for the food and feed industry recently established a team specialized in tailor-made antioxidant formulas.
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Hungary dairy industry expands 6-8pc in 2011 Revenue generated by Hungary's dairy industry probably rose 6-8pc in 2011 as demand improved and farm gate prices climbed, managing director of the Dairy Products Council Laszlo Lukacs said.
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Sorghum grind and broiler gut development Researchers of the University of New England, NSW, Australia and the Norwegian University of Life Sciences investigated the effects of the extent and method of grinding of sorghum prior to inclusion in complete pelleted broiler chicken diets on broiler gut development and performance.
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IMF says resumption of talks hinges on Hungary govt The International Monetary Fund (IMF) said that a classic Stand-By Agreement (SBA) would best fit Hungary, and the country could treat it as precautionary as it does not face an imminent financing need. However, no decision has been made on whether formal negotiations with Hungary about financial assistance would continue, the IMF said, adding that the government should engage on key policy issues if it wants talks on a programme to progress.
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Quantifying the effect of fewer antibiotics in pigs and broilers Scientists find it difficult to quantify financial effects of a reduction of antibiotics usage in livestock production, Dutch agricultural newspaper Agrarisch Dagblad reports.
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Auchan Magyarorszag to purchase Cora Magyarorszag Auchan Magyarorszag, the Hungarian unit of French retailer Auchan Group, will purchase Cora Magyarorszag, the Hungarian unit of Belgian supermarket chain Cora, Auchan Magyarorszag said.
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Wynveen moves to new premises in Heteren Dutch feed milling equipment manufacturer Wynveen International has moved into its new premises in Heteren, the Netherlands on 1 December.
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Agricultural machinery sales increase in Q1-Q3 Investments on agricultural machinery added up to HUF 51bn in the Q1-Q3 2001, up 68pc from a year before, AKI, an agricultural research institute run by the Ministry of Rural Development.
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Oilseed farming in the US Oilseed farmers have seen revenue peak, plunge, and peak again before surging in 2010. The value of oilseed (excluding soybean) farming is currently at its highest, totalling an estimated $1.1 billion, says a new report from IndustryandMarkets.
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Poultry company Zalai conducts test operation of newly completed unit Poultry processing company Zalai Baromfifeldolgozo has been continuously increasing its output and headcount during the test operation of its newly completed HUF 1.5bn plant in Pacsa (SW Hungary)begun in November, the company said.
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Value of agricultural output up 26pc yr/yr in 2011 The current-price value of Hungary's agricultural output rose to more than HUF 2,000bn in 2011, up 26pc yr/yr, the Agrarian Economy Research Institute reported, citing preliminary data. It grew 10pc last year, after falling 19pc in 2009.
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Global palm oil market The overall palm oil market relies on two countries, Indonesia and Malaysia, for the worldwide production, as the two regions account for more than 85% of the worldwide production, according to a report from CompaniesandMarkets.
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Evonik on track with Singapore plant development In its largest investment to date, Evonik is working on strengthening its core business with essential amino acids for animal nutrition. The Group is investing roughly 500,000 Euros in Singapore to construct a methionine complex with an annual capacity of 150,000 metric tons.
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Parliament approves new Law on General Government Parliament approved the new Law on General Government by a vote of 240 in favour to 31 against.
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EU legislation threatens US agriculture export To maintain country-to-country relationships, the US Food and Drug Administration (FDA) is working to meet requests from the European Union (EU) to confirm the safety of US products.
|
||
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Parliamentary committees approve Zsuzsanna Nemeth's appointment as national development minister Parliament's Economic and IT Committee and Local Council and Regional Development Committee approved at a joint session Prime Minister Viktor Orban's Wednesday appointment of Zsuzsanna Nemeth to serve as the government's new national development minister beginning on January 1.
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European Commission yet to decide on resuming talks with Hungary, EC spokesman says "The European Commission has not decided yet on resuming formal or informal talks regarding financial assistance with Hungary, Commission spokesman Olivier Bailly said in a clarification issued.
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Biolek appoints BioPoint for Polish market Biolek, a Warsaw, Poland based manufacturer of innovative animal nutrition products recently acquired by Bioton, has signed an agreement with BioPoint, a major Polish maker and distributor of veterinary products, about the marketing of Biolek’s products on the Polish market.
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Using NIR to detect oil fraud Researchers from Queen's University Belfast in Northern Ireland and from UFR Sciences et Techniques in France investigated the possibilities of Near-Infrared (NIR) and Raman Spectroscopy detecting adulteration of oil used in animal feed production.
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Hungary central govt to take over HUF 184bn county council debt Hungary's central government will take over about HUF 184bn in debt from county councils by the end of 2011, Laszlo Andras Borbely, deputy CEO of the Government Debt Management Agency told reporters.
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PM names replacement for National Development Minister Prime Minister Viktor Orban informed the house speaker of his wish to recommend Laszlone Nemeth, deputy-CEO of the Hungarian Development Bank (MFB), to the President for the post of National Development Minister.
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Research: Yeast protein concentrate in carp diets Biofuel production results in many more products than just fuel. The co-products can often be used in animal nutrition. In the UK at the University of Plymouth in cooperation with AB Vista biofuel derived yeast protein concentrate (YPC) as a novel feed ingredient in carp diets was evaluated.
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EFSA strengthens procedures to avoid 'Revolving Door' cases The European Food Safety Authority (EFSA) acknowledges receipt of the European Ombudsman’s draft report and recommendations relating to a specific potential “Revolving Door” case dating back to 2008/2009.
|
||
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German cooperatives merge The German cooperatives Raiffeisen Emsland-Mitte in Klein-Berssen and Raiffeisen Grenzland in Laar (both in West Germany close to the Dutch border) have decided to merge their activities.
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Dutch aim for 100% sustainable soy in 4 years Dutch companies in the soy industry are pooling their resources to transfer completely over to 100% sustainable soy within the next four years. The sum of seven million euro has been allocated to effectuate the transfer.
|
||
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Bamboo vinegar as antibiotic alternative There is a global search for alternatives to antibiotics, but the silver bullet has not been found yet. Chinese scientists tested the effect of bamboo vinegar as an antibiotic alternative on growth performance and faecal bacterial communities of weaned piglets.
|
||
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Sitform inaugurates HUF 450m expansion German-owned upholstery maker Sitform Butorgyar inaugurated a HUF 450m expansion at its base in Zalaegerszeg (NW Hungary).
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||
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Armenia bans use of hormones in feed production Armenia’s Ministry of Agriculture plans to ban the use of hormonal additives in feed and foods, a new draft of the “On food safety” bill, presented to the Armenian Parliament by Minister of Agriculture Sergo Karapetyan, reveals.
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||
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Cargill Animal Nutrition conducts regional recall of select animal feed products Cargill Animal Nutrition today announced a voluntary recall of select regional poultry, calf, and whole and cracked corn products due to aflatoxin levels that were detected above the acceptable limit.
|
||
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Australian scientists use algae to solve carbon problems A ground-breaking experiment that uses algae to absorb carbon dioxide emissions from a power plant and could supply cattle feed as a co-product.
|
||
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Parliament passes 2012 budget law Hungary's parliament passed the 2012 budget law, targeting a deficit of 2.5pc of GDP, early Tuesday morning with a vote of 255:48.
|
||
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Ethical seafood project nominated for excellence The University of Stirling, Scotland was nominated for the Times Higher Education Award for International Collaboration of the Year for its leadership and coordination of SEAT.
|
||
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Hungarian Tobacco Industry Association winds up The Hungarian Tobacco Industry Association will wind up at the end of January under a decision taken at an extraordinary general meeting of the professional group held earlier, the organisation said.
|
||
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Novozymes to close more deals in China Denmark's Novozymes, the world's leading industrial enzyme producer, is now in talks over a series of projects that will boost its presence in China's growing biochemical sector, a company executive said.
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||
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Bakonyerdo inaugurates production line at parquet plant Bakonyerdo inaugurated a production line that is part of a HUF 735m investment at its parquet plant in Tapolca (NW Hungary).
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||
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Vi-COR achieves GMP+ B2 certification for yeast culture plant Vi-COR, a manufacturer of specialized yeast culture products for livestock, recently received GMP+ B2 certification for their new 6,500 m2 manufacturing plant and warehouse dedicated to producing Celmanax SCP (Soluble Concentrated Powder).
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Myanmar warns for foul fish feed imports from India The Myanmar Aqua Feed Association is urging members to test all bags of raw materials used to make fish feed imported from India after some bags were found to contain waste products with no nutritional value, a spokesperson said.
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||
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EFSA broke rules by allowing a member of staff to change jobs The European Food Safety Authority (EFSA) failed to follow procedural rules when it allowed a senior member of staff to move to Syngenta, a company that produces genetically modified (GM) crops, according to a report by the European ombudsman.
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Viterra's positive outlook Positive harvest conditions in both South Australia and Western Canada should provide strong volumes for Viterra's grain handling and marketing operations in fiscal 2012.
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||
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Hungary talks with IMF, EU broken off Talks between Hungary and delegations from the International Monetary Fund (IMF) and the European Commission on a financial assistance package have been broken off, a spokesman for Vice President of the European Commission Olli Rehn said.
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Sojitz enters compound feed market in Cambodia Japan based Sojitz Corporation has entered the feed business in Cambodia by acquiring a 10% interest in Sichuan New Hope Agribusiness (Cambodia), a feed manufacturer in Cambodia owned by New Hope Group, China’s largest livestock and feed company.
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Bulgaria: Environmentalists object unlabelled feed with GM ingredients Genetically modified animal feed without GMO labelling is being sold on the Bulgarian market, according to reports of the Public Environmental Centre for Sustainable Development/ PECSD/ in Varna and environmental NGO 'Za Zemiata' (For the Earth).
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Novel technique for genetic optimization of algae Aurora Algae is using a novel technique for genetic optimization to create advanced-trait algae strains for product development in the pharmaceutical, nutrition, renewable energy and animal feed markets of their industrial algal crops.
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Hungary farm gate price climb 13.4pc in October Farm gate prices in Hungary rose 13.4pc year-on-year in October, slowing from a 16.9pc increase in September, the Central Statistics Office (KSH) said.
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Research funding for measuring amino acids in pigs Aarhus University has received funding for a project on developing new methods of measuring the amino acid requirement of pigs with the aim to reduce feed use, protect the environment and improve the economy for farmers.
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Ensiling duckweed gives better quality Converting duckweed to silage is a cheap and sustainable alternative to drying for preserving the fodder as was shown by Wageningen Livestock Research in The Netherlands.
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Over 90,000 detained in China crackdown on illegal food production Chinese police have investigated over 132,000 cases and detained more than 90,000 suspects since November in a nationwide crackdown on a set of highly attended offenses, especially food and drug safety cases, Xinhua reports.
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Oman feed producers awaiting subsidy Producers of animal feed, including poultry feed in Oman are eagerly waiting for a government decision on subsidy, in view of the high pricing for these products.
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Japfa invest in production expansion Animal feed producer Japfa Comfeed Indonesia plans to set aside Rp 900 billion ($99 million) next year to boost its production, including revamping its factories in Sumatra and Java, a top executive said.
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Grape marc cuts cow methane emissions and boosts milk New research conducted by the Department of Primary Industries (DPI) in Victoria, Australia, has found that supplementing dairy cow's feed with grape marc reduced the cow's emthane emissions and increased milk production.
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Agreement clears way for Hungarian beef exports to Algeria Hungary and Algeria have reached an agreement on joint recognition of animal health certificates for cattle that will allow the launch of Hungarian beef exports to the North African country, the Rural Development Ministry said.
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Most Hungarian companies see minimum wage rise as threshold for pay increases About 79pc of Hungarian companies with annual net revenue over HUF 250m plan to use the increase in the minimum wage as a cap for pay rises across the board, a survey by economic research company GKI shows.
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Fellegi to represent Hungary at IMF talks as minister without portfolio Tamas Fellegi will be Hungary's chief negotiator at talks with the International Monetary Fund (IMF) in the capacity of minister without portfolio, Prime Minister Viktor Orban said.
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Ergot still present in many feed stuffs Researchers of the Ghent University in Belgium were granted by EFSA to carry out a study on ergot alkaloids in cereals intended for human consumption and animal feeding. Recently the outcome was presented.
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Fami-QS ensures the up to date feed industry auditing in China During the 5th training session in China on Fami-QS code’s specific requirements for auditors, special emphasis was given to the auditing process like “assured sources, purchase of raw material, auditing techniques for HACCP, cross-contamination and response to a crisis”.
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NGFA Country Elevator conference well attended More than 690 country elevator managers, their key employees and those who supply goods and services to the industry have preregistered to attend the 40th anniversary edition of the NGFA’s Country Elevator Conference.
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Govt expresses disapproval of Erste Bank Hungary's cutback Hungary's National Economy Ministry expressed its disapproval of Erste Bank Hungary's decision to reduce its activity in Hungary after generating about HUF 60bn in profit over a decade and playing a leading role in foreign currency-denominated mortgage lending.
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Nuscience group present for first time at IPE Atlanta Nuscience group, built on Vitamex and Pre-Mervo expertise, will be presenting its key products for poultry nutrition for the first time at IPE Atlanta in January 2012.
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Royal De Heus winner of Dutch-Polish Business Award 2011 The Dutch-Polish Business Award (DPBA) was presented for the seventh time on 30 November 2011 in the Koelschip Hall of the Heineken Experience, venue in Amsterdam. During the meeting, Max van der Kwaak, CFO of the Royal De Heus Group, received The award from State Secretary Beata Stelmach of the Polish Ministry of Foreign Affairs.
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Persistent resistance on antibiotic-free farms Bacteria taken from farms still showed resistance, up to 2 1 years after the administering of antibiotics was discontinued, a Canadian study says.
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Orban to consult with Fellegi at weekend Prime Minister Viktor Orban will consult in person at the weekend with National Development Minister Tamas Fellegi on his request to resign, prime minister's spokesman Peter Szijjarto said in Marseille, where Mr Orban is participating at a European People's Party congress.
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Agromed appoints EFEV as distributor for China market Partnership marks Agromed entry to China market.
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Arzenal to split from Real supermarket chain Supermarket company Arzenal plans to split off from the chain Real and launch its own brand in Hungary, gazdasag.hu said.
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Hungary to scrap four-day motorway vignette from January 1 Hungary will scrap its four-day motorway vignette for passenger cars from January 1, 2012, the National Development Ministry said.
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White paper covers antibiotic use in food animals Antibiotic use in food animal production is the focus of a white paper released recently by the National Institute for Animal Agriculture (NIAA) announced Feedstuffs.
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PannonMill revenue climbs over HUF 19bn in 2010/11 as wheat prices rise Hungarian milling company PannonMill Malomipari closed its business year ended September 30 with net revenue of HUF 19.1bn, well over the HUF 11.5bn in the previous year because of higher wheat prices, chairman-CEO Zoltan Poor said at a press conference.
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Estonian probiotic gains EU approval A lactic acid bacterium discovered by Estonian scientists has passed muster with the European Food Safety Authority, paving the way for use throughout the EU.Estonia is notable for the probiotic bacteria in yogurt, but this particular strain, Lactobacillus plantarum NCIMB 30236, is used in animal feed to ferment silage.
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Nestle Hungaria revenue slips to HUF 83.5bn in 2010 The Hungarian unit of Swiss food giant Nestle had profit of HUF 1.9bn on revenue of HUF 83.5bn in 2010, down from HUF 3.8bn and HUF 84.6bn, respectively, in the previous year, Nestle Hungaria said.
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Cargill announces reduction in company workforce Cargill announced it will reduce its workforce by up to 2,000 of its 138,000 employees globally, a change of about 1.5 percent.
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Montmorillonite clay against zearalenone in piglets Scientists of the Shandong Agricultural University in China, Lethbridge Research Centre in Canada and Amlan International studied the effect of purified zearalenone with or without modified montmorillonite on nutrient availability, genital organs and serum hormones in post-weaning piglets.
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Commission shelves organic poultry feed proposals Proposed changes to feed ingredients for organic poultry farmers in the EU have been shelved, to the relief of the industry.
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Oreglaki Vadfeldolgozo profits climb on growing demand for game Hungarian game processing company Oreglaki Vadfeldolgozo expects to close 2011 with pre-tax profit of almost HUF 100m, up from HUF 60m in 2010, thanks to growing demand, better supply conditions and favourable exchange rates, managing director Monika Lang-Buzankszky said.
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Project company invites bids for feasibility study of AGRI LNG inter-connector The AGRI LNG Project Company plans to select the consultancy to carry out a feasibility study to assess the technical, financial and economic viability of the energy cooperation project called the Azerbaijan-Georgia-Romania-Hungary Inter-connector, Romania's Agerpres reported, citing a SNGN Romgaz release.
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Templeton fund manager reportedly holds over 10pc of Hungary's government debt US-based investment firm Franklin Templeton holds more than HUF 1,000bn, or over 10pc, of Hungary's forint- and foreign-currency-denominated debt, the business daily Napi Gazdasag reported, citing unnamed market sources.
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Number of mandatory liquidations climbs 27pc yr/yr in November The number of mandatory liquidations initiated against Hungarian companies came to 2,055 in November, up 27pc from a year earlier, and up almost 24pc from the previous month, company information provider Opten told MTI on Monday.
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Amendment would prohibit turning off heat at hospitals, schools An amendment submitted to Parliament by the Economy and IT Committee on Monday would prohibit energy utilities from being turned off at healthcare institutions, boarding schools and primary schools during the heating seasons.
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Audi establishing vehicle development division at base in Hungary German carmaker Audi is establishing a vehicle development division at its unit in Hungary, Audi Hungaria Motor managing director Thomas Faustmann said.
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Govt submits bill establishing exemption from state debt reduction rule till 2016 Hungary's government has submitted a bill to Parliament that would establish an exemption for a rule in the new constitution prohibiting any increase of state debt as a percentage of GDP.
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Lack of information stalls EFSA opinion on two additives Due to lacking information EFSA could not establish a safety opinion on a silage additive and an efficacy opinion on a probiotic for re-eavluation.
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Expeller canola as soy substitute in weaner diets Combined research of the University of Alberta, Canada and the Universidad Autónoma de Baja California in Mexico investigated the effect of feeding expeller-pressed canola meal on growth performance and diet nutrient digestibility in weaned pigs.
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Farm machinery seller Axial inaugurates HUF 500m base Hungarian farm machinery seller Axial on Friday inaugurated a HUF 500m base in Dombovar (SW Hungary).
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Govt publishes draft of Hungarian Growth Plan Hungary's government aims to boost economic growth by concentrating on business sectors as well companies, by supporting domestic demand and by taking full advantage of the country's geographical location to turn it into an economic hub for the region, a draft of the Hungarian Growth Plan published on the government website shows.
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France: Illegally banned GM crops The 2008 French ban on the cultivation of genetically modified crops (GM) was illegal, but growing the crops next year is very unlikely. France’s highest court this week confirmed the European Court of Justice’s judgment that the French GMO ban was illegal.
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Hungary fish consumption crests around winter holidays Hungarians' consumption of fish spikes around the winter holidays but is low for the rest of the year in comparison to other European countries, industry data show.
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Hungarian tobacco industry companies establish new professional association Hungarian tobacco companies on Thursday announced the establishment of a new professional association, the Hungarian Association of Tobacco Industry Investors (DBMSZ).
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Thai deteriorated rice goes to animal feed The Thai Commerce Ministry has put up for auction 92,000 tonnes of rice in storage, mainly deteriorated stock for animal feed producers, says a ministry source.
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Wiesbauer Dunahus sees revenue climbing to HUF 2.7bn in 2011 Meat company Wiesbauer Dunahus expects to close 2011 with revenue of HUF 2.7bn, up from HUF 2.1bn in 2010, managing director Jens Hillebrand said.
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Cotton as potential hay substitute The search for hay substitutes has led some to consider cotton residues as a potential supplement for other animal feeds. Dr. Tyron Wickersham of Texas AgriLife Research, a nutrition scientist at Texas A&M University analysed the feed potential of cotton.
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CP Foods is aiming for global top three position Charoen Pokphand Foods (CPF) said the acquisition of CP Pokphand Co (CPP) in Hong Kong is part of its strategy to become one of the world’s top three animal-feed firms.
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National Bank of Hungary raises base rate 50bp after downgrade The National Bank of Hungary's Monetary Council decided to raise the central bank's key rate by 50bp to 6.50pc at a meeting.
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Parliament approves main figures for 2012 budget Hungary's Parliament on Tuesday approved an amendment to the main figures of the 2012 budget.
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Hungary jobless rate edges up to 10.8pc in Aug-Oct The average unemployment rate in Hungary was 10.8pc in the 15-74 age group in August-October, up from 10.7pc in July-September and down from 10.9pc one year earlier, the Central Statistics Office (KSH) said.
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OECD sees Hungary GDP falling 0.6pc in 2012 The Organisation for Economic Cooperation and Development (OECD) projects Hungary's economy will contract by 0.6pc in 2012 in its fresh Economic Outlook published.
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Econ minister proposes freezing HUF 12.7bn to keep 2011 budget goal Hungarian National Economy Minister Matolcsy has submitted a proposal to parliament to freeze HUF 12.7bn of the constitutional and media reserves in this year's budget, the proposed resolution on the parliamentary website shows.
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Hungary maize crop exceeds more than 8m tonnes in 2011 Hungarian farmers harvested more than 8m tonnes of maize in 2011, up more than 1m tonnes from 2010, Rural Development Ministry state secretary Gyorgy Czervan said.
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Japan purchases wheat instead of corn Japan, the world’s largest corn buyer, may buy less of the grain as feed-wheat imports almost quadruple this year to their highest level since 2001, as livestock producers seek to cut costs, Bloomberg reports.
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Hungary govt calls Moody's downgrade part of financial attacks on country Hungary's National Economy Ministry said a downgrade of the country's sovereign rating by Moody's Investors Service was "groundless" and it could do nothing else but consider it "part of financial attacks against Hungary".
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EFSA updates advice on environmental safety of GM maize 1507 The European Food Safety Authority (EFSA) has updated its scientific advice on the environmental safety of genetically modified maize 1507.
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Russian compound feed industry may soon move to ‘synthetic’ barley A new project to manufacture a standardized feed product - "synthetic barley" has recently been presented by Yuri Shushkevich, chief expert of project "Deep processing of soybeans," at a conference of deep processing of grains - "Greyntek."
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New Zealanders want to keep their land The sale of land to foreign buyers is shaping up to be a hot-button issue in New Zealand's Nov. 26 government election, with major opposition parties - Labour and Green - playing on domestic fears that foreigners are pricing locals out of the market.
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Issue of food vouchers to become state monopoly from 2012 The issue of food vouchers will become a state monopoly from January, the head of the issuer of the new "Erzsebet Vouchers" said.
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Hungary entertainment, media market set to grow annual 6.2pc till 2015 Hungary's entertainment and media industry is set to grow an average annual 6.2pc to reach HUF 924bn in 2015, according to an analysis by consultancy PricewaterhouseCoopers (PwC).
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One third of rejected products at EU borders relate to mycotoxins The European Union’s system for quick exchange of information on risks linked to food and feed has further grown in importance during 2010, the system’s annual report reveals.
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Dairy farm suffers from mycotoxins Overlooking the smallest detail can have a detrimental effect on feed use efficiency and performance – something which a dairy farm in the UK found out to their cost.
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Ukraine becomes tough grains export competitor again Corn and feed wheat from the Ukraine are becoming a strong competitor on the export markets again according to US Grains council regional director Cary Sifferath.
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Government to inject HUF 60bn in capital into state development bank MFB The government will inject HUF 60bn in capital into the state-owned Hungarian Development Bank (MFB) to help the bank and MFB group carry out their operations, a government resolution dated Thursday and published in the Official Gazette Magyar Kozlony.
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Oranges keep cows healthy Those thick, sharp-tasting orange peels that people would never dream of eating are “snack heaven” for cows. Not only does the cow get good roughage and vitamins, but it also gets an antimicrobial boost from the peel’s essential oils.
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EU 12-point antibiotic action plan released Today is European Antimicrobial Awareness Day and the European Commission yesterday published a 12-point five-year action plan on antimicrobial resistance.
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Dioxin cause in German beet pulp found Dioxin contaminated animal feed has now appeared in ten states in Germany. Residues were blocked and may not be fed, the cause has been identified. According to authorities, there is no danger to humans, animals and the environment.
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OTP Bank Q3 profit climbs 14pc to HUF 35.2bn After-tax profit of OTP Bank, Hungary's biggest commercial lender, rose 14pc to HUF 35.2bn in the third quarter from the same period a year earlier, the bank's consolidated IFRS report published.
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Lesaffre Symposium: Potential for yeast with Salmonella and Clostridium Live yeast may also be used to combat Salmonella and Clostridium in pig production. Romain D’Inca, swine research and development manager for Lesaffre Feed Additive, France, noted this during the company’s Symposium 2011, held last week in Lille, France.
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Govt takes decisions on more than HUF 28bn of big investments The government took decisions on three big investments worth more than HUF 28bn at a cabinet meeting on Wednesday, government spokesman Andras Giro-Szasz said.
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Dombegyhazi Agrar completes HUF 1.3bn hog farm renovations Agribusiness Dombegyhazi Agrar on Thursday inaugurated two hog farms renovated at a cost of HUF 1.3bn.
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Hendrix takeover makes ForFarmers European giant Netherlands based feed companies ForFarmers and Nutreco today have signed an agreement whereby ForFarmers takes over Hendrix UTD, the feed businesses of Nutreco in The Netherlands, Belgium and Germany, creating the largest feed firm in Europe.
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Cargill acquires shrimp feed mill in Vietnam Cargill Vietnam has completed the asset purchase of a shrimp feed mill located south of Ho Chi Minh City from Higashimaru Vietnam Co. The sale will give Cargill full ownership of the mill and will be Cargill’s first investment in Vietnam’s shrimp feed industry.
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Hungarian company sells maize to South Korea Hungarian maize grower MG. Produkt has sold 10,000 tonnes of maize to a South Korean company for HUF 500m.
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Commissioner Cioloş' Statement "I am extremely happy that Member States have resolved the problems that were blocking the Aid for the Needy scheme in 2012 and 2013. I have now asked my services to make the necessary changes in order to ensure the continuation of the scheme this winter. As we have shown in recent weeks, the European Commission wants to remain a committed partner for the charities involved in the scheme."
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Green Plains and BioProcess Algae complete 1st round of poultry feed trials Green Plains Renewable Energy and BioProcess Algae have successfully completed the first round of algae-based poultry feed trials.
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Dutch subsidies for low emission feeds Nine companies in The Netherlands will receive financial support for research on low emission animal feeds.
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Hungary farm gate price rise accelerates to 16.9pc in September Farm gate prices in Hungary rose 16.9pc yr/yr in September, accelerating from a 12.4pc increase in August, the Central Statistics Office (KSH) said.
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The United States may declare Hungary free of Swine Fever by next summer The United States of America may acknowledge that Hungary is free of Swine Fever by summer 2012, which in turn may boost Hungarian agricultural exports to across the Atlantic – Minister for Rural Development Sándor Fazekas told the Hungarian news agency MTI in Washington, following talks with leaders of the American Department of Agriculture.
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FDA lowers estimates on antibiotic use The Food and Drug Administration has significantly lowered its estimate of antibiotic use on farms after a report last month showed a 6.7pc increase in 2010. The FDA has since posted new numbers that show only a 1.3pc increase, which is on par with the increase in meat and poultry production.
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Kiotech International plans name change name to Anpario Kiotech International a leader in the manufacturing and marketing of high performance natural feed additives for global agriculture and aquaculture markets, will change its name to Anpario plc as of the 1 December 2011.
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Matusz-Vad plans HUF 700m frozen food warehouse Hungarian catering industry supplier Matusz-Vad plans to build a more than HUF 700m frozen food warehouse in the Gyor Industrial Park (NW Hungary), business daily Napi Gazdasag said.
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Stricter Monitoring of Foreign Wines Minister for Rural Development Sándor Fazekas ordered the stricter monitoring of imported wines on November 9, 2011. The stringent checks are justified by the large quantities of foreign wine entering the country.
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New dioxin find in Germany poses no danger German authorities said this week they saw no danger to the public after an animal feed ingredient was found to contain the highly-poisonous chemical dioxin above permitted levels.
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Hungary lobbies for more flexible trade in farm products with China Rural Development Ministry state secretary Endre Kardevan has lobbied for an easing of conditions for trade of farm products between Hungary and China at a meeting with Chinese officials in Beijing.
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European Commission puts Hungary GDP growth at 1.4pc in 2011, 0.5pc in 2012 The European Commission projected Hungary's economy will grow 1.4pc in 2011 and 0.5pc in 2012 in its European Economic Forecast for autumn published.
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Price of farmland in Hungary rises 4.8pc in H1 The price of farmland in Hungary rose 4.8pc in nominal-value terms and 1.6pc in real-value terms in the first half of 2011 from the entire year 2010, FHB Mortgage Bank CEO Laszlo Harmati said, presenting FHB's farmland index.
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Thai animal feed producers to get breaks on quotas The Thai government is to lift import quotas for animal feed raw materials for up to three years to help manufacturers make longer-term business plans.
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Tetrabbit exports cleared for Russia Hungarian rabbit meat processor Tetrabbit has been granted a permit to export to Russia and the Customs Union of Russia, the company said.
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Hungary trade growth slows, surplus widens in September Hungary had a EUR 741.5m trade surplus in September, up from and also up from an surplus a year earlier, the Central Statistics Office (KSH) said.
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Govt nixes any rise in local tax burden for businesses The government cannot support an increase in businesses' local tax burden, Janos Lazar, head of the parliamentary group of governing Fidesz, said at a press conference after a meeting of MPs and the government.
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Companies, researchers develop geothermal-powered fish farms A consortium of Hungarian companies and researchers has developed technology to raise Asian Seabass on geothermal-powered fish farms with an investment of HUF 465m, Istvan Szucs, a docent at the University of Debrecen, where some of the research for the project was undertaken said.
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Number of mandatory liquidations climbs 15.5pc yr/yr in October The number of mandatory liquidations initiated against Hungarian companies came to 1,659 in October, up 15.5pc yr/yr, company information provider Opten informed.
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Wheat classes and pig performance Canadian research took a closer look at chemical characteristics, feed processing quality, growth performance and energy digestibility among wheat classes in pelleted diets fed to weaned pigs.
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345 million Ft fine for five chain stores The Central Agriculture Office (MgSzH) has fined five commercial chain stores a total of 345 million forints for unfair conduct as distributors with regard to their suppliers. The Authority has obliged the corporations concerned to pay a product route supervision fine.
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Hungarians buy HUF 196bn of bread, bakery products in 2010 - GfK Hungarians bought HUF 196bn of bread and other bakery products last year, a gauge of household purchases by market researcher GfK Hungaria shows.
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Hungary, Slovenia to establish working group on farm compensation Hungary and Slovenia will establish a working group of experts within weeks to remedy the problems of compensation paid farmers for damages, Rural Development Minister Sandor Fazekas, after talks with his Slovenian counterpart Dejan Zidan.
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Hungary August trade surplus revised slightly up, growth confirmed in 2nd reading Hungary had a EUR 501.2m trade surplus in August, up slightly from a preliminary HUF 492.4m, and also up from EUR 354.8m in July and from an EUR 445m surplus a year earlier, the Central Statistics Office (KSH) said in a second reading.
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Cargill reduces GHG emissions at its US facilities Ongoing efforts by Cargill to improve energy efficiency and expand its use of renewable energy sources enabled the company to exceed the Chicago Climate Exchange's (CCX) required six percent annual greenhouse gas (GHG) reduction target.
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Improved margin lifts Zwack Unicum profit 20pc in H1 After-tax profit of Zwack Unicum, Hungary's most famous spirits maker, rose 20.2pc to HUF 894m in the first half of its business year started April 1 from the same period a year earlier as margins improved, the company's IFRS report published.
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Canada: More opportunities for grain farmers The Harper Government is working to strengthen the Canadian cropping sector by maintaining and expanding market access and returning to Western grain farmers the right to market their wheat and barley in the best interest of their farm businesses.
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Natl land manager launches tenders for lease of state-owned arable land Hungary's National Land Fund Management Organisation (NFA) has launched the issue of public tenders for lease of 65,000 hectares of state-owned agricultural land, body President Robert Sebestyen announced.
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New Tilting Mobile Flexible Screw Conveyor from Spiroflow Over the years, Spiroflow has manufactured mobile conveyors with tilting support beams to meet the needs of individual customers.
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Fidesz MPs propose bioethanol excise tax rise, reintroduction of excise tax stamp on wine MPs of governing Fidesz have submitted amendments to tax bills that would nearly double the excise tax on bioethanol and reintroduce the excise tax stamp on wine.
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Hungary jobless rate edges down to 10.7pc in July-Sept The average unemployment rate in Hungary was 10.7pc in the 15-74 age group in July-September, down from 10.8pc in June-August, the Central Statistics Office (KSH) said.
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Canadian Wheat Board launches lawsuit against Canada Govt Canadian Wheat Board’s board of directors have announced that they are taking legal action against the federal government in defense of Prairie farmers' democratic rights.
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New website for Cargill’s feed and animal nutrition customers Cargill has launched a new website www.cargill.com/feed, specifically designed to serve current and prospective customers in the feed and animal nutrition industries globally.
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Amendments would exempt some products from tax on unhealthy foods MPs of governing Fidesz have submitted amendments that would exempt some products from a tax on unhealthy foods.
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Continental Teves Magyarorszag lays cornerstone of HUF 3.8bn expansion Automotive industry supplier Continental Teves Magyarorszag on Thursday laid the cornerstone of a HUF 3.8bn expansion at its plant in Veszprem (W Hungary).
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New economic model taking shape in Hungary, says PM A new economic model is taking shape in Hungary, a model in which value creation is based on work and human effort, Prime Minister Viktor Orban said in Parliament.
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Ministry prepares National Energy Efficiency Action Plan The National Development Ministry said it prepared a National Energy Efficiency Action Plan.
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Floods destroy nearly 2.5 million hectares of crops in SE Asia The devastating floods that have left hundreds dead in south-east Asia may cause further problems for the region as millions of hectares of crops have been destroyed, the United Nations warned.
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EU tightens control on dioxins in food and feed Member states have endorsed a draft regulation governing the handling of crude vegetable oils to the European Commission in order to get a firmer grip on dioxin contaminations in food and feed.
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Bekesi Palinka sees revenue climbing to HUF 500m in 2011 Bekesi Palinka, a distiller of palinka, Hungary's eau de vie, expects revenue to reach HUF 500m this year, up from 427m in 2010, owner and managing director Zoltan Bekesi said.
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National Bank of Hungary leaves rates on hold for ninth month in a row The Monetary Council of the National Bank of Hungary voted to keep the central bank's key rate on hold at 6.00pc at a meeting on Tuesday, the NBH said.
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Kometa 99 inaugurates HUF 2bn investment at meat plant Hungarian meat company Kometa 99 on Tuesday inaugurated a HUF 2bn salami curing plant and a renovated slaughterhouse at its base in Kaposvar (SW Hungary).
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First animal feed plant in mid Iraq The first animal feed plant was opened in Iraq last week by a local investor at a cost of 6 million dollars, the Karbala's Investment Director announced.
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Record yields seen for some Australian wheat crops Northern areas of Western Australia's wheat belt are on track for record production.
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MOL partners with Austrian peer for exploration, production in SW Hungary Hungarian oil and gas company MOL on Monday said it signed an agreement with Austria's Rohol-Aufsuchungs (RAG) on joint exploration of and production in the Inke concession in southwest Hungary.
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Land fund, national asset manager to exercise joint ownership over 50,000 hectares Hungary's National Land Fund Management Organisation (NFA) and the Hungarian National Asset Management Company (MNV) will exercise joint ownership rights over about 50,000 hectares of land under a decree recently approved by the government, the rural Development Ministry said.
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China already buying Hungarian bonds China has already started buying forint-denominated Hungarian government bonds, National Development Minister Tamas Fellegi told journalists in London.
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Feed Management Systems announces new solution partner for China Feed Management Systems (FMS), an award-winning developer of software solutions for the global commercial animal feed manufacturing industry, announced that Asian Agribusiness Consulting is a new FMS Solution Partner for China.
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Algae eyed as biofuel and animal feed The lowly algae may soon be a useful biofuel and a source of animal feeds but only if the agricultural and energy sectors focus their efforts on tapping it, the Philippine government said.
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EU and Russia agree terms for Moscow's eventual WTO accession The EU’s Trade Commissioner Karel De Gucht announced that the last remaining bilateral issues for the EU in Russia's accession to the World Trade Organisation have been resolved.
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Animal welfare: Commission urges Member States to implement ban on hen cages or risk facing legal action The European Commission once again urged the Member States to implement a ban on un-enriched cages for laying hens, which enters into force on 1st January 2012, and warned that it will adopt measures against those that will fail to comply with the relevant EU legislation.
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Nutreco buys out Chinese fish and shrimp feed company Nutreco announced that it has successfully completed the acquisition of 100% of the shares in Zhuhai Shihai Feed Co. Ltd. (Shihai), a reputable and profitable fish and shrimp feed company in China.
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EFIP calls for harmonised EU feed safety assurance “The members of the European Feed Ingredients Platform share a common vision on safety assurance in the feed chain, which includes the call for a pan-European reach with a harmonisation approach and effective reduction of numerous audits for operators”, Didier Jans, the chairman of EFIP, said.
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Turkey on the brink of allowing ten more GM-feeds The deadline for public input on Turkey’s biosecurity committee’s recent regulation to allow the import of 10 kinds of animal feed made from genetically modified organisms (GMO) passed last week.
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Strong growth in commercial amino acids market Widely referenced as the ‘building blocks’ of proteins, amino acids are currently used within the animal feed and food additives industry, and there is strong commercial interest in developing new applications, according to a new report available on companiesandmarkets.com.
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Norway and Indonesia team up to double fish output The Indonesian government’s effort to double its fishery production, which includes fish, shrimp and seaweed, by 2015 has led to an unlikely partnership with Norway.
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Ministry cuts top-up for sugar beet farmers because of spending freezes Hungary's Rural Development Ministry is cutting this year's national top-up for sugar beet farmers by HUF 800m because of spending freezes, agriculture state secretary Gyorgy Czervan at a press conference.
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Cargill Q1 Cargill Inc. reported a 66pc slide in first-quarter profit as volatile markets limited opportunities for the world's largest agricultural commodity trader, though revenue rose by a third.
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Hungary farm sector output climbs 10pc in 2010 Output of Hungary's farm sector rose about 10pc last year, reaching HUF 1,800bn, Rural Development Minister Sandor Fazekas told Parliament's Agriculture Committee.
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Gross wage growth accelerates to 6.5pc yr/yr in August Gross wages in Hungary rise 6.5pc in August from the same month a year earlier, the Central Statistics Office (KSH) said.
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One-third of Russia’s grain is sub-standard Research carried out by specialists of ‘Center for Quality Assessment of grain’ has been found that almost one third of Russian grain is sub-standard.
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Government to phase out crisis taxes, halve bank levy from 2013 as planned The Hungarian government plans to phase out the so-called "crisis taxes" and halve an extraordinary bank levy from 2013, in line with earlier announcements, an appendix submitted to the 2012 budget bill.
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Hankook Tire Magyarorszag expansion reaches full capacity Korean-owned Hankook Tire Magyarorszag's EUR 230m expansion has reached full capacity, communications manager Katalin Roy said.
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Bonafarm unit completes HUF 450m irrigation system Dalmand, a unit of Hungarian agribusiness Bonafarm owned by food industry magnate Sandor Csanyi, has completed a HUF 450m irrigation system on 527 hectares of farmland, Bonafarm PR manager Tamas Eder informed.
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FDA recalls salmonella suspected soy meal Thousands of bags of soy flour, which is used to make human and animal feed products, are being recalled due to possible Salmonella contamination.
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Competition Office fines Spar almost HUF 17m for data provision shortfall Hungary's Competition Office (GVH) on Friday said it fined supermarket chain SPAR about HUF 17m for failing to supply it with data in an appropriate matter.
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Lipot spa builds HUF 132m campground The privately-owned Lipot spa (NW Hungary) is building a HUF 132m campground next to the baths, director Petra Pannonhalmi said.
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GM approval system in EU too slow for Biotech firms Europe's biotechnology industry has warned the European Commission that agricultural imports vital to EU food security are increasingly being put at risk, due to the slow pace of the bloc's approval system for genetically modified (GM) crops.
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Azerbaijan potential market for Hungarian medicines, food and machinery Hungarian pharmaceuticals, food products and machinery could find a market in Azerbaijan, Azerbaijan's deputy economic development minister Sevinj Hasanova told Hungarian journalists in Baku.
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Hungary joins Alps-Adriatic GMO-free region Hungary has joined the Alps-Adriatic GMO-free region, under a resolution approved by Parliament earlier in the week, the Rural Development Ministry informed.
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New CAP should stimulate productivity of EU agriculture Fefac, representing the EU compound feed and premix industry, welcomes the new Commission’s legislative proposals on the Common Agricultural Policy (CAP) with high expectations.
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Government announces home grants and interest rate subsidies programme The government will reintroduce home-acquisition grants for families with children and plans to provide an interest rate subsidisy for forint home loans in 2012, National Economy Minister Gyorgy Matolcsy announced.
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Vietnamese feed firms face lack of raw materials The shortage in national produced raw materials has caused numerous difficulties to domestic animal feed production, according to the Ministry of Industry and Trade in Vietnam.
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September passenger numbers at Liszt Ferenc Airport reach all-time high Passenger numbers at Budapest's Liszt Ferenc International Airport exceeded 894,000 in September, climbing 6.1pc yr/yr to reach an all-time monthly record, airport operator Budapest Airport said.
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Hungary consumer prices rise unchanged 3.6pc yr/yr in September, less than expected Consumer prices in Hungary climbed 3.6.pc in the twelve months to September, at a rate unchanged from August, and below analysts' expectations.
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Magyar Posta prepares for postal market deregulation State-owned Hungarian postal company Magyar Posta is preparing to expand its investment and telecommunications services, while outsourcing post offices in the countryside before the deregulation of the market in 2013, CEO Laszlo Geszti said at a press conference.
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First rebuilt bridge over Ipoly inaugurated The first reconstructed bridge over the Ipoly River connecting Hungarian and Slovakia was inaugurated.
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MVM buys out partner's stake in Bakonyi power plant The state-owned Hungarian Electricity Works (MVM) on Tuesday said it completed the buyout of its partner's stake in power Bakonyi Villamos Muvek Termelo (BVMT).
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Bonduelle Central Europe revenue climbs 20-25pc in 2010/11 business year The Hungarian unit of French food company Bonduelle had revenue of HUF 25bn in its business year ended June 31, up 20-25pc from the previous twelve-month period, Bonduelle group's chief executive for Southern European and Hungary Pascal Piret said at a press conference at the company's plant in Nagykoros (E Hungary).
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Claas Hungaria inaugurates industrial rail line, starts R+D base German-owned farm machinery maker Claas Hungaria on Monday inaugurated an industrial rail line at its plant in Torokszentmiklos (E Hungary) and laid the cornerstone of a research and development base.
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Magyar Cukor launches HUF 1.1bn fermentor project Sugar refiner Magyar Cukor, a unit of Austria's Agrana, launched a project to build a HUF 1.1bn fermentor at its base in Kaposvar (W Hungary).
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Hungary farm sector output grows 10pc in 2010 Total output of Hungary's farm sector was worth HUF 1,800bn in 2010, up 10.1pc at current prices from 2009, according to a report published on the website of Parliament.
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Erste Group sees EUR 312m write-down, EUR 450m in extra provisions in Hungary Austria's Erste Group said it expected to write down EUR 312m of goodwill and make additional risk provisions of HUF 450m related to its activities in Hungary.
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Hungary farm gate price rise slows to 12.4pc in August Farm gate prices in Hungary rose 12.4pc yr/yr in August, slowing from a 24.9pc increase in July, the Central Statistics Office (KSH) said.
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DDGS According to the Poultry Science Association (PSA), researchers at the University of Nebraska have identified one possible approach that may be effective for laying hens: increasing the percentage of dried distillers grains with solubles (DDGS) used in hens’ diets.
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Three decades of formic acid production at Kemira Kemira Oyj has produced formic acid for 30 years now. The production of formic acid has been expanded gradually, and the current production volume is over 100,000 tons per year.
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Hungary requests derogation that would give electricity generators free CO2 quotas Hungary has submitted a request to the European Commission for a derogation that, if approved, would temporarily allow the country's electricity generators a specific CO2 quota free of charge, documents published on the government's website show.
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China bans production and sale of clenbuterol China has banned the production, sale and use of clenbuterol tablets, a medicine used to treat bronchial asthma that has also been illegally used by farmers to make their pigs leaner.
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New USDA stocks data decreases grain price estimates Goldman Sachs downgraded its grain price forecasts, after higher-than-expected US stocks data last week eased fears of a shortfall of corn supplies.
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Troubled grain company Cerbona offered for HUF 5.7bn The liquidator of grain-based food maker Cerbona has called a new tender to sell the company's property, equipment and other assets, which have been under liquidation since May, for HUF 5.7bn, the business daily Napi Gazdasag said.
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Hungary, Sweden to promote joint bioenergy projects Hungary and Sweden agreed to promote bioenergy programmes and strengthen disaster-response mechanisms within climate policy.
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Hungary could become Chinese trade, logistics centre for region, says ChinaCham Hungary head Hungary could become China's centre for trade and logistics in Central and Eastern Europe.
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Modern technology could double Hungary mushroom output Hungary could double its mushroom output if growing techniques are modernised.
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Reverse taxation could bring up to HUF 1.5bn per month in tax revenue in farming Cereals, oil seeds, live poultry and hogs, and poultry meat and pork could be the farming products where the introduction of reverse taxation could yield positive results, namely additional budget revenues between HUF 1.2bn-1.5bn per month.
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Orban sees "beautiful future" for financial cooperation between Hungary, Saudi Arabia Hungary and Saudi Arabia "stand before a beautiful future in terms of financial cooperation".
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EFIP feed safety schemes at the European Commodity Fair The European Feed Ingredients Platform is pleased to announce its participation in the 51st European Commodities Exchange in Rotterdam 6-8 October. The three feed safety assurance schemes under the EFIP umbrella, GTP, Fami QS and EFISC, invite you for a visit to the EFIP stand.
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Orban proposes Saudi-Hungarian Joint Committee Prime Minister Viktor Orban told Saudi business leaders in Riyadh that he proposed the establishment of a Saudi-Hungarian Joint Committee.
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Zala Poultry Processing completes HUF 1.5bn plant in W Hungary Zalai Baromfifeldolgozo Kft [Zala Poultry Processing LLC] has completed a HUF 1.5bn poultry-processing plant in western Hungary, the business daily Napi Gazdasag reported.
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China looks at GMO technology to boost corn output According to a senior Chinese government official, China will focus on raising domestic corn production to meet the rising demand and is testing use of genetically modified organism (GMO) technology to boost output.
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Beetle develops resistance to GM corn The Western rootworm beetle, one of the most serious threats to corn, has developed resistance to Monsanto’s Bt-corn and entire crops are being lost.
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Armenia stimulates animal feed production A large compound feed production plant in the Kotayk region is due to open at the end of 2011. It is part of a large investment project aimed to stimulate the livestock industry in the country and the first to be built.
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Govt submits 2012 budget bill to Parliament The government submitted its 2012 budget bill to Parliament, government spokesman Andras Giro-Szasz said.
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Grain conference sponsored by US poultry org The 2011 Grain Forecast and Economic Outlook Conference will address the latest developments in the rising price of corn, along with other notable sessions to keep grain and feed ingredient purchasing managers informed on current events.
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Mezohegyesi Menesbirtok expects to close 2011 in the black Hungarian-owned agribusiness Mezohegyesi Menesbirtok expects to close 2011 with profit of HUF 180m on revenue of HUF 5.5bn, CEO Mihaly Kun said.
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Hungarian National Rural Development (MNVH) Council established The Hungarian National Rural Development (MNVH) Council was established at the National Farm and Food Industry Exhibition (OMEK) in Budapest.
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Finnish animal feed found to contain banned cow part A Finnish food manufacturer, Saarioinen’s, has admitted they have been using cow intestines in animal feed for years.
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Mozambique proposes law to axe VAT on animal feed raw materials A new law proposed by Mozambique’s government plans to make raw materials used for the production of animal feed to be exempt from VAT.
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Pasta maker Gyermelyi's revenue climbs 13pc in 2010 Hungarian pasta maker Gyermeyli Tesztagyar had consolidated revenue of HUF 15.9bn in 2010, up 13pc from a year earlier, the company said.
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Yongjiu Jerry Cai joins Diamond V China Diamond V, a global supplier of nutritional fermentation products, has hired Dr. Yongjiu Jerry Cai as Chief Technical Officer of Diamond V China.
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Cargill official opens grain silo in Drobeta Turnu Severin Cargill newly-acquired grain silo in Drobeta Turnu Severin, in South-Western Romania was officially opened by Martin Schuldt, head of Cargill’s business in Romania, at an event attended by Marius Balu, president of Mehedinti county council, local authorities, Cargill employees and customers.
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Britains food agency wants ministers to reject EU proposal on PAP Britain’s Food Standards Agency has advised government ministers to not support a European proposal to relax the rules on the use of abattoir waste in animal feed.However the NFU has objectes to the FSA’s advice saying the agency is giving uninformed public opinion more weight that science.
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Hungary jobless rate unchanged 10.8pc in Jun-Aug Hungary's average unemployment rate was 10.8pc in the 15-74 age group in June-August 2011, unchanged now for the third three-month period and down from 11.0pc in June-August 2010, the Central Statistics Office (KSH) said.
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Intersnack International scraps plans to bring capacity to Hungary because of tax Netherlands-based Intersnack International is scrapping plans to boost production at its Hungarian unit because of the introduction of a tax on food high in sugar, salt, carbohydrates and caffeine from September 1, regional daily Kisalfold said.
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PM sees chance for farm sector to appreciate The debt crisis in the eurozone may be the cause of much damage, but it brings with it the chance for Hungary's farm and food industries to grow in value, Prime Minister Viktor said at the opening of National Farm and Food Industry Exhibition (OMEK) in Budapest.
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Bonafarm eyes farms in Zambia Hungarian agribusiness Bonafarm is one of two parties shortlisted in a bid for three big farms in Zambia, business weekly Figyelo said on Wednesday in a teaser for a story to be published in its issue out Thursday.
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A-Hid completes HUF 9bn bridge in Slovakia Hungary's A-Hid, a unit of Hidepito, has completed a 1,180m bridge on Slovakia's R1 motorway ahead of the deadline, project manager Laszlo Takacs told in Nitra.
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Taiwan and US Associations sign deal on corn purchase Taiwan’s Feed Industry Association (TFIA) has signed a letter of intent to purchase US corn.
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US$250 million loan for expansion Charoen Pokphand, Indonesia’s largest animal feed and processed chicken manufacturer, has secured the approximately of US$250 million in loan facilities from a group of foreign and local banks to finance its expansion.
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Master Good inaugurates HUF 1.6bn renovation, expansion Hungarian agribusiness Master Good inaugurated a HUF 1.6bn renovation and expansion at its poultry processing base in Kisvarda (NE Hungary).
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Early repayment scheme no threat to OTP Bank, says CEO OTP Bank's capital adequacy ratio would remain well over the requirement even if all of its clients were to avail of an early repayment scheme for foreign currency-denominated mortgages, Sandor Csanyi, chairman-CEO of OTP Bank, Hungary's biggest commercial lender, said at a presentation organised by the Spin-Off Klub.
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Research: breeding heifers can eat less thus reducing costs A two year study has concluded that heifers being prepared for breeding can safely eat 20% less during the seven months between weaning and breeding, saving producers US$21 (€15.56) per animal.
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Chinese firms starts animal feed production in Vietnam Sichuan Tequ Group, a Chinese company, started production of animal feed in Vietnam’s northern Bac Giang Province this month. The largest Chinese-funded feed manufacturing operation in Vietnam.
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Hungary farm minister meets with Kazakh PM Rural Development Minister Sandor Fazekas met for talks with Kazakh Prime Minister Karim Massimov in the capital Astana on Friday, the ministry's press office said.
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18th Hortus Hungaricus opens in Budapest The 18th Hortus Hungaricus International Gardeners Exhibition opened in Budapest's Syma Events Centre.
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Last-minute changes to bill better for spirit makers, worse for tobacco companies MPs of governing Fidesz made last-minute changes to a bill late Monday that would raise the excise tax on cigarettes more than planned and the excise tax on spirits less than planned in the original bill.
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Fevita shareholders to decide on delisting in October Shareholders of frozen foods company Fevita will decide on delisting from the Budapest Stock Exchange at a general meeting on October 25, an announcement on the bourse's website shows.
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India predicted to go from soybean exporter to imported by 2015 India is currently the world’s fith largest soybean producer contributing about 5% to global output, but according to the United Soybean Board they could become a net importer by 2015.
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US pork producers use six times more antibiotics than Danish counterparts The US uses approximately six times more antibiotics to produce about 1kg of meat than Denmark, that is according to a Danish food official in a presentation in Chicago, Illinois, earlier this week.
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Bosch inaugurates EUR 20m plant in Hungary German engineering giant Bosch on Thursday inaugurated a EUR 20m automotive technology plant at its base in Miskolc (NE Hungary).
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Hungary farm minister holds talks in Kazakhstan Rural Development Minister Sandor Fazekas met with representatives of the Kazakhstani government to discuss cooperation in the areas of seed production as well as the raising and breeding of beef cattle in the capital Astana, the ministry's press office said.
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ContiTech to build rubber mix plant in Nyiregyhaza German rubber and plastics technology company is considering building a EUR 5m rubber plant in the Hungarian city of Nyiregyhaza, managing director Hannes Friederichsen told locals at a press conference.
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Univer Product expects stagnating revenue in 2011 Univer Product's management expect the Hungarian-owned food company's revenue to be close to the HUF 15.1bn in 2010, CEO Karoly Molitorisz said at a press conference.
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UniCredit could freeze expansion in Hungary because of early repayment scheme Italy's UniCredit group is considering putting on hold plans to expand its network in Hungary because of an early repayment scheme for foreign currency-denominated mortgages that makes bank cover the cost of a discounted exchange rate, Giani Papa, CEE director for UniCredit unit Bank Austria, said of Austrian business daily Wirtschaftsblatt.
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PricewaterhouseCoopers opens up in Gyor Consultants PricewaterhouseCoopers (PwC) opened its first office in the Hungarian countryside in Gyor (W Hungary).
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Russian livestock industry could face collapse Experts predicted that the rising price of grain at the end of last year and early this year will greatly affect the economics of livestock and poultry enterprises.
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Hungary wheat harvest up more than 10pc in 2011 Hungarian farmers harvested 4.13m tonnes of wheat this year, up 10.3pc from 2010, the Central Statistics Office (KSH) said.
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Hungrana starts capacity expansion at isoglucose plant Hungarian isoglucose maker Hungrana is expanding capacity at its plant in Szabadegyhaza (W Hungary) by almost 20pc.
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New Zealand grain supplier found guilty of dishonest behaviour Palm kernel retailer J Swap Contractors has been ordered to pay NZ$4.6 million in damages after being found guiltry of “dishonest” behaviour.
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China: record high corn crop expected China’s corn crop this year is expected to reach a record high of more than 180 million tonnes, according to a senior expert from a State think tank.
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Hungerit sees rising revenue in poultry Hungarian poultry processor Hungerit expects to close 2011 with revenue of HUF 35bn-36bn, up from HUF 30bn in 2010 because of an expanding market, CEO Jozsef Magyar told.
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Bunge controls 70-75pc of Hungary cooking oil market Hungary's Bunge controls 70-75pc of the domestic cooking oil market, CEO Laszlo Papula told MTI at an event organised by supermarket franchise operator Co-op.
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MAL to appeal HUF 135bn toxic sludge fine Hungary's MAL will appeal a HUF 135bn fine for environmental damages resulting from a burst sludge reservoir at its alumina plant in Ajka (NW Hungary), the company said.
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France retains ban on GM Maize despite EU Court opinion The French government still refuses to lift its ban on growing genetically modified corn in France, despite the European Court of Justice saying that France's 2008 prohibition against Monsanto's MON810 variety was out of line on procedural grounds.
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Tobacco company Continental's revenue climbs to HUF 20bn in 2010 Hungarian tobacco company Continental Dohanyipari Csoport had consolidated revenue of about HUF 20bn in 2010, CEO Csaba Fuzi said.
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New prestarter feed reducing stress in piglets French animal nutrition company CCPA launches its global approach around demedicalisation at SPACE, in Rennes, France. Core product in this approach is the prestarter feed Ax’Écla.
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Coop group retains 15pc market share in Hungary The food retailer Coop Group has managed to retain its 15pc share of the Hungarian market in spite of the crisis, CEO Laszlo Muranyi said.
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Bioenergie inaugurates HUF 4.5bn biogas plant, Hungary's biggest Germany's Bioenergie on Tuesday inaugurated a HUF 4.5bn biogas plant in Szarvas (SE Hungary), the country's biggest.
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Schaumann launches supplementary feed for poultry To keep a flock performing efficiently in critical situations or at times of high productivity, it is important to take targeted action via short-term administration of active ingredients in the drinking water.
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Hungarian companies show at Romanian farm, food fair Twenty-five Hungarian companies showed at the Agromalin International Farm and Food Industry Expo in the Romanian city of Arad on September 8-11, the Hungarian Investment and Trade Agency (HITA).
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PM Orban unveils National Protection Plan Prime Minister Viktor Orban outlined the government's National Protection Plan for MPs in the first sitting of the autumn session.
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Sugar Holding builds HUF 7.4bn greenhouse Hungarian agribusiness Sugar Holding is building a HUF 7.4bn greenhouse heated by geothermal energy, managing director Laszlo Miszori said.
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Hungary farm gate price rise slows to 24.9pc in July Farm gate prices in Hungary rose 24.9pc yr/yr in July, slowing from a 35.3pc increase in June, the Central Statistics Office (KSH) said.
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Nitrogenmuvek pays back MFB loans Artificial fertiliser maker Nitrogenmuvek on Friday said it paid back its loans from the Hungarian Development Bank (MFB), together with interest and fees, in two installments.
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New animal feed plant planned for Vietnam’s Ho Chi Minh City A joint investment between Japanese firms Sojitz and Kyodo Shiryo of 2 billion Japanese yen (US$26 million) to build an animal feed processing plant in the outskirts of Ho Chi Minh City has been confirmed.
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Research: DDGS in pigs In a study at Lyons Research Farm in Ireland the response of growth performance, nitrogen, and phosphorus excretion of growing–finishing pigs to diets containing incremental levels of maize dried distiller's grains with solubles was investigated.
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Takeover of mill boosts PannonMill market share to over 25pc Hungarian milling company PannonMill's takeover of operations at a mill in Baja (SW Hungary) next year will raise its market share from 20pc to 25-26pc, chairman-CEO Zoltan Poor told journalists.
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Borer moth prompts record sowing of biotect corn Losses caused by the corn borer moth have prompted Portugal and Spain, Europe's top adherents of genetically modified seed, to increase sowing of biotect corn to a record high this year.
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Natural plant extracts can reduce dairy farm odours and feed costs Adding natural plant extracts to cow feed can reduce levels of gas emmissions by one-third while also reducing the need to fortify cow feed with expensive protein supplements. This is according to scientists at the recent 242nd National Meeting of Exposition of the American Cemical Society (ACS).
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Government to raise refunds, maintain exemptions on increased diesel excise tax The government will implement a commensurate raise in the current refunds and rebates and maintain the present exemptions on payment of the excise tax on diesel fuel following its HUF 13-per-liter increase on November 1, the National Economy Ministry announced.
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Diesel excise tax increase to raise prices at the pump by HUF 16 per litre A government decision to raise the excise tax on diesel fuel will raise prices at the pump by more than HUF 16 per litre, including the effect of VAT, to HUF 387 per litre, or over HUF 400 at stations on motorways.
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Russian government subsidizes feed purchasing Ministry of Agriculture of the Russian Federation has transferred 5 billion rubles (US$ 173 mln) to the regions for the purchase of animal feeds.
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Govt to raise excise taxes, gambling tax to plug HUF 100bn gap Hungary's government has decided to raise the excise tax on cigarettes, alcohol and diesel fuel as well as the gambling tax to fill a HUF 100bn "hole" in this year's budget because of lower than expected growth, National Economy Minister Gyorgy Matolcsy said after a two-day government session.
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Jammed railcars frustrate Russian grain export Due to major logistic problems with rail transport Russia's resurgence as a leader in world grain markets could come under threat this year forcing dealers to delay, reroute - or even cancel - export contracts.
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Hungary expects best tobacco crop in years Hungarian tobacco farmers expect their best harvest in years this year after one of the worst in 2010, Illes Benyei, head of the Hungarian National Association of Tobacco Growers (MADOSZ) said.
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||
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Argentina allows Bayer to sell GM soy seeds By approving Germany based Bayer CropScience genetically modified soybeans Argentina has cleared the way for sales in this top producing country.
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||
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Capital raised at Bonafarm units Capital raises of more than HUF 4bn have been made or are underway at members of the Bonafarm group, owned by Hungarian food industry magnate Sandor Csanyi.
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||
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Poet recognises antibiotic issue in DDGS US ethanol maker Poet says it has adjusted its production process in order to sell certified antibiotic-free dried distillers grains with solubles (DDGS). The company said that it had spent several years developing an ethanol production process that didn’t require antibiotics.
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||
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New feed mill boosts Iraq’s poultry industry Vano Group, parent company of Rasun Poultry, the Ross Grandparent (GP) distributor in Iraq, has recently completed and commissioned a state-of-the-art feed mill just outside the city of Erbil.
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Farmers to receive damages of HUF 360,000 per hectare for GMO-tainted cropland The government will offer farmers compensation of HUF 360,000 per hectare for GMO-tainted cropland, the Ministry of Rural Development said.
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||
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Chances for sustainable soy in north-western Europe Dutch feed cooperative Agrifirm is actively involved in two research projects investigating the possibilities of growing soybeans in north-western Europe.
|
||
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Brewers' association names new president The Association of Hungarian Brewers (AHB) has appointed Klara Csik Kovacs to serve as the organization's new president effective from September 1, the AHB said.
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||
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Gov't makes HUF 930m available for development of rural homesteads and infrastructure The government has made HUF 930m available for the development of rural homesteads and infrastructure in Hungary, Ministry of Rural Development State Secretary Jozsef Angyan announced.
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||
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Farming Ministry to provide EU-funded grants to upgrade wine-production plants The Ministry of Rural Development (VM) is to offer grants worth a combined EUR 4m in the year 2011-2012 to help modernise wine-production plants in Hungary, the ministry said.
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||
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Asia feed expo is nearing Fiaap Asia, Victam Asia, & Grapas Asia 2012 are nearing as the shows are open from 15 - 17 February next year. They will be held in the purpose-built exhibition and conference centre of BITEC – the Bangkok International Trade & Exhibition Centre.
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Govt approves proposal on 2012 budget draft in first reading The government has discussed and approved proposed legislation on the 2012 budget and related proposals in a first reading, Prime Minister's Spokesman Peter Szijjarto said in a statement.
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||
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Prime Minister sees further debt reduction Hungary's government will announce a further debt reduction equivalent to several percentage points of GDP in the coming week, Prime Minister Viktor Orban said on public radio MR1.
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||
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Hungary govt to launch revolving credit scheme for farmers Hungary's government will launch a programme on September 1 that gives farmers revolving credit lines up to HUF 25m, Rural Development Minister Sandor Fazekas said at a press conference.
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Linamar Hungary shares to be delisted Canadian-owned automotive industry supplier and farm machinery maker Linamar Hungary said its shares would be delisted from the Budapest Stock Exchange on September 7.
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||
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MKB H1 losses narrow as risk provisioning falls MKB Bank, the Hungarian unit of Germany's BayernLB, had a first-half after-tax loss of HUF 19.1bn, narrowing from a HUF 53.8bn loss in the same period a year earlier as risk provisioning dropped, the bank's consolidated IFRS report published.
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New Vip strip helps manage corn export risk EnviroLogix has released the QuickStix Kit for Vip3A, a rapid test strip to detect the presence of the Vip3A protein in bulk corn grain. With a limit of detection of 0.25pc, the test strip can be utilized in both commodity and identity preservation supply chains.
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Budapest Bank profit jumps in H1 as provisioning for lending losses drops Budapest Bank, the Hungarian unit of GE Money Bank, had consolidated after-tax profit of HUF 11.16bn in the first half, up 72pc from the same period a year earlier largely because of a HUF 10bn drop in risk provisioning, the bank said.
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Hungary jobless rate unchanged 10.8pc yr/yr in May-July Hungary's average unemployment rate was 10.8pc in the 15-74 age group in May-July 2011, unchanged from 10.8pc in April-June and down from 11.0pc in May-July 2010, the Central Statistics Office (KSH) said.
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Syngenta sues Bunge over rejection of GMO corn type Syngenta Seeds has filed suit against major grain handler Bunge for refusing to accept a new type of its biotech corn.
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Home Protection Monitoring Committee holds first meeting The Home Protection Monitoring Committee held its first session on Friday, Prime Ministerial Spokesman Peter Szijjarto announced.
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Ethanol predicted to consume more corn than livestock For the first time in US history vehicles are predicted to use more corn than livestock this year. According to USDA estimates, 5.1 billion bushels of corn will be used to make ethanol this year, compared to 4.9 billion for livestock feed.
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Thailand agribusiness report Q4 2011 The Thai agriculture sector consistently contributes an average 11% to the country's GDP and employs about one-third of the total working population.
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Magyar Posta has new CEO The National Asset Management Company (MNV) has appointed Laszlo Geszti to serve as CEO and member of the board of directors of Magyar Posta Zrt as of September 1, MNV said.
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Minimum wage in public work schemes to be HUF 57,000 per month from September The monthly wage of full-time workers employed in public work schemes will be HUF 57,000 or HUF 78,000 depending on whether the job requires qualifications or not, according to a government decree effective from September 1, published in the official gazette Magyar Kozlony.
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Phylaxia raises capital by HUF 350m through private placement Hungarian veterinary-drug company Phylaxia raised company capital through a private placement of 14m new shares, Phylaxia reported.
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Polish president finds GMO law "legal junk" President Bronislaw Komorowski has delayed making a decision on whether to sign a controversial GM crops law in Poland. Though he is pro-GM, he says the bill, as written, is “legal junk”.
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Ukrainian wheat exports to have little impact on domestic prices, growers alliance chief says Wheat exports from Ukraine will not significantly affect the price of wheat in Hungary, National Alliance of Wheat Growers director Jozsef Vancsura said.
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GMO working group holds first session on Tuesday A GMO working group, set up by the government to enforce regulations concerning GMO-free agriculture in Hungary, held its first session on Tuesday, the Ministry of Rural Development announced.
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Matusz-Vad expects sales of HUF 7bn in 2011 Hungary's Matusz-Vad, a supplier of frozen food to the catering industry, expects turnover of HUF 7bn for 2011 based on HUF 3.4bn net revenue in H1, marketing manager Klaudia Tanos said.
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Autumn wheat, barley harvest completed in Hungary The harvest was completed in Hungary at the weekend, with around 4m tonnes of autumn wheat stored into grain warehouses, the Ministry of Rural Development said.
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Linamar Hungary's Q2 profit rises 42pc Automotive parts and farm machinery maker Linamar Hungary posted after-tax profit of HUF 436.9m on revenue of HUF 9.4bn in the second quarter, up 41.8pc yr/yr and 26.4pc yr/yr, respectively, from Q2 2010, the company announced in its unaudited first-half management report.
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Hungarian competition office fines Auchan HUF 30m Hungary's competition office (GVH) has fined retailer Auchan Magyarorszag HUF 30m for failing to provide the data requested by GVH in spite of being repeatedly called upon to do so, GVH said.
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OTP Q2 satisfactory; outlook unimproved by slowdown of global recovery OTP Bank's second quarter was satisfactory, but an apparent slowdown in the global recovery does not improve the outlook for the short- or mid-term, deputy-CEO Laszlo Bencsik said after the bank published its Q2 report.
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Old Bridge obtains AFIA Safe Feed/Safe Food certification Minerals supplier Old Bridge Chemicals has been certified by the American Feed Industry Association (AFIA) for its Safe Feed/Safe Food program. Old Bridge is currently working on FAMI-QS Certification as a safe feed, safe food supplier to the animal feed industry.
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Govt to call tenders for use of 65,000 hectares of farmland Hungary's National Land Fund Management Organisation (NFA) will call tenders in the autumn for the use of 65,000 hectares of farm land, Rural Development Minister Sandor Fazekas said at a press conference.
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Cargill snatches Provimi Cargill has made a binding offer of $2.14 billion or €1.5 billion to acquire Netherlands-based feed company Provimi from private equity fund Permira.
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Test run starts at Hungary's first peaking power plant A test run has started at Hungary's first peaking power plant, one that operates only when there is demand for extra capacity, the state-owned Hungarian Electricity Works (MVM) said.
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Hungary farm gate price rise slows to 35.3pc yr/yr Farm gate prices in Hungary rose 35.3pc yr/yr in June, slowing from 37.6pc in May and 45.2pc in April, the Central Statistics Office (KSH) said.
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Grains Council works to smooth way for DDGS exports China is still not very reluctant in accepting US distillers grains and its regulatory requirements for imports are complex, stringent, and a serious burden for US ethanol plants. But the US Grains Council’s recent DDGS regulatory mission holds promise for improving the situation.
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Hungary PM to visit Saudi Arabia to negotiate investments Prime Minister Viktor Orban at the end of September will travel to Saudi Arabia, where he is expected to push for major Saudi investments in Hungary, business daily Vilaggazdasag said.
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Hungary retail food sales climb 3pc in Q2 Retail food sales in Hungary rose 3pc in value terms but fell 2pc in volume terms in the second quarter from the same period a year earlier, market research company Nielsen said.
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Hungary GDP growth slows to 1.5pc in Q2 Hungary's GDP rose an unadjusted 1.5pc in Q2 from the same period a year earlier, slowing from 2.5pc growth in the previous quarter, the Central Statistics Office (KSH) said in a preliminary estimate.
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AFIA short course on Regulatory Training The American Feed Industry Association (AFIA) is once again offering professionals in the feed, ingredient and pet food industry the opportunity to come together and develop the skills necessary to lead a company through the regulatory maze.
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Review of Paks nuclear plant shows no need for immediate intervention A review of the Paks Nuclear Power Plant ordered by the National Atomic Energy Office (OAH) in light of experiences at the Fukushima plant in Japan show Hungary's sole commercial source of nuclear power is well protected and in need of no immediate work, Paks spokesman Istvan Mittler said.
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Audit shows 5pc of state-owned farmland not registered A recently completed audit of state-owned farmland in Hungary shows about 100,00 hectares - 5pc of the 2m hectares of state-owned farmland - was not registered, Ministry of Rural Development state secretary Imre Farkas said issue of daily Magyar Hirlap.
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Swill fed pigs not allowed for processing in Beijing abattoirs Beijing's animal health watchdog agency prevented more than 15,000 swill-fed pigs from entering the market between June and August as part of a government campaign to curb the spread of illegal slaughterhouses.
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Hungary wheat yield up in 2011 The quality of Hungary's wheat harvest this year is excellent and average yield is 4.2 tonnes per hectare, well over last year's 3.72 tonnes, the Rural Development Ministry said.
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Russian subsidiary of Royal Canin firmly increases net profit JSC Roskan, the Russian subsidiary of the France headquartered Mars daughter Royal Canin increased its net profit in 2010 by 33pc.
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Linamar Corporation exercises squeeze-out right at Hungarian unit Canada's Linamar Corporation on Thursday said it would exercise a squeeze-out right and pay the remaining shareholders in its Hungarian farm machinery maker and automotive industry supplier Linamar Hungary HUF 2,570 per share.
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Hungary banking system stable, but there are limits to what it can bear In spite of the bank levy and problems caused by the crisis, Hungary's banking system is stable, as are the parents of foreign-owned banks, but its load-bearing capacity has limits, Janos Muller, the chief advisor for the Hungarian Banking Association said.
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Hungary consumer prices climb 3.1pc in July, less than expected Consumer prices in Hungary climbed 3.1pc in July from the same month a year earlier, slowing from a 3.5pc increase in June, the Central Statistics Office said.
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‘Cargill remains a private company’ Cargill Inc. starts the new fiscal year with a very strong balance sheet after paying down debt following the sale of its majority stake in Mosaic Co. (MOS), Cargill's chief financial officer said.
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One third of Chinese seeds are fake About 30pc of seed companies in China are producing and selling counterfeit seeds, state-run China Daily said, citing industry reports.
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State secretary meets with Monsanto managers State secretary in charge of the Prime Minister's Office Mihaly Varga met with representatives of the Hungarian unit of US agribusiness Monsanto to discuss genetically modified (GM) farming products, the office's press chief said.
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New omega line comes on stream at Kiotech A new production line which will improve efficiency, enable improved product formulation and reduce lead times has been introduced at Kiotech Internaitonal’s Manton Wood plant in the UK.
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Chinese-Hungarian Business Council established Hungarian business association VOSZ and the Chinese Foreign Trade Development Council agreed to establish the Chinese-Hungarian Business Council to foster bilateral business ties, VOSZ said.
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Hungary guest nights edge up 0.8pc yr/yr Guest nights at commercial accommodations in Hungary edged up 0.8pc year-on-year to 1,908,000 in June, following a 6.1pc drop in May, the Central Statistics Office (KSH) said.
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Forint regains some ground after reaching new historical low against Swiss franc The forint traded at 254.31 to the Swiss franc a little before 9am on Tuesday, weakening from 252.52 late Monday, but recovering after slipping to 260.86 overnight, a new historical low.
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Russian feed production shows gradual growth According to Amico Company market research of the Russian animal feed market from 2005 to 2010, production has been increased by 62pc or in absolute numbers from 10 million tons of animal feed in 2005 to 16.2 million tons in 2010. The average growth rate over the period per year was 9pc.
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Ad hoc parliamentary committee to review privatisation of sugar industry starts work An ad hoc parliamentary committee established to review the privatisation of Hungary's sugar refineries heard testimony by industry insiders.
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Gyulai Huskombinat export sales climb on Russian demand for liver pate Gyulai Huskombinat, one of Hungary's most famous sausage makers, expects to boost exports this year from 10-15pc to 30pc of revenue, because of growing orders from Russia for liver-based products, Janos Ruck, CEO of parent company HAGE-Nagisz said.
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Hungary grape harvest expected to be of good quality, average size Hungary's vintners expect a good quality crop of average size this year, Csaba Horvath, who heads winegrowers association HNT said.
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Hungary refines cane sugar for first time in about a hundred years From Monday, Hungarians will be able to buy the first cane sugar refined in the country in about a hundred years, Zoltan Szeles, director of the Kaposvar sugar refinery said.
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Getting a firm grip on salmonella Schaumacid S is a targeted enhancement of Schaumann’s tried and tested range of feed acids. The combination of short- and medium-chain acids has a broad spectrum of activity against salmonella and other gram-negative and gram-positive bacteria.
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Pakistan University establishes feed mill The Khyber Pakhtunkhwa, Agricultural University in Peshawar, Pakistan, has established a feed mill as part of its Feed Technology and Research Centre.
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Global enzyme market to reach $3.74 billion by 2015 Worldwide demand for industrial enzymes is expected to achieve levels of US$3.74 billion by 2015.
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CIB Bank, Raiffeisen Bank open EUR 140m credit line to Bonafarm CIB Bank and Raiffeisen Bank opened a five-year EUR 139.8m credit line to Hungary's biggest agribusiness Bonafarm Group, owned by food industry magnate and CEO of OTP Bank Sandor Csanyi, Raiffeisen Bank informed.
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Swedish soybeans have high ozone tolerance The first screening by US Department of Agriculture (USDA) scientists of the American ancestors of soybeans for tolerance to ozone and other stresses had an eye-opening result: The world superstars of stress resistance hailed from a little village in far northern Sweden, called Fiskeby.
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US keen to encourage growing of GM wheat The United States has confirmed its commitment to genetically modified crops, as a means of feeding a growing world population.
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Zwack Unicum profits flat in Q1 After-tax profit of Zwack Unicum, Hungary's most famous spirits maker, came to HUF 562m in the first quarter of its business year started April 1, practically level with the same period a year earlier, the company's IFRS report published.
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Forint recovers against franc after reaching historical low The forint traded at 248.54 to the Swiss franc late Wednesday, recovering after reaching a historical low of 252.94 earlier in the day.
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Cargill and Mitsubishi to form Dana elevator JV Cargill AgHorizons, a business unit of Cargill, and Agrex Inc, a wholly owned subsidiary of Mitsubishi Corporation, announced they are forming AC Grain, LLC, a 50-50 joint venture that will own and operate Cargill's grain elevator in Dana, Indiana, USA.
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Hungarian webshop sales reach HUF 137bn in 2010 Sales of Hungarian webshops reached HUF 137bn in 2010, up from HUF 99bn in 2009 and HUF 65bn in 2008, Csaba Zajdo, who runs Webshop-Experts, a company that helps retailers establish their sales presence online, said at a press conference.
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Magyar Cukor imports 20,000 tons of cane sugar from Brazil Sugar-refining company Magyar Cukor has begun importing 20,000 tons of cane sugar from Brazil for processing at the unit's plant in Kaposvar (S Hungary), the business daily Vilaggazdasag reported.
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Vietnam’s tax system favours foreign enterprises Vietnamese livestock enterprises have warned that foreign invested enterprises due to tax advantages are controlling the food market, which is one of the reasons for the difficulties in stabilizing the market.
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Agricultural Directorate expects maize harvest of 8.1m tonnes Hungary's Agricultural Directorate Office (MgSzH) announced it expects Hungarian farmers to harvest 8.1m tonnes of maize in 2011, according to preliminary figures.
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PAVA adds new feeds to its product line Being one of the largest grain processors in Siberia and the Far East, PAVA has extended its product range of Premium compound feed. The grain processor now offers compound feed for fur animals and rabbits to its partners.
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Nitrogenmuvek plans HUF 10bn capacity expansion Hungarian artificial fertiliser maker Nitrogenmuvek plans a HUF 10bn capacity expansion next year, owner Laszlo Bige said of business daily Napi Gazdasag.
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Parliamentary committee moves to establish past govts' legal responsibility for public debt A parliamentary committee set up to investigate Hungary's public debt has approved a report at a meeting on Sunday, which moves to establish the political and legal responsibility of past governments for amassed debt.
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Hungarian farmers to receive EUR 1.5m in EU compensation for losses from E.coli outbreak Hungarian farmers will receive the full EUR 1.5m in European Union compensation for losses sustained as a result of produce left unsold due to the deadly outbreak of E.coli-related illness in Germany last May, the Ministry of Rural Development announced.
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Bank levy, non-performing loans put Erste Bank Hungary group into red in H1 Erste Bank Hungary had consolidated IFRS pre-tax losses of HUF 8.04bn in the first half of 2011 as the extraordinary bank levy and the steep rise in the non-performing loan ratio adversely affected performance, the bank said, announcing unaudited figures.
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Organic farmer sues neighbours over GM An Australian organic farmer has launched legal action against his neighbour after genetically modified canola blew onto his farm making authorities to take away his organic licence.
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OTP Bank asks Croatian food company Prodravka to pay EUR 11.5bn Hungary's OTP Bank has called upon Croatian food company Podravka to pay EUR 11.58m after it sold its company shares to Croatian pension funds, the Croatian company announced on the website of the Zagreb Stock Exchange.
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Hungary jobless rate drops to 10.8pc in April-June Hungary's average unemployment rate was 10.8pc in the 15-74 age group in April-June 2011, down from 11.0pc in March-May and also down from 11.1pc measured in March-May of 2010, the Central Statistics Office (KSH) said.
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Construction of North Transylvania motorway to continue The US firm Bechtel building the motorway in North Transylvania, Romania, and Romania's transport ministry have reached agreement that the construction work will be continued from the autumn on the 64-km section from Bors to Supalcu de Barcau, Bihor County.
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EU-supported energy-efficiency investment begun at House of the Parties in NW Hungary A HUF 90m, European Union-supported investment has been launched at a private office building in the city of Mosonmagyarovar (NW Hungary) known as House of the Parties, CEO Tibor Kosar of the local-council-owned company Varosuzemelteto and Fenntarto told.
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Five mushroom processing plants offered for sale for second time Liquidator Matraholding has offered for sale for the second time the assets of five plants of mushroom production and processing company Quality Champignons Mezogazdasagi, business daily Napi Gazdasag said.
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Phylaxia 1912 Holding to conduct HUF 350m capital raise through share issue The board of Hungarian veterinary-drug company Phylaxia 1912 Holding decided to raise the company's capital by HUF 350m to HUF 1,444,170 through the issue of 14m dematerialized ordinary shares at a nominal value of HUF 25 per share.
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Biogas-Miskolc to set up HUF 2.2bn biogas plant with EU funding in Miskolc Biogas-Miskolc Kft is to build a biogas plant at a cost of HUF 2.2bn to utilise the sewage sludge of the city of Miskolc (NE Hungary) and its agglomeration as a renewable energy source.
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Hungary wheat harvest to end next week, grain producers association says The harvesting of wheat is expected to be completed next week in Hungary if weather conditions are favourable, head of the Grain Producers Association (GOSZ) Jozsef Vancsura told.
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Banks approve takeover of part of IKR activities and debt by Czech firm Creditor banks of financially troubled Hungarian agribusiness IKR Zrt have approved the transfer of part of the company's activities plus debt to the Czech Republic-registered company Agrofert, IKR CEO Attila Szaxon said.
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The news of the day: gov't introduces fines for distribution, use of GMO seeds Hungary's government decided on Monday to introduce fines of between HUF 50,000 and HUF 2bn for those found to have distributed or used genetically modified (GMO) seed, Government Spokesman Zoltan Kovacs said at a press conference.
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AB Vista gains EU-registration for phytase in sow diets AB Vista’s enzyme phytase for animal feed, Finase EC, has been awarded a product license for use in diets for sows in Europe.
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King Abdullah regulates cattle feed prices King Abdullah of Saudi Arabia ordered this week an increase of 50pc in the subsidy of cattle feed in an effort to avoid extreme price hikes.
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Chinese freight transports to pass through Hungary under planned railway cooperation Railway cooperation with China will involve Chinese freight transports to Europe passing through Hungary, National Development Minister Tamas Fellegi said in a written response to an opposition MP.
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New independent voice for European dairy sector Major stakeholders within the European dairy sector are creating a new of experts to consider modern dairy cattle management and nutrition challenges.
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Ukrainian poultry poisoned by toxic feed About 25,000 turkeys died at a number of poultry farms on 14 July in the Donetsk region, Ukraine, believed to be caused by poisonous feed. During the preliminary examination it was established that animals’ mortality has been caused by toxic feed.
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Poultry giant Venky's plans extensive expansion Pune-based leading Indian poultry integrator Venky's has decided to undertake a comprehensive expansion and modernisation programme at an estimated investment of Rs 1.070 million crore (€17 million).
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Russia's decision to let Hungarian vegetable exports resume is welcome Professional association FruitVeb said that about 8-10pc of Hungary's annual fruit and vegetable export is shipped to Russia, thus the Russian government's decision to let Hungarian vegetables back into the country is highly welcome.
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Planned changes to the Labour Code published online The Ministry For National Development has published the planned version of the new Labour Code online at the www.kormany.hu website.
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Nitrogenmuvek profit more than doubles in 2010 Chemical company Nitrogenmuvek announced in its annual report that its net profit increased to HUF 4.1bn in 2010 from HUF 1.6bn a year before.
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Copper sulphate with too high dioxin content Through the Rapid alert System for Feed and Food the EU has received a warning about feed grade copper sulphate with a too high dioxin content from Romania.
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Antimicrobial resistance of zoonotic bacteria Scientists at two European Union agencies have combined their expertise to analyse Member State data and compile the first joint EU report on antimicrobial resistance in zoonotic bacteria affecting humans, animals and food.
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Wadi Group further in private hands Freiji, Nasrallah and Horus Private Equity Fund in Egypt have increased their share in Wadi Group to 95pc.
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Hungary applies for EUR 1.6m in EU compensation for losses from E.coli outbreak Hungary has requested EUR 1.6m in European Union compensation for losses that farmers in the country sustained as a result of produce left unsold due to the deadly outbreak of E.coli-related illness in Germany last May, Ministry of Rural Development State Secretary Gyorgy Czervan said..
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European feed and raw material sector expect supply disruptions The European raw material and feed manufacturers united in Coceral, Fediol and Fefac acknowledge entry into force of “technical solution” for minutes traces of GMOs not yet authorized in the EU as a first step. More comprehensive action needed to avoid supply disruptions.
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Farmers markets in Hungary, Romania win EUR 1m in EU cross-border funding The farmers markets of Szeged (SE Hungary) and Timisoara, in Romania, have won EUR 1m in European Union development support in a joint application for cross-border funding, the operator of the Dorozsmai market in Szeged said.
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Hungary's melon growers get licence to sell in big cities Hungary's melon growers are being allowed to sell their produce at prime locations in county seats under an agreement between Rural Development Minister Sandor Fazekas and County Seat Alliance head Lajos Kosa, the Rural Development Ministry said.
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HITA hosts Hungarian-Chinese business forum The Hungarian Investment and Trade Agency (HITA) hosted a Hungarian-Chinese business forum in Budapest, HITA said.
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Hungary wheat harvest expected to be around 4m tonnes Hungary's wheat harvest is expected to be around 4m tonnes this year, Rural Development Ministry state secretary Gyorgy Czervan said at a press conference in Budapest, after a meeting with the National Harvest Coordination Committee.
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Monsanto seeks to suspend forced destruction of maize thought to be GMO-tainted The Hungarian unit of US seed giant Monsanto has appealed to the Budapest Municipal Court to suspend a resolution by Hungary's Agriculture Office ordering hybrid maize sold by the company to be torn up, Monsanto Hungaria technical director Mihaly Czepo said.
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Seed company confident corn seed is non-GM. Government action to cause losses for farmers Monsanto said that the Hungarian Agriculture Authority (HAA) actions requesting that fields of a popular conventional non-GM Monsanto corn hybrid seed were to be destroyed was unwarranted and would put undue pressure on local corn industry and the hard-working farmers in the country.
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New distributor for Excentials in Egypt Feed additive supplier Excentials is gaining further progress in Middle East market with the appointment of a new distributer in Egypt.
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Monsanto and Sinochem talk to strengthen ties State owned Chinese chemicals conglomerate Sinochem is in advanced discussions with US-based seed company Monsanto to deepen their ties significantly, people familiar with the discussions said, an important sign of China's growing appetite for US crops and biotechnology.
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Unilever Magyarorszag plans HUF 2.2bn of investments at ice cream plant Unilever Magyarorszag plans to complete HUF 2.2bn of investments at its ice cream plant in Veszprem (NW Hungary) by the summer of 2012, plant director Laszlo Szatori said at a press conference.
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Agulhas-Solar inaugurates EUR 3m solar cell plant Hungarian-owned Agulhas-Solar inaugurated a EUR 3m solar cell assembly plant in Szolnok (E Hungary).
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GM maize destroyed on 950 hectares in Hungary Genetically modified (GM) maize, which is banned in Hungary, has so far been destroyed on about 950 hectares, but a further 2,500 hectares have been affected by contaminated seeds and are under inspection by the authorities, Rural Development Minister Sandor Fazekas said in an interview broadcast on public television.
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Most Hungarians compare price to value when shopping for food The price-to-value ratio is the most important factor for Hungarians when they shop for food, a survey by market research company Nielsen shows.
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Arany-Mezo inaugurates HUF 800m biogas plant in SW Hungary Hungarian agribusiness Arany-Mezo inaugurated an HUF 800m biogas plant in Bicserd (SW Hungary).
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Size of Hungary wheat harvest seen level with last year, but of good quality Hungary's wheat harvest is expected to be about the same size as last year, but the crop is likely to be of good quality, Hungarian farm association Magosz chief Istvan Jakab said at a press conference.
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Russian feed production in upward trend According to the Federal State Statistics Service in May 2011 Russia produced 1,495,800 tons of compound animal feed, which is 10.2pc more than in May 2010, and 1.2pc more than in April 2011.
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Renovated mansion to become incubator Zsolt Kovacs has turned his mansion in Pecs (SW Hungary) into an incubator for service sector start-ups thanks to a HUF 200m renovation supported by a HUF 133m European Union grant.
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Tiszakecske spa inaugurates HUF 680m renovation, expansion The family-owned Tiszakecske thermal spa on Wednesday inaugurated a HUF 680m renovation and expansion supported with EUR 330m in European Union funding.
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Hungary farm gate price rise slows in May Farm gate prices in Hungary rose 37,6pc yr/yr in May, slowing from a 45,2pc increase in April, the Central Statistics Office (KSH) said.
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Egyptian feeding trials confirm sorghum performance The US Grains Council has successfully completed two sorghum feeding trials in Egypt to demonstrate the use of non-tannin sorghum in broiler feed rations and to assess the nutritive value based on actual Egyptian conditions.
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Poultry processor wins job-creation support Hungarian poultry processor Zalai Baromfifeldolgozo signed a contract for a HUF 224m state grant to support the creation of 120 jobs at its base in Pacsa (W Hungary).
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Schools in Hungary, Romania launch cross-border programme supported by EUR 100,000 in EU funding The Nyiregyhaza College (E Hungary) and the Simion Barnutiu Technical and Agriculture Trade School in Baia Mare, Romania, launched a training programme for farmers supported with EUR 100,000 in European Union funding for cross-border projects.
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Official from China's Anhui Province visits Hungarian waterfowl company Zhung Jun, deputy head of the local government of the Chinese province of Anhui, paid a visit to Debrecen (E Hungary) on the invitation of Laszlo Varga, CEO of waterfowl company Hortobagyi Ludtenyeszto, which expects to do more than HUF 100m of business in the province this year.
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Agri-Corn tears up GM maize, banned in Hungary Agribusiness Agri-Corn, which comprises more than 20 farmers in Hajdu-Bihar County (E Hungary), has torn up about 470 hectares of genetically modified (GM) maize, which is banned in Hungary, managing director Laszlo Vaszko said.
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Aufwind Neue Energien starts test operation of Hungary's biggest biogas plant Germany's Aufwind Neue Energien said it started test operation of Hungary's biggest biogas plant, in Szarvas.
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BorsodChem starts test production at TDI-2 plant Hungarian chemicals company BorsodChem, a unit of China's Wanhua Industrial Group said it started test production at its new toluene diisocyanate (TDI) plant.
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Hungary to regulate melon quality from next week Hungary will start regulating the quality of melons from next week to help Hungarian growers cope with falling consumption, Rural Development Minister Sandor Fazekas told journalists.
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Ice cream manufacturers project higher turnover this year Retail sales of ice cream have increased in the first four months of this year, business daily Napi Gazdasag said, quoting customer relations officer Norbert Molnar from market research company Nielsen.
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Africa opens up to GM crops Slowly African countries begin to adopt genetically modified crops. Kenya has become the fourth country in Africa to open up to GM crops after approving laws to allow their production and importation.
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Banned GMO corn found in west Hungary Farmers in Baranya County, west Hungary, have been directed by authorities to plough under around 400 hectares of corn after the crops were found to have been grown with genetically modified seeds.
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Zwack recalls carbonated Kalinka vodka Hungarian spirits maker Zwack Unicum has recalled the company's recently introduced carbonated vodka Kalinka due to the slight danger of bottle explosion, Zwack said.
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EU Commission backs national rights to ban GM crops European Union lawmakers voted to strengthen the rights of member states to ban the cultivation of genetically modified crops in their own countries under a new draft law.
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Nestlé Hungária begins production at new HUF 10bln plant in Western Hungary Nestlé Hungária plans to hire 250 people to work at the 10,000-square-meter plant in the village of Bük, located about 5km from Hungary's border with Austria.
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Retail food sales in Hungary climb 4pc Retail food sales in Hungary climbed 4pc to HUF 640bn in the six months to May from the same period a year earlier, market research company Nielsen said.
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Vietnam tightens control on agro-products The Ministry of Agriculture and Rural Development (MARD) in Vietnam has tightened control on agro-products and imported foodstuffs since July 1 when they enforced a new Law on Food Safety and Hygiene.
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Russia to allow vegetable imports from Hungary again Russia's chief health official Gennady Onishchenko announced vegetable imports from eight European countries, including Hungary, would be allowed into the country again as the necessary documents had been submitted, but he did not say when the permits would be issued.
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China's You Yuan Industrial plans €5 mln farm in Hungary China's You Yuan Industrial Co plans to build a €5 million mushroom and vegetable farm in Kalocsa (S Hungary), mayor Ferenc Török said, after signing a declaration of intent with the company during a visit to China.
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Rural tourism association launches accommodation rating system Hungarian rural tourism association Fatosz announced the launch of a national certified rating system for commercial accommodations and a new website.
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State tourism agency in talks to bring new flights to Hungary State tourism agency Magyar Turizmus has started talks with the operators of the country's two biggest airports to bring new flights to Hungary, business daily Vilaggazdasag said.
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Kiotech performs in line with market expectations Kiotech International chairman Richard Rose told the firm's AGM that the firm's solid start to the year has been maintained and it is performing in line with market expectations.
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Gov't to decide on pace, procedure for PPP cancellations in coming weeks The government discussed public-private partnerships (PPPs) last week and will take a decision after talks in the coming weeks on the pace and the agreements with which PPPs will be cancelled, National Development Minister Tamas Fellegi told Parliament's Economy and IT Committee.
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E.coli: outbreak blamed on fenugreek seeds European Food Safety Authority says seeds from Egypt caused European health scare.
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Parliament adopts changes to Hungary's Labor Code Parliament approved proposed amendments to Hungary's Labor Code.
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Hungary, Romania agree on meeting points for motorways Hungary and Romania on Tuesday signed an agreement on the connecting points between motorways in the two countries.
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MPs postpone raising cigarette tax, vote to raise tax on ethanol fuel blend Parliament approved late Monday last-minute changes to amendments that will postpone an earlier planned rise in the excise tax on cigarettes but raise the scale of an increase of the tax on E85 ethanol fuel blend instead of lowering it.
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Hungarian cheese maker Sajt-Kalmar aims to raise revenue to HUF 5bn in 2011 Hungarian cheese maker Sajt-Kalmar plans to boost revenue to HUF 5bn this year from HUF 4.1bn in 2010, managing director Tamas Spisak said at a professional meeting.
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Commission proposes new measures to improve future stability in the dairy sector The European Commission has today adopted a proposal on "contractual relations in the milk sector". The proposal aims to boost the position of the dairy producer in the dairy supply chain and prepare the sector for a more market oriented and sustainable future.
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GM-soybeans have become regular in US Since 94% of all soybeans in the US are GM these varieties now have become the ‘regular’ crop. Also the majority of cotton and corn crops are genetically modified, as USDA statistics show.
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McDonald's spends 15 bn on hungarian products McDonald's speds 15 bn this year on hungarian materials to use in it's european network.
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Feed price hike troubles Vietnamese farmers Animal feed prices have risen 50% this year, causing problems for Vietnamese farmers, the Agriculture Ministry said. The animal feed sector has seen growth of 15-17% a year due to the fast expansion of the breeding industry, leaving domestic feed producers short of material, the ministry said.
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Hungarian, Romanian labour market watchdogs meet in Oradea The heads of Hungary's and Romania's labour market oversight bodies met in the Romanian city of Oradea on Thursday to discuss changes to employment regulations and review a cooperation agreement signed in 2008, Hungary's National Labour Defense and Labour Affairs Supervisor (OMMF) said.
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Livelihood of Ugandan poultry farmers threatened by feed prices The rising animal and poultry feed prices is hitting poultry processors and farmers in Uganda hard. A kilogramme of maize bran has gone up from Ush800 (33 US Cents) to Ush1800 (75 US Cents) and that also depends on where you are buying your feeds.
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Debrecen meat plant shut down by Penta finds investor, local council says The local council has found an investor for Hungarian meat company Debreceni Csoport Husipari (DCSH), which was closed down by its owner, the Slovak Penta group, on June 30.
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Merck's animal health division get name change Merck’s animal health division, formerly known as Intervet/Schering-Plough Animal Health, will now to be called Merck Animal Health. It will be known as MSD Animal Health outside the United States and Canada.
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Auditors say non-farmers received EU support Sports clubs, airports and campsites received farm payments - reported the European Voice.
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New funding to create jobs and strengthen rural communities in the US Agriculture Secretary Tom Vilsack today announced the selection of 43 community-based organizations to receive funding to promote economic growth and the selection of six rural microenterprises for loans and grants to support rural business development, create jobs and strengthen local communities.
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Poultry Product Council expects 7pc revenue increase from poultry sales Revenue generated by the poultry industry could increase 6-7pc to HUF 270bn in 2011, Laszlo Barany, who heads the Poultry Products Council said.
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Government to prepare HUF 500bn business bureaucracy reduction programme this summer The government is putting into effect HUF 105bn worth of measures from the planned HUF 500bn bureaucracy-reduction programme for businesses, National Economy Ministry state secretary Zoltan Csefalvay announced in Budapest.
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Ministry of National Economy welcomes the growth of Asian export The ministry regards the 2,5 billion euro trade surplus of the first four months as "an important turning point"
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Tesco is fined for equal opportunities issues The company has been fined for 3M for not employing an applicant because of his age.
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Debrecen local council to call new tender for city airport The Debrecen (E Hungary) local council intends to call a new tender to sell a majority stake in Airport Debrecen, the company that operates the city's international airport, the business daily Napi Gazdasag reported.
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China Brand Trade Center opens in Budapest The China Brand Trade Center (CBCT), a commercial centre showcasing high-quality manufacturers from China, opened in Budapest's AsiaCenter with 36 participating Chinese companies.
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More jobs in the rural areas of the US Agriculture Secretary Tom Vilsack today announced the selection of 21 utilities in 11 states for loans and grants to help rural businesses expand and create jobs.
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National Economy Minister says China could buy Hungarian debt China's commitment to buy Hungarian sovereign debt could include the purchase under market conditions of both forint- and foreign-currency bonds, National Economy Minister Tamas Fellegi told Reuters.
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Historic Balaton Halaszati fishing company winds down Historic fishing company Balatoni Halaszati (BH) announced it is awaiting liquidation.
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Association to launch HUF 10m sales campaign for Hungarian watermelon Professional association FruitVeb announced that it will launch a HUF 10m campaign in July to boost domestic sales of Hungarian watermelon.
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Why lack of data affects food prices One of the outcomes of the G20 food summit last week was an agreement to create a global database in an effort to better measure the level of supply, consumption and inventories of staple foods. - says a blog dedicated to the issues of the Common Agricultural Policy
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Hungary jobless rate drops to 11.0pc in March-May Hungary's average unemployment rate was 11.0pc in both the 15-74 and the 15-64 age group in March-May 2011, down from 11.4pc in February-April and an identical 11.4pc measured in March-May of 2010, the Central Statistics Office (KSH) said.
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Hungarian wine campaign to be launched in United States An advertising campaign to introduce Hungarian wine to the US market will be launched in July-August, former governor of the state of New York George Pataki said at a press conference in Badacsony at the Lake Balaton.
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EU allows unauthorised GM material in animal feed imports The European Union has adopted new rules allowing traces of unauthorised genetically modified (GM) material, below 0.1pc, in animal feed imports. The feed sector is pleased, but it is not enough.
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Commission outlines blueprint for forward-looking Common Agricultural Policy after 2013 The European Commission has today published a Communication on "the Common Agricultural Policy (CAP) towards 2020 – Meeting the food, natural resources and territorial challenges of the future".
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Hungary signs agreement to cooperate in land administration with China State Secretary For Regional Development Zsolt V Nemeth, and Deputy Minister of China's Land and Resource Ministry Wang Shiyuan signed an agreement to enhance the two country's connections in land administration.
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Hungarian farmers grew less fruit and vegetables in 2010 Hungarian farmers grew 1.9m tonnes of fruit and vegetables in 2010, down 32pc and 10pc, respectively, from 2009, according to a survey by GfK Hungaria and Agrar Europa.
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EU pig producers to gain more value from wheat-based diets The EU Commission has granted Danisco Animal Nutrition authorisation for the use of its heat stable xylanase (Danisco Xylanase) in wheat-based feed for piglets and pigs for fattening.
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Competition Office fines Lidl for unfair business practices Hungary's Competition Office (GVH) on said it fined discount chain Lidl HUF 10m for unfair business practices.
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90pc of Hungary wheat crop could be of milling quality As much as 90pc of Hungary's wheat crop this year could be of milling quality if rains are not heavy this week, National Grain Growers Association chief Tamas Petohazi said of business daily Napi Gazdasag.
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USDA Supports G20 Action Plan The G20 Ag Ministers have established a plan of action to address food security and food price volatility and are launching an International Research Initiative for Wheat Improvement to help nations coordinate research efforts on the crop. Agriculture Secretary Tom Vilsack, who is leading the U.S. delegation, made the following statement.
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E.ON inaugurates EUR 400m power plant in Hungary German utilities giant E.ON on Monday inaugurated a EUR 400m power plant in Gonyu (NW Hungary).
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Antibiotic use and resistance in animals: map it and deal with it Stakeholders in the Belgium food and feed chain have committed themselves to collect all information on antibiotics use in animals and communicate the results objectively.The entire industry supports the initiative.
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Wine-growers of Hungary's Danube region eye China Vintners of Hungary's Danube wine-growing region hope for a raised profile in China after their best wines were served at a business forum in Budapest on Saturday organised for a visit by Chinese premier Wen Jiabao, state farm products promoter Agramarketing Centrum said.
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Amvac, Monsanto Announce Crop Protection Collaboration American Vanguard Corporation today announced that its wholly-owned subsidiary Amvac Chemical Corporation has entered into an agreement with Monsanto Company to co-market its post-emergent corn herbicide Impact as part of the Roundup Ready PLUS™ weed management platform.
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Hungary could ban some unhealthy foods Some unhealthy foods could be prohibited from the Hungarian market, Rural Development Ministry state secretary Jozsef Angyan said.
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Hungarians, Chinese sign a dozen agreements during state visit Hungarian Prime Minister Viktor Orban and Chinese Prime Minister Wen Jiabao signed a dozen bilateral agreements on Saturday, during an official visit by the Chinese premier to Budapest, the National Development Ministry said.
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Sugar reserves expected to be released Rural Development Minister Sandor Fazekas is expected to sign documents releasing and selling 2,000 tonnes of sugar from state reserves, state secretary Endre Kardevan said, on the sidelines of a sweets industry conference.
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US poultry integrator files for bankruptcy Allen's Family Foods, of Seaford, Delaware, has filed for Chapter 11 (reorganisation) bankruptcy, after 91 years as a US poultry integrator, setting in motion 60 days of business restructuring and industry changes.
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China's grain reserves free from contamination China has conducted a nationwide inspection of its grain reserves and found them safe for consumption, a senior official of the State Administration of Grain (SAG) said.
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China invests in Argentinean farmland Chinese investment is flooding into Argentina as the Asian giant expands its global commodity hunt from the raw materials used in industry to the foodstuffs needed to feed its 1.3 billion citizens.
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Bocm Pauls expands operations in Finland Bocm Pauls International Division has expanded its sales operations in Finland with the formal appointment of two well-known Finnish companies as sales agents and distributors for its range of pig feeds.
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Hungary retail sales drop continues in April Retail sales volume in Hungary declined both on the year and on the month in April as they did in March; the volume dropped a calendar year-adjusted 1.3pc yr/yr and dropped 0.4pc from March according to seasonally and workday-adjusted figures, the Central Statistics Office (KSH) said.
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Bosch builds a 500 million euro solar energy plant in Malaysia The number of the employees in the company's solar department will be doubled by 2017
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Commission offers to publish data on agri-forecasts The aim is to increase transparency of commodities market - reported the European Voice.
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Regional Development Holding completes HUF 3.5bn logistics centre Hungary's state-owned Regional Development Holding has completed a HUF 3.5bn logistics centre near Fenyeslitke (NE Hungary), in the Zahony region, CEO Gabor Ilenczfalvi-Szasz said.
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GDF SUEZ Energia Magyarorszag wins tender to supply Bekes County with HUF 1.7bn of gas GDF SUEZ Energia Magyarorszag has won a tender to supply gross HUF 1.7bn of gas to local governments in Bekes County for twelve months from July 1, county council chairman Zoltan Farkas said at a press conference.
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Govt publishes Hungary Work Plan The National Economy Ministry on Thursday published a revised version of the Hungarian Work Plan on its website.
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Master Good plans HUF 4.4bn expansion at poultry farms Hungarian agribusiness Master Good on Thursday said it is carrying out a HUF 4.4bn capacity expansion at its poultry farms.
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KEG lists Visonka shares to get development capital independently of banks Central European Gas Terminal (KEG) listed its feed unit Visonka on the Budapest Stock Exchange to get capital for developments independently of banks, KEG CEO Richard Pimper said at a press conference, after Visonka shares started trading.
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Hungarian-Chinese Mixed Economic Committee meets in Budapest The Hungarian-Chinese Mixed Economic Committee met in Budapest on Wednesday, the National Development Ministry said.
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G-20 Farm Minister meeting to focus on price volatility FEFAC President, Patrick Vanden Avenne, called on the European Commission to focus on measures allowing the increase of production and productivity for world agricultural production at the upcoming G-20 Farm Minister meeting on 22-23 June 2011 in Paris.
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Auchan focuses on making Hungarian business profitable The Hungarian unit of French supermarket chain Auchan will not open any new stores this year and it will work to re-establish profitability, Auchan Magyarorszag CEO Dominique Ducoux said at a press conference.
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Hungary Meat revenue climbs over HUF 58bn in 2010 Hungary Meat, a member of the Pini Group, had revenue of HUF 58.2bn in 2010, up from HUF 49.2bn in the previous year, former CEO Ferenc Janko, now an advisor to the company said.
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Farm association sees wheat harvest edging down to 3.6m tonnes in 2010 Hungary's wheat harvest is likely to reach about 3.6m tonnes in 2011, Istvan Toth, head of farm association MOSZ said.
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Her-Csi-Hus, Fama Farm inaugurate HUF 260m chicken farm Her-Csi-Hus and Fama Farm inaugurated a HUF 260m chicken farm, built with the support of a HUF 100m European Union grant, in Szabadegyhaza-Kozeppuszta, near the capital.
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EU criticism: Germany violates rules for animal feed From an EU-perspective Germany is not holding to rules applicable for animal feed. The European Commission has called on Germany to implement the EU Directive on maximum feed quantities of banned substances.
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Feed company Visonka to trade from Wednesday Shares of Hungarian feed company Visonka Takarmanykevero will start trade on the Budapest Stock Exchange (BSE) on Wednesday, a resolution published shows.
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Cargill opens new animal feed facility in Russia Cargill has opened a new animal feed facility in Efremov, Russia. The facility has the capacity to produce 50,000 tonnes of swine and poultry feed products (premixes and concentrates) and will operate under the company’s LNB brand in Russia.
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Hungary signs for EUR 735m in EIB loans Hungary on Monday signed for a combined EUR 735m in new loans from the European Investment Bank (EIB) to finance priority investments.
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World Mycotoxin Forum 2012 in Rotterdam Rotterdam has won the bid for hosting the WMF meets IUPAC (mycotoxine) congress, which will take place from 5 to 9 November 2012 in the Beurs-WTC Congress & Event Center.
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Budapest Bank names new CEO Gyorgy Zolnai, a Hungarian who has headed units of multinational banks in Russia and Poland, will take over as CEO of Budapest Bank, a subsidiary of GE Capital, from July 1, Budapest Bank said.
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Hungary autumn barley harvest could reach 600,000 tonnes Hungary's autumn barley harvest could reach 600,000 tonnes this year, Rural Development Ministry state secretary Gyorgy Czervan said at a press conference.
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Hungary gross wages rise 5.9pc in April Gross wages in Hungary rose 5.9pc in April from the same month a year earlier, the Central Statistics Office (KSH) said.
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Hungary adopts new wine classification system Hungarian wines will be classified in new categories conforming to European Union norms, Rural Development Minister Sandor Fazekas said at a press conference.
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Palinka distillers in small communities made eligible for subsidies Distillers of palinka - the Hungarian eau de vie - in small communities are being made eligible for microbusiness funding available under the New Hungary Rural Development Programme, Rural Development Ministry state secretary Zsolt Nemeth V said.
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Visonka Nyrt. goes to the stock exchange The company asked for it's inauguration to the BÉT (Budapest Stock Exchange).
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Mergers: Commission clears acquisition of Parmalat by Lactalis The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Italian dairy group Parmalat by Lactalis of France, also a dairy company. The Commission's investigation concluded that the transaction would not significantly impede effective competition in Italy or any other European Economic Area (EEA) countries.
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Linamar Corporation acquires 241,835 shares of Linamar Hungary in purchase offer Farm machinery maker and automotive industry supplier Linamar Hungary on Wednesday said its parent company Linamar Corporation of Canada acquired 241,835 of it shares in a voluntary purchase offer ended June 14.
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Hungarian farmers to get E.coli outbreak compensation in August Hungary's Rural Development Ministry has drawn up a decree that will give farmers access already in August to compensation for losses due to an E.coli outbreak concentrated in Germany.
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Geothermal survey launched in Hungarian-Romanian border region A geothermal survey of Hungary's Szabolcs-Szatmar-Bereg County and Szatmar County in neighbouring Romania has been launched with the support of cross-border funding from the European Union, Eva Meszaros, spokesperson for the county business chamber coordinating the project said.
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MKB Bank gets another EUR 100m credit line from EIB Hungary's MKB Bank said it signed for another EUR 100m credit line from the European Investment Bank (EIB) to finance project loans for SMEs, mid-caps and local councils.
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Member States vote on Cioloş' initiative to help fresh vegetable producers in the wake of the E-Coli crisis Today's Management Committee has voted through an emergency aid package for fresh vegetable growers worth €210 million. This scheme, initiated by EU Agriculture Commissioner Dacian Ciolos, will allow for the EU to pay producers for cucumbers, tomatoes, lettuce, courgettes, and sweet peppers that have been withdrawn from the market since May 26 as a result of the E-coli outbreak in Northern Germany.
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Hungary to reduce state debt from 81pc to 77pc of GDP in single step, says PM The Hungarian government will reduce the country's state debt from 81pc of GDP to 77pc in a single step to be announced next week, Prime Minister Viktor Orban told journalists in Belgrade.
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Cargill to purchase Raggio di Sole in Italy US Cargill has announced its intention to purchase Italian animal feed company Raggio di Sole, which has four production facilities across the country.
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Hungary farm gate price rise slows to 45.2pc yr/yr in April Farm gate prices in Hungary rose 45.2pc yr/yr in April, slightly slower than the 48.2pc rise in March, the Central Statistics Office (KSH) said.
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Central Ag Office fines eight Tescos combined HUF 1.2m The Central Agricultural Office has fined eight Tesco supermarkets in Hungary a combined HUF 1.2m for violation of hygienic and food safety regulations, the daily Magyar Nemzet reported.
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Tihany signs for almost HUF 800m in support for tourism developments The city of Tihany, on Lake Balaton, signed a contract for almost HUF 800m in grant money to support tourism developments.
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Vill-Korr-Energia to build biogas plant in NW Hungary Vill-Korr-Energia Kft will build a HUF 800m-HUF 850m biogas plant next to the company's existing wind-power plant in Csorna (NW Hungary) by the end of 2012, the regional daily Kisalfold reported.
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Cornerstone of HUF 780m biomass-fueled heating plant laid in NE Hungary Bioenergy-Miskolc Szolgaltato on Tuesday laid the cornerstone of a HUF 780m biomass-fueled heating plant in Miskolc (NE Hungary).
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Cargill acquires Central American integrator Cargill Inc. has announced completion of the acquisition of Corporacion Pipasa, a leading meat and poultry processor in Costa Rica and Nicaragua, that will become part of Cargill's operations in Central America. Being a private company, the terms of the acquisition were not released.
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Weather conditions causing uncertainty in EU feed production The European compound feed manufacturers (Fefac) have provided final estimates for the compound feed production for the EU-27 in 2010. Lower availability of forages and cereals due to drought affecting key EU producing areas may trigger a higher demand for industrial compound feed.
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McDonald's supplier spending HUF 5.5bn to triple capacity McDonald's supplier OSI Food Solutions Hungary has started a HUF 5.5bn investment to raise its annual poultry processing capacity from 7,000 to 22,000 tonnes, managing director Gyorgy Erdelyi said.
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New product improves animal performance from mixed grain diets Danisco Animal Nutrition has launched Axtra XB - a new feed enzyme product designed to give improved feed cost savings and excellent performance for pigs and poultry from mixed grain diets.
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GA Genetics acquires sorghum inventory Syngenta Seeds Syngenta Seeds transfers its sorghum inventory which includes grain sorghum, forage sorghum and sorghum sudan hybrids currently marketed by Syngenta’s Garst, Golden Harvest and NK brands, to Golden Acres Genetics.
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European Court of Justice rules for Babolna in complementary state aid case The European Court of Justice ruled for Hungarian agribusiness Babolna in a case involving subsidies the state cancelled and recovered.
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Hungary trade surplus narrows to EUR 479m in April Hungary had a trade surplus of EUR 479.0m in April, down from an all-time high of EUR 839.7m in March, but up from EUR 455.5m a year earlier, the Central Statistics Office (KSH) said.
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Vintner Bodri inaugurates HUF 730m cellar The Bodri Cellars of Szekszard (SW Hungary) inaugurated a HUF 730m domed cellar.
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Phoenix Mecano inaugurates HUF 2.3bn solar cell plant Switzerland's Phoenix Mecano inaugurated a HUF 2.3bn solar panel plant at its base in Kecskemet (C Hungary).
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||
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Global grain traders accused of huge tax evasion The world's three largest grain traders, responsible for the vast majority of global corn, soybean and wheat trading and processing, have been accused of large-scale tax evasion in a landmark series of cases being brought against them by the Argentinian government.
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Hunguest Hotels spends HUF 2.5bn to renovate hotel in spa town Hunguest Hotels on Wednesday inaugurated the HUF 2.5bn renovation of its Hunguest Erkel Hotel in the spa town of Gyula (SE Hungary).
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EU debate: Antibiotics in animal feed need more stringent approach About 50% of the antibiotics administered to animals in Europe. Result is the increasing antibiotic resistance of pathogens, experts warn. The EU Parliament is now demanding responses.
|
||
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GKI stands by 2.5pc GDP growth projection for 2011 Economic research company GKI stands by its projection for GDP growth of 2.5pc in Hungary this year, chairman Andras Vertes said at a press conference.
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More than 500 sugar farmers interested in refinery More than 500 farmers, growing sugar beets on a total of 1,500 hectares, announced their interest in a Northwestern Hungarian sugar industry association, regional daily Kisalfold wrote.
|
||
 |
World Mycotoxin Forum 2012 in Rotterdam Rotterdam has won the bid for hosting the WMF meets IUPAC (mycotoxine) congress, which will take place from 5 to 9 November 2012 in the Beurs-WTC Congress & Event Center.
|
||
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Hungary wheat harvest set to edge down to 3.5m-3.6m tonnes in 2011 - wire Hungary's wheat harvest is expected to reach 3.5m-3.6m tonnes this year, under the 3.76m-tonne harvest in 2010, the Rural Development Ministry informed.
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OTP bank launches HUF 100bn corporate lending programme OTP Bank launched a HUF 100bn corporate lending programme targeted at medium-sized businesses on June 1, deputy-CEO Laszlo Wolf said.
|
||
 |
Cargill opens rebuilt feed mill Cargill Animal Nutrition celebrated the opening of its new feed mill near Chambersburg, Pennsylvania, USA, replacing a plant that was destroyed last year by a fire.
|
||
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Salt loving plants in India The area in Tamil Nadu state will house dozens of species of halophytes - or salt-loving plants - that can be used for producing cash crops. A pilot project to see if cash crops can be grown in the salty ground of India's coastal areas was launched in 2010.
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WWF soya report highlights causes of deforestation A new report published by the World Wildlife fund (WWF) has highlighted the impact that the growing global demand for soya is having on sensitive environments around the world such as the little known Brazilian savannah, the Cerrado.
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||
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Russia expected to end its ban on grain export Russia, formerly the world's third-largest wheat exporter, plans to lift its grain export ban from July 1, imposed since last August after the worst drought in over a century devastated crops.
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||
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Fruit-growing region in Hungary hit hard by spring frost Cold weather and frost in early May have wiped out up to 95pc of the fruit and walnut crop in Szabolcs-Szatmar-Bereg County, a big fruit-growing area in Hungary, Laszlo Matyas, of the county government's farm office said.
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||
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Wheat harvest seen falling to 3.5m tonnes Hungary's wheat harvest is likely to fall to 3.5m tonnes this year from 3.7m in 2010, according to the head of farm association Magosz.
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||
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Hungary may seek compensation for vegetable growers, ag minister says Hungary, as other members of the European Union, is considering seeking compensation for Hungarian vegetable growers who are unable to sell their produce as a result of the outbreak of disease stemming from the new strain of E. coli bacteria that surfaced in northern Germany in late May, Minister of Rural Development Sandor Fazekas said.
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||
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Russian vegetable import ban hurts Hungary exporters Russia's Thursday ban on the import of fresh vegetables from the European Union will affect Hungay as 10pc-15pc of the country's fruit and vegetable exports go to Russia, Bela Matonffy, President of the vegetable- and fruit-growers' interest group FruitVeB said.
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||
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Rabobank: China 2011 corn imports to at least double China's corn imports this year will likely rise several times over last year's volume as increasing rural incomes underpin steady growth in pork consumption, a senior agriculture industry analyst with Rabobank International said.
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||
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K and H Q1 profits fall on bank levy Hungary's K and H banking group had after-tax IFRS profit of HUF 4.7bn in Q1, down 16pc from the same period a year earlier as the bank levy took a bite out of earnings, K and H said.
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Zimbo sees revenue climbing 20pc in 2011 Hungarian meat company Zimbo Perbal Husipari Termelo expects revenue to rise 20pc to more than HUF 7bn, managing director Attila Horvath said.
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||
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Hungary March trade surplus revised up to EUR 840m in 2nd reading Hungary had a trade surplus of EUR 839.7m in March, a new all-time high, up from 831.1m in a first reading and up from the previous record of EUR 831.0m in February, the Central Statistics Office (KSH) said.
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||
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EC protested against the Russian ban on imports of EU vegetables The European Commission protested to the Russian Federation this afternoon against the Russian ban imposed earlier today on all EU vegetable exports to Russia, and requested the immediate withdrawal of the measure.
|
||
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Research: Indentifying the best maize variety for animal feed Muhammad Azhar Bin Zulkffle and his team at University Teknologi MARA, Perlis, Malaysia, studied the micro and macronutrient content of several maize varieties using Mass Spectrometry to screen the best variety.
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Report on veterinary drug residues in animals and animal products The European Feed Safety Authority (EFSA) Dietary and Chemical Monitoring Unit has issued a report on the occurrence of veterinary drugs residues in animals and animal products in Europe. The report is based on data for 2009 provided by the EU Member States to the European Commission.
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||
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Happy Company inaugurates HUF 1.2bn chocolate plant near Budapest Hungary's Happy Company on Tuesday inaugurated a HUF 1.2bn chocolate plant in Uri, near Budapest, the company said.
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||
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India: maize replaces with wheat in poultry feed Wheat stocks in India have exceeded buffer stocking norms, causing the price to plumet. This has prompted poultry feed manufacturers to substitute wheat for maize in their produce.
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||
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Cargill Contributes Innovative Nutritional Software Cargill today announced it is making a significant in-kind software contribution to Iowa State University (ISU) to aid in its efforts to improve swine nutrition and pork production.
|
||
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Agrowatt inaugurates HUF 900m biogas plant in central Hungary Agrowatt Kornyezetvedelmi Szolgaltato Nonprofit inaugurated a HUF 900m biogas plant in Kecskemet.
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||
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Tests so far show no tainted Spanish vegetables in Hungary All tests in Hungary for contamination of vegetables from Spain have been negative so far, farm ministry state secretary Endre Kardevan said.
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Hungarian Banking Association gets new secretary general Levente Kovacs (on our photo), deputy-CEO of KDB Bank, will take over as secretary general of the Hungarian Banking Association, replacing Rezso Nyers, who is retiring on June 1, as planned, the association informed.
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DuPont expects seed market share to increase DuPont Co. expects an increase in the market share for corn and soybean seeds in North America for 2011. This will be the third year in a row, the head of the company's seed division said.
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Central Agricultural Office's analysis of Spanish cucumbers to be completed early this week Hungary's Central Agricultural Office (CAO) will announce early this week the results of testing for E. coli bacteria on cucumbers imported indirectly to Hungary from Spain, CAO Deputy President Laszlo Jordan said.
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Hungary jobless rate drops to 11.4pc in February-April Hungary's average unemployment rate was 11.4pc in the 15-74 age group in February-April 2011, down from 11.6pc in January-March and down from 11.8pc in the same period of 2010, the Central Statistics Office (KSH) said.
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Hungarian-Arab business forum held in E Hungary Diplomats from Morocco, Qatar and Iraq presented their countries' economies and spoke about investment opportunities at a Hungarian-Arab business forum in Hajduboszormeny (E Hungary).
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In-ovo feeding can optimize poultry production In-ovo feeding technology has established a new science of perinatal nutrition that will open opportunities for greater production efficiency and animal welfare.
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Govt to pay sugar beet farmers HUF 2bn subsidy to keep domestic supply The government will provide Hungary's sugar beet farmers with HUF 1.98bn in subsidies from the central budget to ensure a domestic supply of sugar, the Rural Development Ministry said.
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FDA sued over antibiotics in animal feed A coalition of health and consumer organisations have filed a federal lawsuit against the Food and Drug Administration, claiming that the FDA failed to take action to protect human health.
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Rovabio enzyme profitable in broiler ddgs-diets Rovabio Excel, a versatile enzyme from Adisseo, has a proven efficacy on wheat and corn distillers dried grain with solubles (DDGS) on broilers. In trials it was able to metabolizable energy; about 5.5 pc for corn DDGS and 7.5 pc for wheat DDGS.
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Wheat prices likely to fall to HUF 40,000-60,000 per tonne in 2011 The farm gate price of wheat in Hungary is likely to fall to HUF 40,000-60,000 per tonne this year from more than HUF 80,000 in 2010, when the harvest was extraordinarily bad, Zoltan Lakatos, who heads the grain processors' section of the National Grain Association said.
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European and Asian talent shine at Alltech Young Scientist Programme With an overwhelming 5,000 entries, the Alltech Young Scientist global winners were announced at the Alltech 27th Annual International Animal Health and Nutrition Symposium.
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Matusz-Vad revenue climbs 18.5pc in Q1 Hungary's Matusz-Vad, a supplier of frozen food to the catering industry, had revenue of HUF 1.5bn in Q1, up 18.5pc from the same period last year, marketing manager Klaudia Tanos said.
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Nutrition for obtaining 35 piglets per year Denmark is the most efficient pig producer of the world and farms achieve 35 weaned piglets per sow per year. At the Alltech Symposium in Lexington, Kentucky (USA) Gunner Sorensen of the Danish Pig Research Centre talked about the prerequisites to achieve this high number.
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Nutreco preparing Provimi takeover bid According to a Dutch newspaper, Dutch animal feed group Nutreco is preparing a takeover bid for French-based rival Provimi, the paper cited sources with knowledge of the plans.
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Zwack annual profit and revenue fall Hungarian spirits-maker Zwack Unicum had post-tax profit of HUF 1.55bn in the company's business year extending from April 1, 2010 to March 31, 2011, down 31.7pc yr/yr, Zwack reported, citing figures in the company's IFRS report for the period.
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Hungarian "Gonci" apricots granted Protected Geographical Indication "Gonci" apricots grown in a specified area of NE Hungary have been inscribed in the European Union's registered of Protected Geographical Indication (PDI), the European Commission said.
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Northern Ireland animal feed industry hit by dry spell Drought conditions in Northern Ireland look set to seriously affect the region's animal feed manufacturers, according to Conservative MP Dr Therese Coffey.
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Russia does not need to continue grain export ban Russia is expected to announce a 6-7 million metric ton surplus of grain for the 2011-12 season, making it unnecessary to maintain its ban on exporting grain, says the US Department of Agriculture's Moscow attache.
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Chief vintner for Tokaj Kereskedohaz named Tokaj's Winemaker of the Year Peter Puklus, chief vintner for Tokaj Kereskedohaz, has been named Winemaker of the Year in Hungary's famous Tokaj wine region, the head of winegrowers association HNT Ferenc Marcinko said.
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Hotel in SW Hungary gets new wing with EU funding Hotel Fried in Simontornya (SW Hungary) has been expanded with a new 21-room wing and a wellness and fitness centre at a cost of HUF 300m, 43pc of which was covered from European Union funding.
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EU should speed up authorisation process for GM animal feed The European Union should speed up the authorisation processes for novel GM events, to preserve the relative importance of the EU market in animal feed products, concludes a Wageningen University study.
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Linamar Hungary Q1 revenue jumps 44pc Automotive parts and farm machinery maker Linamar Hungary booked a small profit on revenue of HUF 8.37bn in the first quarter, up 44pc from the same period a year earlier, the company said in its IFRS report for the period.
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Forestry firm to spend HUF 2bn on development of parquet floor factory in SW Hungary Forestry company Bakonyerdo Zrt will spend almost HUF 2bn on developments over three years at its parquet floor factory in Zalahalap (SW Hungary) including upgrading the plant's technology, Bakonyerdo Manager Gabor Varkonyi told MTI.
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Business sector employment rises after three months of decline The number of employees in Hungary's business sector, which includes private as well as state-owned companies, rose 2.7pc in the twelve months to March, and was also up 0.5pc on the month after three months of decline, fresh data from the Central Statistics Office (KSH) show.
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Lipids to control methane emission in dairy cows Australian scientists studied the influence of cold-pressed canola, brewers grains and hominy meal as dietary supplements suitable for reducing enteric methane emissions from lactating dairy cows.
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TechMix and GenTech join in China Nutritional product specialist TechMix, from Minneapolis USA, expands and announces the launch of joint venture in Shanghi, China. In a partnership created with GenTech China, the TechMix BioTech new facilities include a manufacturing plant, offices and sales team.
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Hungary gross wages down 1.4pc yr/yr in March Gross wages in Hungary fell 1.4pc in the twelve months to March as wages rose 4.6pc in the business sector but fell 15.9pc in the public sector, because of one-off payments of annual wage supplements in the base period, the Central Statistics Office (KSH) said.
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DDGS Sales to Southeast Asia up Sales of US distiller’s dried grains with solubles (DDGS) are up globally this year, with the largest regional gain on a percentage basis in Southeast Asia, where exports were up 27pc year-over-year for the January-March period.
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Effect of yeast protein on piglet intestines Australian scientists studied the use of nucleotides, vitamins and functional amino acids to enhance the structure of the small intestine and circulating measures of immune function in the post-weaned piglet.
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PannonMill inaugurates HUF 4bn mill in NE Hungary Hungary's PannonMill on Tuesday inaugurated a HUF 4bn mill in Tiszapalkonya (NE Hungary).
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Japan culls livestock around nuclear no-go zone The Japanese government plans to cull a vast amount of swine, cattle and poultry in the nuclear evacuation zone surrounding the country’s damaged nuclear plant, several news sources report.
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Time to re-instating food waste into livestock diets? According to waste food expert Tristram Stuart, the introduction of a formalised system of sterilising and processing waste food and converting it into a useable livestock feed is inevitable.
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Hungary foreign min visits Sudan to encourage closer business ties Foreign Minister Janos Martonyi on Sunday started talks in Sudan that aim to give impetus to closer bilateral ties between Hungary and the African country, especially in the area of trade, Mr Martonyi said.
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Parliament issues urgent call to regulate cloned foods European Parliament Vice-President Gianni Pittella deplored the fact that the sale of food of cloned animal origin will continue to be permitted in the EU without labelling requirements, in a plenary debate on failed talks to update "novel foods" rules.
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Business association re-elects construction industry magnate Demjan chairman Hungarian business association VOSZ said it unanimously re-elected construction magnate Sandor Demjan (on our photo) to another five-year term.
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Hungary to issue National Energy Strategy for public debate Hungary's National Energy Strategy is ready to be issued for public debate, state secretary for climate and energy affairs Janos Bencsik said at a press conference.
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Fishermen need help to cope with high oil prices Emergency measures are needed to help fishermen suffering from high oil prices, says the European Parliament. It believes the current ceiling on state aid should rise from 30,000 to 60,000 per company and new technologies be used to improve energy efficiency. A long-term approach is required to avoid similar problems in future.
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Commission launches a call for tenders for an ex-post evaluation of the EU Forest Action Plan The aim of this retrospective evaluation is to assess the implementation, effectiveness, efficiency and relevance of the measures relating to the EU Forest Action Plan.
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Hungary farm gate price rise picks up to 48.2pc yr/yr in March Farm gate prices in Hungary rose 48.2pc yr/yr in March, faster than the 47.5pc twelve-month increase in February, the Central Statistics Office (KSH) said.
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Cargill s Amsterdam soya plant gets EFISC certification The European Feed Ingredients Safety Code (EFISC) has approved Cargill soya plant for crush and refining in Amsterdam for EFISC certification.The plant is producing about 170.000 t of feed materials annually and is as such a major player on the feed material market.
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Market watchdog clears Linamar offer for shares of Hungarian unit Hungarian financial market regulator PSZAF approved a voluntary offer for outstanding shares of Linamar Hungary by its majority owner Linamar Corporation of Canada on May 11, Linamar Hungary said.
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Pek-Snack completes HUF 700m development Pek-Snack Kft has completed a HUF 700m development to increase capacity and update production at its plant in Igal (SW Hungary) as the last phase of the project, a HUF 220m investment was inaugurated.
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Value of new Fundamenta Home Savings Bank accounts rises 23pc yr/yr in Q1 Fundamenta-Home Savings Bank added HUF 80bn in new accounts during the first quarter of 2011, up 23pc yr/yr, though the number of new account contracts grew only slightly to 32,000 during the period, Fundamenta said.
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TakarekBank project flat profits in 2011 TakarekBank, a bank for Hungary's savings cooperatives, expects after-tax profit this year to be about the same as the HUF 600m in 2010, chairman-CEO Peter Csicsaky said.
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Market share discussions killed Sanofi-Merck JV Sanofi-Aventis plans to cut costs and expand its animal health business through acquisitions as it fully integrates Merial after the collapse of its longstanding joint venture with Merck of the US, The Financial Times writes.
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EU approve probiotic Calsporin for poultry, sport and ornamental birds The European Commission has approved the use of the probiotic Calsporin (Bacillus subtilis C-3102, No. 4b1820 - gut flora stabilizer) for turkeys, chickens reared for laying, ducks, geese, game birds, pigeons and ornamental birds.
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United Cooperative wins Land O’Lakes Purina Feed Dedication to Quality award United Cooperative, based in Beaver Dam, has received Land O’Lakes Purina Feed’s “Dedication to Quality” award for meeting or exceeding the national feed manufacturer’s safety and quality standards.
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Hungarian sweets maker Felfoldi inaugurates HUF 133m production hall Hungarian sweets maker Felfoldi Edesseggyarto on Tuesday inaugurated a HUF 133m production hall at its base in Debrecen (E Hungary).
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Rising animal feed costs in Kenya hit industry hard Animal feed manufacturers in Kenya are shuting down all over the country and many others are operating at half capacity and struggling to cover their costs, according to the Association of Kenya Feed Manufacturers (Afefema).
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Number of job-seekers continues to fall in April The number of registered job-seekers in Hungary fell 38,000 - or 5.8pc - from the previous month to 612,000 in April, while the number of new jobs announced in the country during the month rose 64,800 - by more than one-third, fresh data published by the National Employment Service (NFSZ) show.
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Farmland prices in Hungary climb 13pc in 2008-2010 The average price of farmland in Hungary rose 13pc between 2008 and 2010, but there are still big differences from region to region, a value map drawn up by the real estate appraisal department of OTP Mortgage Bank shows.
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DSM acquires the premixing unit in Romania DSM Nutritional Products has acquired the premix unit of Fatrom, the leading premix manufacturer in Romania.
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Hungary frees up sugar reserves to bring down prices Hungary's government will release 2,000 tonnes of sugar from state reserves to bring down high sugar prices, Rural Development Minister Sandor Fazekas said in a statement sent.
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European Union became net exporter again in 2010 European Union agricultural exports jumped 21pc in value to a record €91 billion in 2010, data published by the EU's executive arm showed, making the bloc a net exporter for the first time in four years.
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China rolls out food safety campaigns China's Ministry of Agriculture (MOA) said it has launched a series of campaigns to deter illegal activities in the food sector in the wake of several notorious food safety scandals that have shocked the nation.
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US campaign: Moms for antibiotic awareness On this Mother’s Day week a group of food professionals and companies want parents and parents-to-be to take a moment to join the campaign, Moms for Antibiotic Awareness.
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Farm sector financing to play bigger role for OTP Bank Financing for Hungary's farm sector will play a bigger role in the future business policy of OTP Bank, Daniel Gyuris (on the photo), deputy-CEO of the country's biggest commercial lender, told journalists.
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Pick Szeged sees expansion in Asia Pick Szeged, Hungary's biggest meat company, is setting its sights on South Korea and the Philippines after entering markets in Japan and Hong Kong, CEO Laszlo Kovacs said.
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CPF five-year focus; “India, Vietnam, Russia and Philippines” Charoen Pokphand Foods (CPF) fve year business plan has identified India, Vietnam, Russia and the Philippines as its “top priority markets for expansion, says president and CEO Adirek Sripratak, “because we plan to access those markets where we believe we can win”!
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Economy ministry official says serious structural reform needed for euro convergence Significant structural reforms must be implemented in Hungary in order to prepare the country for the challenges of the 21st century and to fulfill the criteria necessary to introduce the euro, National Economy Ministry state secretary responsible for financial policy Roland Natran said.
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Sandor Csanyi Hungary's richest person OTP Bank chief Sandor Csanyi has returned to the top of the list of Hungary's 100 richest people with estimated wealth of HUF 155bn in 2011, business daily Napi Gazdasag said in a special supplement.
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Danisco appoints new Business Manager for Iberia Agricultural engineer, Fernando Garcilópez Pérez, has been appointed by Danisco Animal Nutrition to the role of Business Manager. He will be responsible for the Iberian market, Spain and Portugal and reports to Business Director, Jose Manuel de la Fuente.
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Feedlogic launch FeedMeter product line Feedlogic Corporation, a leading supplier of intelligent feeding solutions for livestock production, is introducing FeedMeter, a new system which allows real-time measurement of feed usage on-farm.
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Cooperation agreement on rural tourism signed Three Hungarian tourism organisations and a Parliamentary sub-committee signed a cooperation agreement aimed at improving the position of rural tourism in the country.
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Hungarian, Romanian towns win EUR 522,000 cross-border EU grant The Hungarian spa town of Hajduszoboszlo and its Romanian neighbour Vadu Crisului, tucked away in a valley in the Carpathians, have won a EUR 522,000 European Union grant to promote cross-border tourism, the towns' mayors said at a press conference.
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Kemin expands petfood division with acquision from American Dehydrated Foods Kemin Industries, Inc. and American Dehydrated Foods, Inc. (ADF) have reached an agreement on acquisition terms allowing Kemin to purchase property, equipment and assets related to ADF s spray drying technology for products used in premium and super-premium pet food.
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Hungary projects big rise in geothermal energy The proportion of electricity and of energy used to heat and cool that comes from geothermal energy is expected to rise from 8pc at present to 19pc by 2020, state secretary in charge of climate and energy affairs Janos Bencsik said at a conference.
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VIV Russia to open its doors soon to international animal feed industry Soon coming up on the international calendar is VIV Russia, to be held in Moscow, from 17-19 May, in Moscow s International Crocus Exhibition Center.
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Alltech wins Hungarian product prize At the 18th Hungarian Great Plain Animal Husbandry and Agricultural Exhibition Alltech was awarded with the Product Grand Prize for Hungarian Animal Breeding for its mycotoxin programme.
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Vietnamese animal feed producers request price hike For the 15th time since the begining of 2010 animal feed producers in Vietnam have sent registrations to the Ministry of Finance to increase prices, the ministry has reported.
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Tesco blames suppliers for tainted tomatoes The Hungarian unit of UK supermarket chain Tesco said that tomatoes on its shelves with higher-than-acceptable levels of pesticides and herbicides were put there because suppliers had misinformed the retailer.
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Third attempt to sell troubled winemaker unsuccessful A third tender to sell the assets of troubled winemaker Integralt Borgazdasag, the legal successor of Egervin, based in one of Hungary's most important wine-growing regions, has been declared unsuccessful, bailiff Zoltan Szucs said.
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DSM Q1 2011 Life Sciences company DSM reported its Q1 results this week. EBITDA from continuing operations was up 14pc to € 325 million. 2011 is expected to be a strong year for DSM towards achieving the 2013 targets.
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OTP Bank shareholders approve HUF 72-per-share dividend - Budapest, April 29, 2011 (MTI-ECONEWS) - Shareholders of OTP Bank approved a proposal to pay a HUF 72-per-share dividend on 2010 profit at an annual general meeting.
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Hungrana to install HUF 3bn biogas furnaces Hungarian maize starch and isoglucose maker Hungrana plans to spend more than HUF 3bn to install biofuel furnaces at its plant in Szabadegyhaza (W Hungary), Hungrana's communications company said.
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Lactalis makes bid for 71pc share in Parmalat The French dairy group Lactalis SA has launched a surprise €3.4 billion cash bid for the remaining stake in its Italian rival Parmalat SpA. Lactalis already owns 29pc of the company.
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Nutreco invests in upgrade of fish feed capacity in Norway Nutreco is investing EUR 27 million to upgrade its fish feed plant in Averoy, Norway. The investment in the Averoy plant consists of an upgrade of the grinding facility, a new intake line and expansion of both storage capacity and operation premises.
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Valuable animal proteins are safe for feed use Draft legislation published by the European Commission confirms the safety, feed value and environmental importance of processed animal protein, according to EFPRA, the body which represents European animal by-product processors.
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EC to publish recommendations on Hun National Reform Programme on June 7 The European Commission will publish recommendations based on an assessment of Hungary's National Reform Programme on June 7, National Economy Ministry state secretary Zoltan Csefalvay told Parliament's European Affairs Committee.
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TakarekBank 2010 profit falls 59pc; bank levy weighs After-tax profit of TakarekBank, a bank for Hungary's savings cooperatives, slipped 59pc to HUF 601m in 2010 as the bank levy ate up earnings, a statement from the bank shows.
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Citibank Hungary branch 2010 profits halved After-tax profit of Citibank Europe's branch in Hungary were halved to HUF 10,45bn in 2010, in part because of an extraordinary bank levy introduced during the year, the bank said.
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Hungary jobless rate up at 11.6pc in January-March Hungary's average unemployment rate was 11,6pc in the 15-74 age group in January-March 2011, up from 11,5pc in December-February and down from 11,8pc in the first quarter of 2010, the Central Statistics Office said.
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Chinese fish float in antibiotics Water reservoirs in china rented out to fish farmers turn from crystal clear into a green gruel due to oversupply of fish, fertilizer, manure and antibiotics. Scenarios like that happen across the country, according to recent articles in the Chinese media and anecdotes collected by The Epoch Times.
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Linamar Corp makes bid for outstanding shares of Linamar Hungary Linamar Corporation, as the direct and indirect owner of 99.47pc of Linamar Hungary Nyrt, has made a voluntary bid for the remaining shares of Linamar Hungary Nyrt, the company said on the Budapest Stock Exchange website.
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Russia Cherkizovo launches $685 mln poultry project Russia's biggest meat producer Cherkizovo said it had started building a huge poultry complex worth $685 million in Yelets in the central Russian Lipetsk region.
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Hungary farm ministry drawing up support plan for hog industry Hungary's Rural Development Ministry is working on a plan to help the country's hog industry out of crisis, state secretary Gyorgy Czervan said at a press conference.
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China feed amino acid industry report 2010 In the feed industry, amino acid is an important nutritional additive whose main role is to compensate for the lack of amino acids in feed, thus saving a lot of high-quality protein feed such as bean cake (dregs) and fish meal, and lowering feed costs.
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MKB Bank to sell Romanian unit Hungary's MKB Bank, majority owned by Bayern LB, has decided to leave the Romanian market by selling its Romanian subsidiary, MKB Romexterra, by 2013, the Romanian financial daily Ziarul Financiar reported.
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Provimi further invests in Poland Provimi one of the leading feed manufacturers in Poland – recently introduced a new marketing strategy and implemented an innovative investment process in the largest factory in Poland.
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Govt aims to raise number employed in ag sector to 700,000 Hungary's government aims to raise the number of people working in the farm sector to 700,000 by 2020, business daily Vilaggazdasag reported, citing a draft of the National Rural Strategy.
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Ministry terminates Synergon contract Hungarian IT company Synergon said a contract worth hundreds of millions of forints that it signed with the Ministry of Environment and Water in 2009 had been terminated by the ministry's successor.
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China secures corn for animal feeds China, the world's second-largest corn consumer, will limit corn consumption in non-feed sectors to ensure supply for animal feed mills and to help control prices, corn traders and local media reports said.
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Gold Brikett to build HUF 220m bio-briquette plant in E Hungary Gold Brikett is spending HUF 220m to build a bio-briquette plant in Jaszladany (E Hungary), the town's mayor, Istvan Danko said.
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Linamar Hungary profits ploughed back into company Shareholders of automotive parts and farm machinery maker Linamar Hungary decided to plough all of last year's after-tax profit of HUF 444m back into the company at an annual general meeting.
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Draft of agriculture chamber law put to public debate A draft of the law on Hungary's agriculture chamber has been completed and will be the subject of public debate until May 15, Rural Development Minister Sandor Fazekas said at a press conference.
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Prestigious Debrecen hotel offered in third round of tender The Grand Hotel Aranybika (Golden Bull) owned by the troubled Civis Hotels has been offered for at an unchanged price of HUF 1.9bn in the third tender for the sale of the landmark in the centre city of Debrecen (E Hungary), liquidator Imre Buga said.
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Hungarian university completes industrial park The University of Debrecen hosted a conference winding up a HUF 760m project to build an industrial park on campus.
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Assets in OTP Bank long-term savings accounts climb over HUF 209bn Assets in OTP Bank's Long-Term Investment Accounts (TBSZ) and Pension Savings Accounts (NYESZ) have grown to more than HUF 209bn, deputy-CEO Antal Kovacs said.
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Hungary govt debt manager plans net forint issues of HUF 269bn Hungary's Government Debt Management Agency (AKK) plans net forint issues of HUF 269bn in May-July, with all net issuance in bonds, AKK's fresh three-month forint issue plan revealed.
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Cornerstone of business incubator laid in NW Hungary The cornerstone of a business incubator was laid in the MoWinPark Innovation and Trade Park, in Mosonmagyarovar (NW Hungary).
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Farm gate price of eggs nearly halved The farm gate price of eggs in Hungary has fallen about 45pc since last Easter, Peter Foldi, an advisor for the Egg Association said.
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Final phase of Szeged bypass inaugurated The third and final phase of a bypass around the city of Szeged (SE Hungary) was opened to traffic, the National Development Company (NIF) said.
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EU strongly divided on GM foods Half of all European Union states see no benefit from genetically modified crops according to an internal survey, the European Commission has said.
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Tesco leads Hungary retail food-seller market in 2010 UK supermarket chain Tesco again led Hungary's market of retail food sellers in 2010, generating revenue of HUF 666.5bn, up from HUF 638.4bn in 2009, market research company Nielsen said.
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Export price of Hungarian lamb up 20pc The export price of Hungarian Easter lamb, mostly exported to Italy, has increased close to 20pc from last year, trade website agribusiness.hu said.
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Tetra Pak revenue rises 6.75pc in 2010 Tetra Pak Hungaria, the Hungarian unit of Lausanne-based multinational food-processing and packaging company Tetra Pak, generated revenue of HUF 7.9bn in 2010, up from HUF 7.4bn in 2009 and HUF 7.8bn in 2008, Tetra Pak informed.
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Government to launch agricultural Szechenyi Card in April The government could launch the Szechenyi Card for the agricultural sector in April, Hungarian consulting company Korics Euroconsulting told.
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Research grant for efficient beef growing project Animal scientists from several universities, including the University of Nebraska-Lincoln, will collaborate on research aimed to improve beef cattle feed efficiency.
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Fighting heat stress in broilers Heat stress is still an important cause of performance loss in broilers. Chinese researchers investigated the effect of glutamine and buteric acid and in India yeast was used to reduce heat stress effects.
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Hungary gross wages rise 4.8pc yr/yr Gross wages in Hungary rose 4.8pc in the twelve months to February as wages rose both in the business and in the public sector in the period, the Central Statistics Office (KSH) said.
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Parliament approves Hungary's new constitution Hungary's parliament approved the country's new constitution by a vote of 262 in favor, 44 against and one abstention.
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Futureal and Irish partner to build EUR 70m shopping center in Poland Hungarian developer Futureal and Warsaw-based Irish investment group Caelum Development will build a EUR 70m shopping center in the city of Gorzow Wielkopolski in western Poland, Futureal said.
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India benefits of non-GMO demand Japan and EU India's oil meals exports to Japan in FY11 jumped more than two-fold to 1,259 million tonnes as the latter prefers non-genetically modified (GM) crop produced by India, according to an industry body.
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New HUF 13bn Tisza River Bridge opened The new Ferenc Mora bridge spanning the Tisza River on a soon-to-be-opened section of the M43 motorway between Szeged and Mako (S Hungary) was opened.
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National Bank of Hungary keeps rates on hold at 6,00pc The National Bank of Hungary's Monetary Council decided to keep the central bank's key rate on hold at 6,00pc, in line with market expectations.
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Slovak group's Hungarian meat industry acquisitions under scrutiny The Slovak Penta group's acquisitions of Hungarian meat industry holdings have come under the scrutiny of the officials of Hungarian rural development ministry as well as representatives of the concerned companies and municipalities, the regional daily Kisalfold said, quoting head of Hungarian farm association Magosz Istvan Jakab.
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Russia expects increase in poultry and pork production Russian officials have said that plans are in place to raise output of poultry meat and pork this year, without mass slaughtering, as it has sufficient animal feed even in spite of last year's drought, which cut feed grain output.
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Hungarian Banking Association elects new chairman The Hungarian Banking Association said it elected Mihaly Patai, the chairman-CEO of UniCredit Bank, to head the association.
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Ministry of Rural Development signs agreement with Mongolia Hungary's Ministry of Rural Development and Mongolia's Ministry for Food, Agriculture and Light Industry have signed an agreement to cooperate in the areas of agricultural technology, trade, training and science.
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Easter sweets sales reach HUF 2,7bn in Hungary Sales of seasonal sweets around Easter edged down 1pc to HUF 2,7bn in 2010, market research company Nielsen said.
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Nyiregyhaza local council in talks on EUR 25m expansion of industrial park The local council of Nyiregyhaza is in talks with three investors on a EUR 25m expansion of the city's industrial park, mayor Ferenc Kovacs said after a meeting of the council.
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20 Years of Axiál Axiál has been in business for 20 years. The Baja-based company is a specialist in machine parts distribution and servicing. Axiál is not only the largest firm in Baja but has the most financial clout in Bács-Kiskun County based on its 2009 revenue.
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European Union opens up its market to Palestinian exports Catherine Ashton on behalf of the European Union signed an Agreement with Prime Minister Fayyad (on the picture) that gives all agricultural products, processed agricultural products and fish and fishery products originating in the West Bank and Gaza Strip immediate duty free access to the EU market.
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Drought imperils hopes of end to US cattle decline The drought in the US Great Plains, which is causing consternation among wheat growers, is also threatening moves among cattle farmers to rebuild herds after a decline lasting since the 1970s, US farm officials said.
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Ministry expects to save HUF 400bn on long term through restructuring PPP The government expects to save around HUF 400bn over the long term through the replacement or restructuring of the 100 public-private-partnership (PPP) projects, the National Development Ministry said in a statement.
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China may cancel soybean imports Chineses soybean importers may cancel some shipments due to the fall in soymeal prices and poor crushing margins, an official with state grain trader Cofco Ltd. said.
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EU grants Kemin extension for active microbial product Kemin has received an extension on the compatibility of CloSTAT™ with four additional coccidiostats in Europe.
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Rural Development Ministry biotech center wins HUF 220m The Ministry of Rural Development's Agricultural Biotechnology Center in Godollo, 30 km northeast of Budapest, has won HUF 221,5m in non-refundable European Union support.
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Hungary meat industry contracts 1-2pc in 2010 Hungary's meat industry contracted 1-2pc in 2010, according to preliminary data from the Central Statistics Office (KSH), Hungarian Meat Industry Association head Tamas Eder said journalists.
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Hunest Biorefinery plans HUF 18bn bioprocessing plant in central Hungary Project company Hunest Biorefinery expects to acquire the necessary permits in May or June for the planned construction a HUF 18bn bioprocessing plant at the industrial park in the town of Balatonfuzfo (central Hungary), Hunest Biorefinery CEO Laszlo Kovacs said.
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Bike path between towns in Hungary, Romania The Koros Valley Nature Park Association said it won a EUR 4,9m European Union cross-border cooperation grant to complete a bicycle path between the Hungarian city of Bekescsaba and Salonta, in Romania.
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Castle in W Hungary undergoes HUF 822m renovation The HUF 822m renovation of the Sumeg Castle (W Hungary) will be completed in the middle of June, Sumeg mayor Ferenc Ratosi said.
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Hungarians eat more Easter ham Hungarians consumed about 5.500 tonnes of ham worth more than HUF 9bn during the Easter season last year, up 6pc both in terms of value and volume from 2009, market research company Nielsen said.
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Hungary farm gate price rise picks up to 47,5pc yr/yr in February Farm gate prices in Hungary rose 47,5pc yr/yr in February, faster than the 39,6pc twelve-month increase in January, the Central Statistics Office (KSH) said.
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Mushroom cooperative goes under liquidation The Pest County Court has ordered First Hungarian Mushroom Bourse under liquidation after the farm cooperative failed to make payments on a loan to build a HUF 500m refrigerated warehouse, business news portal Gazdasag.hu said.
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Unilever Multifrozen inaugurates HUF 100m ice cream warehouse Unilever Multifrozen inaugurated a HUF 100m freezer warehouse for ice cream in Veszprem (NW Hungary).
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Date pits concept to be patented for anti bacterial properties Researchers at the Al Ain University in the United Arabic Emirates (UAE) are testing the use of date pits to replace antibiotics administered to chickens. The idea is so promising that the university is patenting the concept.
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Feed millers swing to cheaper wheat High corn prices are set to prompt animal feed manufacturers to use more wheat, it has been suggested.
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New IFIF director The International Feed Industry Federation (IFIF) has appointed Alexandra de Athayde to the position of Executive Director of IFIF based in Brussels, Belgium.
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Hun hogs too few, too costly, says food industry magnate Hungarian food industry magnate Sandor Csanyi brushed off complaints by a farm ministry state secretary that his flagship company Pick Szeged, one of Hungary's best known salami makers, is buying hogs from abroad while domestic farmers cannot sell their livestock, speaking in an interview published in weekly Heti Valasz.
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Hansa Kontakt inaugurates HUF 1bn CBA Prima Cash and Carry Hansa Kontakt on Thursday inaugurated a HUF 1bn CBA Prima Cash and Carry in the Szeged Industrial Park (SE Hungary).
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Sales of Easter sweets could reach HUF 2,8bn this year Sales of Easter sweets in Hungary could edge up to HUF 2,8bn this year from EUR 2,7bn in 2010, Sandor Santa, who heads the Sweets Makers Association, said.
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European Commission asks Hungary to comply with legislation on protected species The European Commission on Wednesday said it asked Hungary to comply with European nature protection legislation in an area that is home to endangered bird species.
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Turkey integrator Procavi opens new feed mill Spanish feed miller Procavi, specialised in turkey feeds, has launched a new feed processing plant in the municipality of Carmona in Seville.
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Cargill acquires ethanol facilities In a week’s time Cargill has purchased two ethanol/alcohol facilities; one in the US and one in the Netherlands.
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AJG Agrogep lays cornerstone of HUF 200m production hall Hungarian- and German-owned farm machinery and vehicle maker AJG Agrogep on Tuesday laid the cornerstone of a HUF 200m production hall at its base in Nyirtelek (NE Hungary).
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Waberer's to use EUR 12m injection for expansion abroad Hungarian road haulage company Waberer's Holding will use a EUR 12m capital injection from its new owner Mid Europa Partners to expand into other countries in the region, chairman-CEO Gyorgy Waberer said.
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BASF increases prices for nature-identical carotenoids Germany based chemical company BASF globally increases prices for all nature-identical carotinoid formulations containing canthaxanthin, citranaxanthin, C30-ester and beta-carotene by approximately 12pc, effective immediately or as existing commitments allow.
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Sandor Gazdag appointed new CEO of Coop Gyor Zrt Sandor Gazdag has been appointed to serve as the new CEO of Coop Gyor Zrt owner COOP Szolnok Kereskedelmi Zrt, the company informed.
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US farmers increase corn plantings The US Department of Agriculture announced the 2011 farmer planting intentions of 92,2 million acres of corn, 3 million acres of barley and 5,6 million acres of sorghum.
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Hungarian-Polish agricultural-subsidy consultation agreement extended Hungary's Agricultural and Rural Development Office has extended for a period of four years its cooperative agreement with Poland's Agricultural Market Agency, the Agricultural and Rural Development Office said.
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Magyar Turizmus launches conference tourism campaign State tourism agency Magyar Turizmus on Monday said it launched a campaign that is expected to draw at least 60 more international conferences to Hungary.
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Bangladesh seizes tainted poultry feed The Bangladesh Department of Environment (DoE) has seized 16 tonnes of poultry feed mixed with toxic tannery filth in the city.
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Cargill to open rebuilt feed mill Cargill Animal Nutrition will on May 1, 2011 start producing at their new facility, known as the Feed Depot at Letterkenny (Pennsylvania, US) which replaces the feed mill that was destroyed in a fire on Feb. 12, 2010.
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Feed costs cut Cal-Maine profits Cal-Maine Foods Inc.'s earnings fell as the producer of eggs and egg products reported feed costs jumped 16% and selling prices eased.
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Israeli group tenders for corn, products, soymeal A consortium of Israeliprivate buyers has issued a tender to purchase up to 24.000 tonnes of corn from either the U.S., South America or Europe, European traders said.
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Argentina to allow 3 mln T corn exports Argentina is about toauthorize the export of another 3 million tonnes of 2010/11 corn on top of the 8,5 million already approved for shipment, Agriculture Minister Julian Dominguez said.
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EU cleared 480.000 tonnes wheat exports this week The European Union this weekgranted export licences for 480.000 tonnes of soft wheat, taking the total since the beginning of the 2010/11 (July-June) season to 15,4 million tonnes, official data showed.
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Jordan buys 50.000 T wheat in tender Jordan's state grains buyerhas purchased 50.000 tonnes of hard wheat in a tender for 100.000 tonnes which closed, European traders said.
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Hungary jobless rate up at 11,5pc in December-February Hungary's average unemployment rate was 11,5pc in the 15-74 age group in December 2010-February 2011, up from 11,2pc in November-January, and up from 11.4pc in the same period a year earlier, the Central Statistics Office (KSH) said.
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Hog farmers demonstrate in front of Parliament The Hungarian Hog Farmers Association (MSSZ) organised a demonstration in front of Parliament on Wednesday to draw attention to the plight of members.
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Kolcsar inaugurates HUF 100m pastry plant Family-owned bakery Kolcsar on Wednesday inaugurated a HUF 100m pastry plant at its base in Oroszlany, not far from Budapest.
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Agricultural company installs rapeseed press Hungarian agricultural company Fuzvolgyi Agrar has begun operations at its HUF 170m rape press in its plant in Fuzvolgy (SW Hungary), the regional daily Zalai Hirlap published.
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Ukraine to review grain export regime from April 1 Ukraine is likely to replace thecurrent grain export quotas with other customs restrictions from April 1, Interfax Ukraine news agency quoted a senior official as saying.
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China sells 108.991 T feed wheat, 36 pct of volume China's government sold108,991 tonnes of state wheat reserves whose quality has deteriorated for animal feed production, 36 percent of the volume of 300.990 tonnes offered at auction.
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India says may lift wheat export ban in April-May India is considering liftinga ban on wheat exports by April or May, Junior Farm Minister Arun Jadhav said, as the country heads for an all time record production of the grain in 2011.
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||
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Gyulai Huskombinat still makes loss as market contracts Gyulai Huskombinat, one of Hungary's oldest and most famous sausage makers, made losses again last year as the market contracted and its sales fell, CEO Janos Ruck said.
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Thai firm offers rice at $508,4/T in Bangladesh tender Chaiyaporn Rice and FoodProducts Company Ltd, one of Thailand's major rice exporters, made lowest offer at $508,40 a tonne, including CIF liner out, in a Bangladesh tender to import 50.000 tonnes of parboiled rice, a food official said.
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Russian grain prices fall on supply rise Most Russian grain pricescontinued declines last week on rising supply and widespread speculation about larger than expected volumes of hidden cereals, analysts said.
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||
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Russia Grain Union forecasts 86 mln T harvest The Russian Grain Union said itexpects the overall grain harvest to reach 86 million tonnes this year, up from 60,9 million tonnes in 2010, while a worst-case scenario would result in a 76 million tonne crop.
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||
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Mineral-water company Kekkuti Asvanyviz halves losses last year Hungarian mineral-water company Kekkuti Asvanyviz sustained losses of HUF 500m in 2010, compared to losses of around HUF 1bn in 2009, company Corporate Relations Director Balazs Szabo said.
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||
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Company: The Bühler The global Bühler Technology Group has once again grown markedly in its anniversary year 2010.
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||
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China market analysis 2010-2011 Beijing Shennong Kexin Agribusiness Consulting has released two reports on Chinese agricultural developments in the feed and livestock sector.
|
||
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Hungarian, Slovak rural dp'ment state secretaries sign partnership agreement State secretary of Hungary's Ministry of Rural Development Zsolt Nemeth and state secretary of Slovakia's Ministry of Agriculture and Rural Development Gabor Csicsai signed a partnership agreement.
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Hungary establishes new trade and investment agency The Hungarian Investment and Trade Agency (HITA) aims to protect Hungarian jobs and create new ones by rewarding investments in the country and developing trade, HITA head Erzsebet Dobos said at a press conference, showcasing the newly established indpendent government office.
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Private equity company to acquire 49pc of Waberer's Private equity company Mid Europa Partners will acquire a 49,05pc stake in Hungarian road haulage company Waberer's and make a EUR 12m capital injection, Mid Europa Partners said.
|
||
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Hungary-Romania launch EUR 1,5m EU cross-border cooperation programme Representatives of communities and organisations in Hungary and Romania launched a cross-border cooperation programme aimed at developing fruit and vegetable farming technology supported with EUR 1,5m in EU funding.
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||
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Number of grocery stores drops 2pc in Hungary last year The number of grocery stores operating in Hungary dropped by 332, or 2pc, to 19.569 last year, market researcher Nielsen informed.
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||
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Ministry works to keep budget freeze from affecting farmers The Rural Development Ministry is acting to ensure that some HUF 19bn frozen in its budget has the smallest impact possible on farmers, deputy state secretary Andras Istvan Simon told a subcommittee of Parliament's Agriculture Committee.
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||
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Chinese gov't clamps down even more on illegal substances in animal feed Henan’s authories have been ordered by a Chinese government taskforce to clamp down even more on the use of illegal substances in animal feed.
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||
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Debreceni Csoport to shut down cured sausage plant Debreceni Csoport will shut down the cured sausage plant of recently acquired unit Kaiser Food in May, regional daily Kisalfold reported.
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National Land Fund to sign contracts for unutilised land Hungary's National Land Fund Manager (NFA) is to sign contracts with farmers to cultivate unutilised plots of state-owned land for up to a year, the Rural Development Ministry said.
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||
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Second attempt to sell troubled winemaker unsuccessful A second tender to sell the assets of troubled winemaker Integralt Borgazdasag, the legal successor of Egervin, based in one of Hungary's most important wine-growing regions, has been declared unsuccessful, bailiff Zoltan Szucs said.
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Hungarian language internet portal in Romania launches business site Transindex, a Hungarian language internet portal in Romania, has launched an economy and business news and information site.
|
||
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Hungary fruit, vegetable harvest plunges because of bad weather Hungarian fruit and vegetable growers harvested a little less than 2m tonnes of produce last year, well under the 2.5m-2.6m average because of extreme weather conditions, Bela Martonffy, head of FruitVeB, said at a meeting of the professional association.
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Hungary receives more FDI in 2010 A net EUR 2.1bn in foreign direct investment (FDI) arrived to Hungary in 2010, up from EUR 1.5bn in 2009, the business daily Vilaggazdasag said.
|
||
 |
Zuellig Group to secure it’s own feed milling requirement with corn production A 30,000-hectare corn plantation in the Philippines will be set up by the Zuellig Group in order to ensure its own feed milling requirements are met. The firm is currently testing plantations for its major corn production plans to become a reality.
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EU ministers reach stalemate on GM crop decision European farm ministers have failed to agree on whether to grant import approval to three genetically modified (GM) crops, which means the final decision now rests with the bloc's executive, diplomatic sources have said.
|
||
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Debrecen, Oradea sign support contract for EUR 4m The Hungarian city of Debrecen and Oradea, in Romania, signed an agreement on European Union funding for EUR 4m in investments on Friday to support business developments.
|
||
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Hungary gross wages rise 1,6pc yr/yr in January Gross wages in Hungary rose 1,6pc in the twelve months to January as wages rose in the business sector and dropped in the public sector in the period, the Central Statistics Office (KSH) said.
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Japan delays corn imports Japanese corn importers are delaying the purchase of the grain after the March 11 earthquake and tsunami damaged ports in the nation’s northeast, suspending unloading operations from vessels, said Nobuyuki Chino, president of Unipac Grain Ltd.
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||
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Hungary to distribute intervention grain as food aid Hungary's Agriculture and Rural Development Office (MVH) has 383.691 tonnes of intervention grain, a part of which it will distribute as food aid, the MVH informed.
|
||
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Dairy Farmer Finds Unusual Forage Grass A US Department of Agriculture (USDA) grass breeder has rediscovered a forage grass that seems just right for today's intensive rotational grazing.
|
||
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Intl hunting fair FeHoVa opens at Hungexpo The 18th Fishing, Hunting and Arms International Exhibition (FeHoVa) opened at Hungexpo in Budapest.
|
||
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Chinese pigs test positive for illegal feed additive In central China’s Henan Province 19 pigs have tested positive to having a banned additive, Clenbuterol, which is poisonous to humans, in their urine, Jiyuan city government said in a statement.
|
||
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Budapest int'l airport renamed after composer Liszt Parliament voted on a Fidesz-sponsored bill containing a passage renaming Budapest's international Ferihegy airport to "Budapest Ferenc Liszt International Airport".
|
||
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Feed product addresses challenging period of a cow’s life “With all areas of cost seemingly rising ever faster, cows are now required to perform at their optimum capacity more than ever,” says Chris Williams, managing director of Zintec Feed Supplements the Herefordshire Supplement manufacturer.
|
||
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US$6,6 million study could lead to better corn plants University of Missouri researcher has received a $6,6 million grant from the National Science Foundation to lead a research team to study the genes that control the movement of carbohydrates in corn.
|
||
 |
Hungary reform plan move in right direction The European Commission sees visible signs in reform measures announced at the beginning of March that Hungary is going in the right direction on the path of fiscal consolidation, European Commissioner for Economic and Monetary Affairs Olli Rehn said in Brussels.
|
||
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Alltech to work with dairy industry With the price of corn more than doubling and the market value of milk still on the rebound, the perils facing dairymen worldwide have amplified as they struggle to produce more and more with less and less.
|
||
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Cargill to expand grain facility Cargill AgHorizons will increase its grain storage capacity to 3.430.000 bushels from 1.084.000 at its grain elevator here with the addition of six steel bins.
|
||
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CBA turnover flat in 2010 Revenue of CBA shops in Hungary edged up 1,4pc to HUF 555bn in 2010, the Hungarian-owned supermarket company said.
|
||
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Hungary CPI accelerates slightly to 4,1pc in Feb Hungary' consumer prices rose 4,1pc year-on-year in February, accelerating from 4.0pc in January, the Central Statistics Office (KSH) said.
|
||
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China GMO corn hits policy wall A genetically modified (GM) phytase corn variety, intended for animal feed, which was given a safety approval in late 2009, is now caught up in China’s policy system.
|
||
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Ten year outlook for animal protein business: Rabobank Feed prices are here to stay, Brazil’s corn potential could grow faster, Russia will soon become self-sufficient with regard to pig and poultry production, China will most likely face large grain imports – and by the way, China also suffers from Foot-and-Mouth Disease these days.
|
||
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CBA turnover flat in 2010 Revenue of CBA shops in Hungary edged up 1,4pc to HUF 555bn in 2010, the Hungarian-owned supermarket company informed.
|
||
 |
Spar Magyarorszag says legal predecessor violated law on payment deadline It was not Spar Magyarorszag but company predecessor Plus Elelmiszer Diszkont that made the contract which a court has declared illegal, Spar spokesman Istvan Feher said.
|
||
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Auchan Magyarorszag 2010 revenue flat, losses narrow The Hungarian unit of French supermarket chain Auchan had gross revenue of HUF 225bn in 2010, about the same as in 2009, Auchan Magyarorszag CEO Jean-Paul Filliat said.
|
||
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Hubbard Zimbabwe calls for poultry farmers Hubbard Zimbabwe has urged poultry farmers to ensure that their poultry feed comes from suppliers who are reputable in the industry.
|
||
 |
Kemin AgriFoods commemorates 50 years of innovation Kemin AgriFoods, a division of Kemin Industries, celebrates its Golden Jubilee, marking fifty years of in the field of safety, efficiency and health through animal nutrition.
|
||
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Court rules Spar Magyarorszag broke law on payment deadline A municipal court has found supermarket chain Spar Magyarorszag broke the law by giving itself a payment deadline longer than 30 days in contracts with suppliers.
|
||
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Methane production in dairy cows Dutch researchers investigated the effects of a combination of feed additives on methane production, diet digestibility, and animal performance in lactating dairy cows.
|
||
 |
Work stoppages at Argentine grain export ports spread After picketing workers in San Lorenzo now also tugboat operators at the ports of Bahia Blanca and Quequen in southern Buenos Aires Province going on strike.
|
||
 |
New Hope asks Chinese govt to stop blocking DDGS China's largest animal feed producer, New Hope Group, called on the government to stop its anti-dumping investigation against exports of US dried distillers grains with soluble (DDGS).
|
||
 |
China GMO corn hits policy deadlock China's first strain of genetically modified corn is facing policy deadlock and may take years before it can be planted, a Chinese researcher said.
|
||
 |
Iraq buys 400.000 T of wheat from US, Australia Iraq has bought 400.000 tonnes of wheat from the United States and Australia in its latest tender, the director general of Iraq's grains trading board said.
|
||
 |
Egypt's GASC says has at least 5 months wheat supply Egypt, the world's biggest wheatimporter, has secured enough wheat supplies to last at least five months and is pursuing its purchases as normal, the main wheat buyer said.
|
||
 |
Lebanon buys 22.500 tonnes of milling wheat-traders The Lebanese government'spurchasing agency bought last week 22.500 tonnes of milling wheat from Moldavian and US origin, European traders said.
|
||
 |
Hungary outlines reform plan, in English Hungary's National Economy Ministry published on its website a document, in English, outlining a reform plan unveiled a week earlier.
|
||
 |
Exporters sell soybeans to China for 2010/11 Private exporters reported optionalorigin sales of 120.000 tonnes of soybeans to China for delivery during the 2010/11 marketing year, the U.S. Agriculture Department said.
|
||
 |
ForFarmers expands to the South Netherlands’ second largest feed cooperative ForFarmers has acquired four hectares of land in the town of Oss in the south of the country. This is a first step in the realisation of a new feed processing plant.
|
||
 |
OTP Bank to pay moderate dividend on 2010 profit OTP Bank expects to pay a dividend - albeit a moderate one - on 2010 profits this year, deputy-CEO Laszlo Bencsik said, after the bank published its Q4 report.
|
||
 |
Farm minister orders investigation of sugar market Rural Development Minister Sandor Fazekas has ordered an immediate investigation of practices of companies on the sugar market, state secretary Gyorgy Czervan said.
|
||
 |
Certified soy for Europe expected in May The sale of certified soy to Europe by the Roundtable on Responsible Soy (RTRS) is expected to take off in May.
|
||
 |
South Korea permits Syngenta’s Agrisure stacked-GM corn Syngenta Seeds, Inc. has received import approval from regulatory authorities in South Korea for hybrids containing the Agrisure Viptera 3111 trait stack.
|
||
 |
Taiwan trade delegation to visit Budapest in April Business people from almost 60 Taiwanese companies will meet with their Hungarian peers in Budapest on April 5 as part of a trade delegation, the Taiwan External Trade Development Council (TAITRA) said.
|
||
 |
Weevils hamper India-Vietnam grain trade India exports maize and soybean cake to Vietnam and Vietnam re-exports part of the products back to India, causing a ‘trade conflict’ between the two countries.
|
||
 |
Spar Magyarorszag revenue falls 4pc in 2010 Consolidated revenue of supermarket company Spar Magyarorszag Kereskedelmi fell 4pc to HUF 381,3bn in 2010, managing director Peter Feiner said at a press conference.
|
||
 |
Tokaj Kereskedohaz could double wine exports to US State-owned wine trader Tokaj Kereskedohaz could double its exports to the United States, CEO Istvan Kiss said, a few days after returning from a trip to the country.
|
||
 |
Weevils hamper India-Vietnam grain trade India exports maize and soybean cake to Vietnam and Vietnam re-exports part of the products back to India, causing a ‘trade conflict’ between the two countries.
|
||
 |
Govt plan outlines HUF 550bn-900bn in annual fiscal improvement The government unveiled a broad structural reform plan that aims to improve the fiscal balance by HUF 550bn in 2012 and by HUF 900bn in both 2013 and 2014.
|
||
 |
Matusz-Vad revenue climbs 19pc in 2010 Hungary's Matusz-Vad, a supplier of frozen food to the catering industry, had revenue of HUF 6,5bn in 2010, up 19pc from the previous year, marketing manager Klaudia Tanos said.
|
||
 |
Global GM crop area keeps on growing World plantings of genetically-modified crops keeps increasing and have hit one billion hectares, but areas in Europe decline.
|
||
 |
Value of new retail loans drops in Jan The value of new retail loans signed by Hungarian banks fell in January from previous months, fresh data published by the National Bank of Hungary (NBH).
|
||
 |
Kekkuti retains leading position on Hungary mineral water market Kekkuti Asvanyvizgyarto retained its leading position on the mineral water market in Hungary last year, selling 101.8m bottles of mineral water, the company said based on figures from the market research company Nielsen.
|
||
 |
Hungary jobless rate up at 11,2pc in November-January Hungary's average unemployment rate was 11,2pc in the 15-74 age group in November 2010-January 2011, up from 10,8pc in October-December, and up from also 10,8pc in the same period a year earlier, the Central Statistics Office (KSH) said.
|
||
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Hungarian stand at Paris farm show draws more than 20.000 More than 20.000 visitors came to the Hungarian stand at the Paris International Agricultural Show on February 19-27, Attila Fodor, communications director for supermarket chain CBA, which helped organise Hungary's presence at the fair said..
|
||
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US Grain Exports-Corn sales at 5-1/2-month peak on supply worry U.S. corn export sales rose 41 percent lastweek and topped 1 million tonnes for a fourth consecutive week as concerns about tight supplies accelerated buying, even as prices hovered near 2-1/2 year highs.
|
||
 |
Exporters sell U.S. soy to China for 2011/12 Private exporters reported the sale of 165.000 tonnes of U.S. soybeans to China for delivery during the 2011/12 marketing year, the U.S. Agriculture Department said.
|
||
 |
Hungary grocery sales volume edges up in 2010 Retail sales volume of food, household chemicals and cosmetics by Hungarian groceries rose 2pc in Hungary in Q4 from the same period a year earlier, climbing for the first time in a year and a half, market research company Nielsen said.
|
||
 |
USDA to update projection of large US plantings Sky-high grain prices willbring the biggest surge in U.S. plantings in 14 years, the Agriculture Department says in projections that it will update at its annual Outlook Forum.
|
||
 |
Vietnam rejects Indian corn, soymeal cargoes Vietnamese plant protectionauthorities have insisted that the owners of 50.000 tonnes of Indian corn and soymeal re-export the cargoes, which were found to be infested with insects, traders said.
|
||
 |
Dairy product sales rise in Hungary Retail sales of fruit yoghurt, sour cream, cottage cheese and butter rose to HUF 95bn last year, while cheese sales reached HUF 75bn, market research company Nielsen said.
|
||
 |
Hungarian, Russian business leaders meet in Budapest Hungarian and Russian business leaders met in Budapest for the start of a two-day forum.
|
||
 |
Australia's weather outlook favours winter wheat plantings Eastern Australia is expected tosee wetter than average weather in the March to May period, the weather bureau said, indicating the region may see ideal wheat planting conditions when seeding of the 2011/12 crop starts in April.
|
||
 |
Labour dearth to double India herbicide mkt in 3 yrs Herbicide demand in India isrising sharply and could double in the next three years as an acute labour shortage makes them a cheaper option and a rally in farm goods prices prompts farmers to grow crops with extra care.
|
||
 |
DJ Saudi Arabia Tenders For 275.000 Tons Of Milling Wheat Saudi Arabia's state grains buyer, the Grain Silos and Flour Mills Organization, has issued a tender to buy 275.000 metric tons of milling wheat, European traders said.
|
||
 |
Wine trade group expects to have HUF 1bn for marketing in 2011 Hungary's Wine Marketing Committee expects to have HUF 1bn available for marketing activities in 2011, committee President Attila Geonczeol said.
|
||
 |
US DDGS exports reach record high in 2010 The United States, due to a 400pc increase in ethanol exports in 2010, managed to increase its export of DDGS by 60pc compared to 2009.
|
||
 |
Alpha-Vet, Phylaxia Pharma set up JV in Mongolia Hungarian veterinary products company Alpha-Vet on Tuesday said it established a joint venture with peer Phylaxia Pharma in Mongolia at a cost of USD 100.000.
|
||
 |
Government to extend use of Szechenyi Card to agriculture The government decided to extend usage of Szechenyi Card credit to Hungary's agricultural sector, government Spokeswoman Anna Nagy announced.
|
||
 |
Enriched diets for rabbits Hungarian scientists studied the effect of level and source of vitamin E addition of a diet enriched with sunflower and linseed oils on growth and slaughter traits of rabbits.
|
||
 |
“Chickens are risk to human health” New evidence from Dutch research indicates that eating chicken can cause resistance to antibiotics in human. Patient suffering from serious urinal or bloodstream infections - caused by so-called ESBL-bacteria or ‘superbugs’ - cannot be cured with the most important antibiotics.
|
||
 |
EU permits GM material in feed European Union officials approved proposals to allow trace amounts of unauthorized genetically modified material in animal-feed imports. Member states will now allow shipments to include traces of GM material of up to 0,1pc.
|
||
 |
Corn stover valuable cattle feed A new process can improve feedlot’s profits using stalks, leaves, cobs of corn currently left on field.
|
||
 |
Central bank leaves base rate on hold, as expected The Monetary Council of the National Bank of Hungary (NBH) decided at a meeting on Monday to leave the central bank's key rate on hold at 6,00pc, in line with market expectations.
|
||
 |
Ministry fines Pannon Honig HUF 1m Hungary's Ministry of Rural Development fined honey maker Pannon Honig HUF 1,05m for conducting business without authorisation and distributing honey of unspecified origin, the daily Nepszabadsag reported.
|
||
 |
Hungary has own stand for first time at Paris farm expo For the first time, Hungary has its own stand at the Paris International Agricultural Show which opened.
|
||
 |
Wheat price hike increases poverty in Pakistan The price of wheat increased in Pakistan by 16 percent between June and December last year, leading to an increase of 1,9 percentage points in poverty, said a Food Price Index released by the World Bank published in local media.
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||
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Exporters sell US corn to Mexico, wheat to Turkey Private exporters reported the sale of 156.100 tonnes of U.S. corn to Mexico and 100.000 tonnes of U.S. hard red winter wheat to Turkey, said the Agriculture Department.
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Linamar Hungary Q4 revenue rises, after-tax losses decrease Farm-machinery manufacturer and automotive-industry supplier Linamar Hungary generated turnover of HUF 7,15bn in the fourth quarter of 2010, up 65,5pc yr/yr, sustaining after-tax losses of HUF 463m during the quarter, down from after-tax losses of HUF 525m in Q4 of the previous year, the company announced in its unaudited IFRS report for the period.
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Israeli group buys U.S. corn, passes on wheat A group of Israeli privatebuyers has purchased about 30.000 tonnes of U.S.-origin corn in a tender which closed on Thursday, European traders said.
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Hun gross wages drop 4,6pc yr/yr in Dec, rise 1,4pc in 2010 Gross wages in Hungary declined 4,6pc in the twelve months to December as wages dropped both in the business and in the public sector, the Central Statistics Office (KSH) said.
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Pakistan wheat exports reach 1 mln tonnes since start of Jan Wheat exports by Pakistansince the start of January have reached 1 million tonnes with sales to Bangladesh, Indonesia and Vietnam reported at $370 to $380 a tonne, cost and freight, traders said.
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Sugar refinery seeks to become energy independent Sugar refiner Magyar Cukor, a unit of Austria's Agrana, has installed a HUF 220m secondary fermentor as a step toward supplying all of its energy needs with biogas, Laszlo Hajos, managing director of Biogas Developer, said at a press conference in Kaposvar (SW Hungary).
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Japan eyes feed wheat, rice to replace some corn imports Japan is considering plans toreplace 1 million tonnes of corn imports this year with feed wheat and rice, in the face of tight U.S. supplies and soaring prices, a Japanese trader said.
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 |
Mexico sees 1,82 mln tonnes corn damaged by cold Bitterly cold weatherearlier this month damaged approximately 1,8 million tonnes of Mexico's winter corn crop in Sinaloa state, the country's agriculture minister said.
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Troubled winemaker put on block again Another tender for troubled winemaker Integralt Borgazdasag, the legal successor of Egervin, based in one of Hungary's most important wine-growing regions, has been called after the previous one attracted no offers, business daily Napi Gazdasag reported.
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S.Africa maize deliveries rise to 11,772 mln T Maize deliveries to SouthAfrican silos rose to 11,772 million tonnes in the week to Feb. 11, from a revised 11.760 million tonnes in the week before, data showed.
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China wheat output seen at 113m T this yr China's wheat output thisyear is estimated to be 113 million tonnes, marginally lower than 115 million last year, a Chinese grains economist said, allaying fears that drought could hurt the winter crop.
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Italy 11-month wheat imports up, maize down Imports of soft wheat into Italy,a major grain buyer in Europe, rose to 4.434.649 tonnes in the first 11 months of 2010 from 3.940.055 tonnes in the same period of 2009, Italian cereals body Anacer said.
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Ukraine to keep grain export quotas for full season Ukraine will extend grain exportquotas until the end of the 2010/11 season to avoid a jump in domestic wheat price, the Farm Ministry said.
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EU to lower important duty on wheat and barley In response to the escalating cost of wheat and barley, the European Commission (EC) has proposed suspending import duty on these cereals, the Financial Times reports.
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Hungary local councils deficit reaches almost HUF 248bn in surprise jump The combined cashflow-based deficit of local councils in Hungary reached HUF 247,7bn in 2010, swelling from HUF 97bn in Q1-Q3, the National Economy Ministry said.
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Mineral water bottler Szentkiralyi profits jump on improved efficiency Profits of Hungarian mineral water bottler Szentkiralyi Asvanyviz jumped 65pc to HUF 245m on improved efficiency in 2010 even as revenue fell, the company informed.
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Szuro-Trade member inaugurates HUF 700m bio briquette plant in NE Hungary SPCL-E, a member of Hungary's Szuro-Trade group, on Tuesday inaugurated a HUF 700m bio briquette plant in Beszterec (NE Hungary).
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Nutreco, numbers Global feed company Nutreco reported for the year 2010 total revenue of €4,939.7 million which is an increase of 9,5pc.
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Australia to sell record volume of feed wheat to China-traders Australia is expected to sellrecord volumes of feed wheat to China this year, with the world's third-largest exporter having abundant supplies at a time when China's wheat crop is being threatened by drought, traders said.
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Tunisia buys 100.000 T soft wheat in tender Tunisia's state grains agencyhas purchased 100.000 tonnes of soft wheat in an international tender for 50.000 tonnes, which closed on Saturday, European traders said.
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Israeli group tenders for corn, products, soymeal A consortium of Israeli private buyers has issued a tender to purchase 40.000 tonnes of corn from either the U.S., South America or Europe, European traders said.
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Hungary to pay winegrowers who tear up vines HUF 3,9bn in 2011 Hungary's Agriculture and Rural Development Office (MVH) will pay winegrowers who tear up their vines almost HUF 3,9bn in subsidies this year, the office said.
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Tolnatej to build HUF 2bn of whey powder capacity Hungarian dairy company Tolnatej plans to spend HUF 2bn this year to build whey powder capacity at its plant in Szekszard (SW Hungary), CEO Attila Koller (on the photo) said.
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Mexico Sinaloa corn crop wiped out from frosts-state State agriculture officialssaid early estimates show 100 percent of Sinaloa's 5 million tonne corn crop was damaged by recent frosts, representing 20 percent of Mexico's national harvest.
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Rise of Hungary farm gate prices slightly slows in December Farm gate prices in Hungary rose 29,0pc yr/yr in December, slightly slower than the 31,0pc twelve-month increase in November, the Central Statistics Office (KSH) said.
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Iraq buys 350,000 T wheat from US, Australia Iraq has bought a total of 350.000 tonnes of wheat from Australia and the United States in its latest tender, a spokesman for the Grain Board said.
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Bühler reports successful anniversary year 2010 The Bühler Technology Group looks back on an encouraging business year 2010. For the first time in the Group’s 150-year history, order intake exceeded the mark of two billion Swiss francs.
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Kaposvar plans HUF 30bn-50bn in transport developments The city of Kaposvar (SW Hungary) plans to undertake HUF 30bn-50bn in transportation developments, paid for entirely with European Union funding, starting at the end of 2012, Mayor Karoly Szita said.
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Cornerstone laid for poultry processing plant Zalai Baromfifeldolgozo laid the cornerstone on Friday for a greenfield investment to build a HUF 1.5bn poultry-processing plant southwestern Hungary, company Managing Director Tibor Bedo announced.
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Nutreco merges its Agriculture and Specialities division Animal feed company Nutreco will merge its divisions Agriculture and Specialities to one new division: Animal Nutrition.
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Hungarian producers show at Fruit Logistica Fifteen Hungarian companies are exhibiting at Fruit Logistica, a fresh produce trade show in Berlin.
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Zwack Unicum Q1-Q3 profit slips 21pc as revenue falls Zwack Unicum, Hungary's most famous spirits maker, had after-tax profit of HUF 1,91bn in the first three quarters of its business year ending March 31, down 20,8pc from the same period a year earlier as revenue dropped, the company's report for the period published shows.
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Hungary ends restrictions on German pork Hungary's chief veterinarian Endre Kardevan has ended temporary restrictions on pork imports from Germany after screening by German authorities proved sufficient and after checks by Hungarian officials found no tainted products in the country, the government announced.
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Ministry turns down poultry farmers' proposal for intervention purchases of feed Hungary's Rural Development Ministry does not intend to become a player on the animal-feed market, and intervention purchases would only boost prices further on an already high-priced market, Rural Development Ministry Deputy State Secretary Zsolt Feldman said.
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Ukraine lowest offer in Lebanon's wheat tender The lowest offer in a Lebanese government tender to buy 22.500 tonnes of milling wheat, which closed, was $414,67 a tonne c&f, traders said.
|
||
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French farm office lifts soft wheat export forecast Farm office FranceAgriMer raised its monthly forecast for France's soft wheat exports outside the European Union this season for the fourth time in a row to a new record of 12,1 million tonnes.
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||
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Tesco transfers amount claimed by trade union The Hungarian unit of UK retail chain Tesco, Tesco-Global Aruhazak, transferred the HUF 65.000 litigation costs claimed by the Independent Union of Trade Workers, over which the union initiated the company's liquidation a week earlier, trade union sources said.
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Hungary Poultry Products Council proposes state intervention purchases of maize Hungary's Poultry Products Council will propose starting immediate state intervention purchases of 500.000 tonnes of maize in order to prevent domestic shortages stemming from feed exports at a meeting with the Rural Development Ministry.
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S.Africa maize deliveries rise to 11,761 mln T Maize deliveries to South African silos rose to 11,761 million tonnes in the week to Feb. 4 from a revised 11,747 million tonnes in the week before, data showed.
|
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Brazil soy crop view jumps to record 70 mln T-govt Brazil's 2010/11 soybean crop is seen at a record 70,1 million tonnes, up from a forecast of 68,55 million tonnes released in January, the government's crop supply agency Conab said.
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Vietnam rejects 50.000 tonnes of Indian corn, soymeal Vietnam's plant protection agency has rejected cargoes totalling 50.000 tonnes of corn and soybean meal from India and ordered them re-exported, a source at the Agriculture Ministry-run body said.
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Hungary retail meat product sales rise to HUF 214bn in 2010 Retail sales of meat products in Hungary rose 3pc to HUF 214bn in 2010, market research company Nielsen said. Sales volume of the products rose 4pc. Sales of the product category which includes bologna and wieners accounted for 36pc of the total.
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Hungary seeks establishment of Russian food lab to accredit exporters Hungary has initiated the establishment of a Russian food safety laboratory in the country to speed up accreditation for potential Hungarian exporters, Rural Development Minister Sandor Fazekas said.
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Cargill introduces new line of back yard poultry feed Cargill Inc. said that its Nutrena brand is introducing a newly reformulated line of NatureWise poultry feed, featuring five new natural formulas specially designed to meet the needs of backyard poultry flocks.
|
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UK to back plan for changing zero-tolerance policy The Observer understands that the UK intends to back EU plans permitting the importing of animal feed containing maximum traces of 0,1pc of unauthorised GM. Environmental groups are alarmed.
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Russian food safety officials to audit potential Hungarian exporters in March Russian animal health officials will come to Hungary at the end of March to audit local companies that want to export to Russia, the Rural Development Ministry said.
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Nutreco invests €20 million in Russian premix and specialties plant Global feed supplier Nutreco is investing approximately €20 million in a new factory in the Voronezh agricultural region in Russia. The plant will produce young animal feed, concentrates and premixes for ruminants, pigs and poultry.
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Spain port wheat stocks decline, but demand slow Wheat stocks have declined in import-dependent Spain's leading grains port, but port and trade sources do not expect a supply crunch due to slow demand from livestock farmers and shipments of maize.
|
||
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InVivo revenue down 12,8pc InVivo, the leading French farming cooperative group, posted revenue of €4,4 billion in 2009-2010, down 12,8pc on the previous financial year.
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||
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Malawi sees another white maize surplus in 2011 Malawi expects to harvest 3,9 million tonnes of white maize this year, up from 3,5 million reaped in the previous year, mainly due to good rains, a government official said.
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Bangladesh to speed grains purchases on record food prices Bangladesh's state grains buyer plans to increase the volume of rice and wheat in tenders to speed up imports and build stocks in the face of record global food prices.
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Coco House wins HUF 36m in EU funding to build Christmas sweets plant Hungary's Coco House has won HUF 36m in European Union funding to build a Christmas sweets plant in Keszthely (W Hungary), the development agency for the region said.
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||
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"EU must tighten agriculture derivatives rules" The European Union must tighten its regulation of agriculture market derivatives, arguing financial speculation is having an impact on physical commodity markets, European commissioners said in a statement.
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Second phase of HUF 650m investment to be completed at Szolnok industrial park in June The second phase of a HUF 650m investment at the industrial park in the city of Szolnok (C Hungary) will be completed by the beginning of June, CEO Laszlo Koos of Gima Szolnok Ipari Park Kft, the company that operates the park said.
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Exporters sell 101.000 T US corn to Japan Private exporters reported the sale of 101.000 tonnes of U.S. corn to Japan, the U.S. Agriculture Department said.
|
||
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"China cannot rely on grain imports for grain security" Agricultural Minister Han Changfu said China cannot rely on imports to ensure the security of its domestic grain supply, and that maintaining 95pc self-sufficiency for rice, wheat and corn is a fundamental national policy orientation.
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Private storage to help EU pig meat market – feed prices to blame EU agricultural ministers were in agreement to use subsidised private storage in order to help support the pig meat market and pig farmers. Currently, many pig farmers are facing difficulties because of higher feed prices due to a global shortage of cereal.
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European Commission approves extension of Hungary farm aid scheme The European Commission said it approved an extension until the end of 2011 of a temporary assistance scheme to support farmers hit by the crisis.
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Fornetti terminates contract with franchise partner Hungarian frozen-pastry franchise Fornetti Europa said it terminated its contract with franchise partner Fornetti Pannon because it failed to meet the company's standards.
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||
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GM soybeans now allowed in Turkish feeds The Turkish Animal Feed Producers’ Union (Türkiyem-Bír), has announced that it acquired the Biosafety Commission’s permission to use three types of genetically modified soybeans in animal feed.
|
||
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Japan buys 94.125 T feed, seeks 230.000 T for Feb 9 Japan's Ministry of Agriculture said it had bought 16.240 tonnes of feed wheat and 77.885 tonnes of feed barley under the SBS system in a tender that closed.
|
||
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S.Africa maize deliveries rise to 11,745 mln T Maize deliveries to South African silos rose to 11,745 million tonnes in the week to Jan. 28, up from a revised 11,736 million tonnes in the week before, data showed.
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||
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Saudi Arabia to import 2 mln tonnes of wheat in 2011 Saudi Arabia plans to import 2 million tonnes of wheat in 2011 and expects its import level to rise after 2016 to 3 million tonnes as it stops all local production, a source at the Grains Silos and Flour Mills Organisation (GSFMO) said.
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Bulgaria bans cultivation of GM maize Bulgaria's government announced it was banning the cultivation of the MON 810 strain of genetically modified maize produced by US firm Monsanto.
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Spain 2010/11 soft wheat plantings up 1,7 pct Spanish farmers have planted 1,7 percent more land to soft wheat than a year ago, the Agriculture Ministry said in its first estimates for the 2010/11 campaign.
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||
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Ministry readies decree on "Hungarian product" tag Food products are in line to be designated as "Hungarian" pending the approval of a ministerial decree, a government official told participants ahead of a food fair.
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||
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Dreher beer market share approaches 30pc Hungarian brewery Dreher, a unit of SABMiller, sold about 2m hectolitres of beer in 2010, business development director Sandor Lorant Kovacs said.
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Exporters sell 20.000 T US soyoil to China Private exporters sold 20.000 tonnes of U.S. soybean oil to China, as well as corn and soybeans to unidentified buyers, said the Agriculture Department.
|
||
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Hungary grain-based feed stock sufficient to meet domestic demand Hungary's stock of grain-based feed is sufficient to meet domestic demand, the Rural Development Ministry said, responding to "contradictory and unsettling" reports in the past days.
|
||
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Traders buy up to 2 mln T of Australian feed wheat Private traders have bought up to 2 million tonnes of feed wheat from farmers in Australia on expectations on strong demand from animal feed makers and importers worldwide looking for cheaper grades.
|
||
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Russia may export 7 mln T grain if harvest 82-88 mln T Russia, which banned grain exports after a catastrophic drought in 2010, could ship 7 million tonnes of grain to international markets in 2011/2012 if the harvest reaches 82-88 million, a leading analyst said.
|
||
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Lebanon tenders for 22.500 T milling wheat The Lebanese government's purchasing agency has issued a new tender for 22.500 tonnes of milling wheat, European traders said.
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||
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Italy ups 2010 soft wheat, cuts maize crop view Italian statistics agency ISTAT has raised its estimate of 2010 soft wheat output to 2,97 million tonnes from a previous view of 2,79 million tonnes as it raised the estimate for sown area, ISTAT data showed.
|
||
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Russia grain prices muted on intervention plans A rise in Russian grain prices has mostly slowed and in some regions prices even declined after the government announced its plans for grain distribution and intervention sales, analysts said.
|
||
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China wheat stocks exceed a year's consumption-grain chief China's wheat stocks now exceed one year's consumption, said the chief of the State Administration of Grain in a statement published.
|
||
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Iraq wheat crop could meet half of demand-official Iraq's 2011 wheat crop, boosted by increased rainfall, could meet half of the nation's needs this year, a deputy agriculture minister said.
|
||
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Ukraine grain exports fall to 198.000 T Ukraine's grain exports fell to 197.880 tonnes in January 1-27 from 775.980 in the same period in December, analyst ProAgro said.
|
||
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DJ Ukraine: winter grains sprouted on 100pc of planted area Of the 8,088 million hectares planted with winter grains for Ukraine's 2011 harvest, crops sprouted on 100pc of the planted area as of Jan. 27, the Agriculture Ministry reported.
|
||
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India firm offers wheat at $362,9/T in Bangladesh tender India's LMJ International made the lowest offer of $362,90 a tonne, including C&F liner out, in a Bangladesh tender that opened to import 50.000 tonnes of wheat, a food official said.
|
||
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Hungarian biomass producer sues state-owned electricity works for damages related to investment Biomass production company Nad MPS-H Kft has filed a civil lawsuit against state-owned Hungarian Electricity Works (MVM) seeking HUF 9,6bn in damages related to an unfinished investment to build an energy-reed production base in northern Hungary.
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||
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Jordan tenders to buy 100.000 T each wheat, barley Jordan's state grain buyer hasissued separate international tenders to purchase 100.000 tonnes of wheat and 100.000 tonnes of barley, an official said.
|
||
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European vegoils inch up on weather forecast, China buy European vegetable oils edged up pushed by Chinese buying in United States and concerns that heavy rains could stall harvesting in Malaysia.
|
||
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Asia Grains-Buyers snap up wheat cargoes, India sells corn Asian buyers stepped up wheat purchases as strengthening international grain prices and shrinking supplies stoked fears of food inflation, while India sold corn to Malaysia and Vietnam on competitive offers.
|
||
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Romania to import 0,5 mln T wheat in 2011 Romania plans to import about 400.000 to 500.000 tonnes of wheat this season, deputy agriculture minister Adrian Radulescu (on the photo) said, to provide a consumption buffer until the new crop.
|
||
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Direct EU payments to Hungarian farmers climb to EUR 683m in 2009 Hungarian farmers received direct payments from the European Union of EUR 683m in the 2009 financial year, up from HUF 543m in 2008, data published by the European Commission show.
|
||
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Poultry prices could rise 20-25pc on more expensive feed Rising feed prices could push up farm gate poultry prices in Hungary by 20-25pc from March, and consumer prices could climb at a similar rate, Laszlo Barany (on the photo), who heads the Poultry Products Council, said.
|
||
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Exporters sell US corn to Japan, soybeans to China Private exporters reported the sale of 151.638 tonnes of U.S. corn to Japan and 110.000 tonnes of U.S. soybeans to China, said the Agriculture Department.
|
||
 |
EU approves extension of Hun corporate loan guarantee scheme The European Commission said it authorised a twelve-month extension until the end of 2011 of a Hungarian scheme of state guarantees for investment and working capital loans to companies.
|
||
 |
No new dioxin threat, says chief vet There is no new dioxin threat in Hungary, Endre Kardevan, a state secretary who is the country's chief veterinarian, said.
|
||
 |
Argentine grains strike delays 20 ships in ports The grains strike in Argentina delayed 20 ships in Rosario area ports, the port authority said.
|
||
 |
Hungary loses watermelon markets Exports of Hungarian watermelons have fallen to just one-third of their level eight years ago, when the country was the fourth-biggest watermelon exporter in the world, Rural Development Minister Sandor Fazekas said.
|
||
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Stainless steel vessel maker inaugurates HUF 270m production base Tejszolg-Szentes, a maker of stainless steel containers and pressure vessels for the food and chemicals industries, inaugurated a HUF 270m production base in Szentes (SE Hungary).
|
||
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Hungary jobless rate slightly up at 10,8pc in October-December Hungary's average unemployment rate was 10,8pc in the 15-74 age group in October-December 2010, up from 10,7pc in September-November, and up 0,3 percentage points from the same period a year earlier, the Central Statistics Office (KSH) said.
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||
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Russia says no to poultry from Germany - restrictions in place Russia has stated that it has placed temporary restrictions on poultry imports from Germany.
|
||
 |
Cargill teams up with KSU to build animal feed research centre Cargill is to give a US$ 500.000 grant to the Kansas State University (KSU) to help with the construction of the Cargill Center for Feed Safety Research.
|
||
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Japanese feedstuff manufacturer cuts corn in animal feed Chubu Shiryo Co Ltd, a leading Japanese feedstuff manufacturer, has started making some animal feed with less corn as the price of corn continues to rise, a company official said.
|
||
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China battles pork meat laced with a poisonous drug There have been reports of consumers in China becoming ill and ending up hospitalised with stomach pains and heart palpitations after consuming pork laced with Clenbuterol.
|
||
 |
Philippine H1 rice output seen up 15,4 pct on yr The Philippines' unmilled riceoutput is forecast to rise 15,4 percent to 7,64 million tonnes in the first half of 2011 from a year earlier, government data showed.
|
||
 |
Hungary sends amended food safety decree to European Commission Hungary has sent to the European Commission the amendment to the food safety decree the EU health commissioner raised objections against, farm ministry state secretary Endre Kardevan said.
|
||
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State tourism agency calls HUF 100m promotion tender Hungary's state tourism agency Magyar Turizmus announced a HUF 100m promotional tender.
|
||
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Farm co-op Morakert ordered under liquidation The Court of Csongrad County (SE Hungary) has ordered farm co-operative Morakert under liquidation, regional daily Delmagyarorszag reported.
|
||
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Informa ups US 2011 corn acres f'cast, lowers soy Analytical firm Informa Economics forecast that U.S. farmers will plant 90,903 million acres of corn and 76,654 million acres of soybeans in 2011, trade sources said.
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||
 |
Hungary reviews restrictions on German pork Hungary is reviewing an earlier decree introducing temporary restrictions on all pork from Germany, Rural Development Ministry state secretary Endre Kardevan said.
|
||
 |
Tunisia receives bids in durum wheat tender The lowest bid in the tender from Tunisia's state grains agency to purchase at least 25.000 tonnes of hard durum wheat was $485 a tonne c&f, European traders said.
|
||
 |
Szeged business park spends HUF 750m on developments Developments worth HUF 750m are close to being completed at the Szeged Industrial and Logistics Centre (SZILK), Bela Voros, managing director of the business park's operator, Globallog said.
|
||
 |
Exporters sell US HRW wheat to Jordan for 10/11 Private exporters reported the sale of 150.000 tonnes of U.S. hard red winter wheat to Jordan for delivery during the 2010/11 marketing year, the U.S. Agriculture Department said.
|
||
 |
Big catch lifts fishing company revenue A record catch on Lake Balaton gave state-owned fishing company Balatoni Halgazdalkodasi Nonprofit revenue of HUF 700m in 2011, well over the HUF 457m target, CEO Laszlo Varga said.
|
||
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Commission has not officially asked Hungary Hungary has not been officially informed that the European Commission wants the country to end restrictions introduced because of a dioxin scare, the Rural Development Ministry said.
|
||
 |
Feed prices and dioxin devastate EU pig market The EU pig market is in crisis due to high cereal prices and the dioxine problems in Germany. Fefac President Patrick Vanden Avenne calls on EU Farm Council to take urgent measures to prevent market collapse.
|
||
 |
Cargill Amsterdam Multiseed plant certified for ingredient safety The Cargill Amsterdam Multiseed plant is certified according to the European Feed Ingredients Safety Code (EFISC) as of the 17 January 2011.
|
||
 |
Fidel Castro urges to produce food instead of bio-fuels Former Cuban leader Fidel Castro urged the international community to increase the production of food instead of bio-fuels.
|
||
 |
Tunisia buys 100.000 T durum, 50.000 T barley Tunisia's state grains agencyhas bought 100.000 tonnes of durum wheat and 50.000 tonnes of feed barley in a tender which closed, European traders said.
|
||
 |
Ukraine urges traders prepay for grain The Ukrainian government said it would grant export quota exemptions to traders willing to pay in advance for grain. Ukraine, the world's top barley exporter and a major wheatsupplier, introduced export quotas after a drought last summer.
|
||
 |
Sarkozy backs French agriculture France always has a hate and love relation with Europe and its own agriculture sector. Now the nation’s president Nicholas Sarkozy stands up for his farmers.
|
||
 |
Mineral water consumption little changed in Hungary last year Hungarians drank 109 liters of mineral water per capita in 2010, down slightly from 110 liters per capita in 2009, the Hungarian Mineral Water Association and Product Council reported.
|
||
 |
Hungary wooly pig stock steady in spite of economy The number of sows of the Hungarian mangalitsa breed, a wooly pig prized for its marbled meat and high quality fat, remained steady around 8.000 in 2010, in spite of the difficult economic circumstances, chairman of the National Mangalitsa Association Peter Toth said.
|
||
 |
“Dioxins not an EU matter” The European Union’s ‘obsession’ with biofuels has been blamed for the recent discovery of dioxin in animal feed produced in Germany, but would not need extra EU regulation.
|
||
 |
WING plans HUF 2,5bn addition to business park near Budapest Property developer Wing, a unit of Hungarian-owned holding company Wallis said it is adding 20.000sqm to its business park on the outskirts of Budapest at a cost of HUF 2,5bn.
|
||
 |
Retail debtor "black list" to include data only for one year The number of retail debtors on the "black list" of the Central Credit Information System (KHR) will decline considerably soon because, due to a December legislative amendment, the system's data will only be preserved for one year instead of the earlier five years.
|
||
 |
Statistics Office updates consumer basket The Central Statistics Office (KSH) has updated the consumer basket used for the calculation of the inflation rate, including a cheaper brand of cigarettes than last year, adding 25 new products including chicken breast fillet and extra virgin olive oil and removing 19 products and services from the list.
|
||
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Farm minister orders mandatory testing of German pork Hungarian Rural Development Minister Sandor Fazekas ordered the mandatory testing of all pork from Germany for dioxin contamination, the ministry informed.
|
||
 |
China buyers cancel 1-2 soy cargoes due to poor margins Chinese buyers have cancelled oneor two cargoes of imported soy shipment because of negative crushing margins, according to a report by an official think-tank.
|
||
 |
Italy 10-mo soft wheat import up, maize down Imports of soft wheat into Italy, a major grain buyer in Europe, rose to 3.993.914 tonnes in the first 10 months of 2010 from 3.559.426 tonnes in the same period of 2009, Italian cereals body Anacer said.
|
||
 |
China to sell 350.000 T soy, 450.000 T rape oil to crushers China's government plans to sella total of around 350.000 tonnes of soybeans and a total of 450.000 tonnes of rapeseed oil to some crushers, industry sources familiar with the situation said.
|
||
 |
Egypt trade minister says wheat stocks adequate Egyptian Trade Minister Rachid Mohamed Rachid said that Egypt had adequate wheat stocks and had not changed the pace at which it was buying the grain.
|
||
 |
Argentine soy crop may fall to 46 mln T- Oil World Argentina's dought-hit 2011soybean crop could fall to or below 46 million tonnes from 54,5 million tonnes in 2010 unless much more rain falls, Hamburg-based oilseeds analysts Oil World said.
|
||
 |
Exporters sell 145.000 T HRW wheat to Turkey Private exporters reported the sales of 145.000 tonnes of U.S.-grown hard red winter wheat to Turkey for delivery this marketing year.
|
||
 |
S.Africa weekly white maize exports rise to 9.315 T South Africa exported 9.315 tonnes ofwhite maize last week compared with 7.631 tonnes in the previous week, the South African Grain Information Service (SAGIS) said.
|
||
 |
Russian Ban Not Boon For Surging French Wheat Exports France's surging wheat export this year is more the result of an increase in demand from traditional North African buyers than a lack of supplies from the Black Sea, a senior analyst said.
|
||
 |
Qatar Airways could boost number of Budapest flights Qatar Airways plans to boost its number of Budapest flights to one a day from September, CEO Akbar Al Baker said, a day after arriving on the first Qatar flight to the Hungarian capital.
|
||
 |
China MOFCOM ups Jan soy import estimate to 4,55 mln T China's commerce ministry has revised upward the country's soy imports in January to 4,55 million tonnes from an earlier estimate of 3,35 million tonnes.
|
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Hungary gross wages drop 1,2pc yr/yr in November Gross wages in Hungary dropped 1,2 pc in the twelve months to November due to slower wage growth in the business sector and a sharp drop in public sector wages, the Central Statistics Office (KSH) said. The twelve-month decline was first one since May and followed slowing wage growth since September.
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FHB unit wins tender to appraise state-owned real estate FHB Ingatlan, a unit of FHB Mortgage Bank, has won a contract to appraise state-owned real estate that is not in the National Land Fund with a bid of HUF 10m, the latest issue of the Public Procurement Gazette shows.
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Egg producers ask support for campaign Hungary's Poultry Products Council has asked in a letter to Rural Development Minister Laszlo Barany for HUF 40m-50m in state funding to support the promotion of Hungarian eggs, countering the effects of a dioxin scare, council chairman Laszlo Barany said.
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First Qatar Airways flight lands in Budapest Qatar Airways landed its first Budapest flight at Ferihegy International Airport on Monday afternoon.
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Banco Popolare looking to sell Hungarian unit Italy's Banco Popolare has begun talks with four Hungarian investment groups regarding the sale of its Hungarian unit, Banco Popolare Hungary, the business daily Napi Gazdasag reported, citing unidentified sources.
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Hungarians eligible to work temporary jobs for US employers The United States Department of Homeland Security has included Hungary on a list of countries whose nationals are eligible to work in temporary jobs in the United States during the coming year, the US Citizenship and Immigration Services (USCIS) said.
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Israeli group buys 20.000 T U.S. corn in tender A group of Israeli private buyers purchased about 20.000 tonnes of corn (maize) and 8,000 tonnes of the feed grain sorghum, both thought to be U.S. origin, European traders said.
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Russia domestic grain tenders may start Feb. 1 Russia's Agriculture Ministry hasprepared a draft of a government order allowing the sale of intervention stocks grain via tenders to stabilise prices from Feb.1, the ministry said.
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Gov't establishes body to review PPPs The National Development Ministry said it established a body to review existing public private partnerships (PPP) and make them more efficient.
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Crops on 200,000 hectares lost to standing water Crops on about 200.000 hectares of farm land planted in the autumn have been lost because of standing water, Rural Development Ministry state secretary Gyorgy Czervan said.
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Argentine soy crop seen at 47 mln T Argentina's 2010/11 soycrop is seen at 47 million tonnes, the Buenos Aires Grains Exchange said on Thursday in its first estimate of the season.
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Vietnam starts rice harvest early, yield high-report Farmers in Vietnam's Mekong Deltahave started harvesting the winter-spring crop early and high yields are expected in what is the country's largest crop, a state-run newspaper reported.
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S.Africa maize deliveries at 11.727 mln T Maize deliveries to SouthAfrican silos were recorded at 11,727 million tonnes in the week to Jan. 7 from 11,721 million tonnes the week before, data showed.
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About the New Szechenyi Plan The HUF 7.000bn available under the New Szechenyi Plan in 2011-2014 is expected to boost Hungary's investment rate by an annual five percentage points, National Economy Ministry Gyorgy Matolcsy (on the photo) said.
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Hungarian snack maker exports to South Korea Snack food maker Nobilis expects exports of dried Hungarian apple slices coated with Belgian chocolate to South Korea to boost revenue by an annual HUF 200m, marketing director Mariann Novak said, when deliveries started to the country.
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Sumeg to build new HUF 200m industrial park The city of Sumeg (NW Hungary) is building a new nine-hectare, HUF 200m industrial park, may Ferenc Ratosi (on the photo) said.
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Hungary farm gate prices jump 31,0pc in November Twelve-month farm gate prices in Hungary climbed a hefty 31,0pc in November, after increasing 24,7-24,7pc in October and September, the Central Statistics Office (KSH) said.
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Vintner warns of possible wine shortage in 2011 due to decline in production Several kinds of wines could vanish from shops in the first half of this year as wine production is estimated to be down to 1,6m-1,9m hectolitres this year compared to the usual 3,5m hectolitres due to last year's disastrous weather conditions, according to an analysis sent the Varga Cellars, which distribute 11m bottles of wine and sparkling wine a year.
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Hungary Prime Minister: Competing interests pulling forint Hungarian policy makers are in a bind when it comes to the proper level of the local currency due to the conflicting interests of households and the exporters that drive economic growth, Hungarian Prime Minister Viktor Orban was quoted as saying by Dow Jones Newswires.
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Dioxin scandal: Now tainted pigs to be killed in Germany The focus of Germany's dioxin animal feed scandal has switched from poultry to pigs with news that hundreds are to be slaughtered, reported the BBC.
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Companies owe more than HUF 700bn in public debt under collection The National Tax and Customs Office is conducting enforcement procedures against 114.000 companies, claiming HUF 705bn in taxes, contributions or stamp duties, the data base feketelista.hu said.
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Fefac announces action plan dioxin control The European feed manufacturers association Fefac has announced the development of a dioxin testing protocol for the EU feed fat supply chain and calls for specific approval conditions for fat blending plants.
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Hungary cereal harvest falls almost 10pc in 2010 Hungarian farmers harvested 12.266.000 tonnes of cereals in 2010, down 9,7pc from a year earlier, the Central Statistics Office (KSH) said.
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Gov't stability programme to be announced by the end of February The government's Growth and Stability Programme aimed at reducing government expenditures by HUF 600bn-HUF 800bn by the end of 2012 is expected to be completed and revealed by the end of February, the Ministry of National Economy said.
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Thailand needs GMO field trial to move sector forward The Thai government should allow open-field research for genetically modified organisms (GMOs) to move science and biotechnology development forward, says a veteran agriculture expert in the Bangkok Post.
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Indonesia says to scrap import duties on staple foods Indonesia will scrap import duties on wheat, soybeans and livestock feed, the country's chief economic minister said, in a measure to try to improve domestic food supplies and head off possible protests over rising costs.
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Exporters sell soybeans to China for 2010/11 Private exporters reported optional origin sales of 180.000 tonnes of soybeans to China for delivery during the 2010/11 marketing year, the U.S. Agriculture Department said.
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Dioxin scandal: Tainted feed went to Denmark and France Denmark and France are the latest countries affected by Germany’s dioxin tainted feed and food scare, which indicates that the contamination is not contained to Germany, the Netherlands and the UK as was previously said.
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Gov't to decide on topping up farm relief fund on Wednesday The government is expected to decide on topping up a damage compensation fund and on the restructuring of subsidies for dairy producers at a cabinet meeting.
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Bangladesh to buy 250.000T rice from Vietnam at high cost Bangladesh will import 250.000 tonnes of rice from Vietnam at a high cost in a bid to ensure food security, a senior food official said.
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Cerbona to go under voluntary liquidation Hungary's Cerbona said its board decided to put the food company under voluntary liquidation after years of cash trouble exacerbated by market changes and the crisis.
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Philippines says may set 2011 rice imports this month The Philippines, the world's largest buyer of rice, could decide its 2011 import plans before the end of January and shipments of the grain would be half or less than record imports for 2010, the Agriculture Secretary said.
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New Caterpillar workshop at ASG Hungarian machinery maker ASG Gepgyarto of Tatabanya (NW Hungary) opened a new workshop to expand its production to parts for Caterpillar earth movers, the company said.
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Hungary tightens inspection of German food shipments The Hungarian Rural Development Minister has called for tighter inspections in Hungary to prevent possible shipments of animal food and feed contaminated by dioxins from Germany, the Rural Development Ministry said.
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Morocco's ONICL bids to handle soaring wheat prices Morocco's state-run grains agencyon said it has adopted an import regulation system for milling soft wheat which an importer said was aimed at handling the recent surge in the commodity's prices.
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India firm wins Bangladesh rice deal at $450/T India's Amira Foods has secured a tender to supply 50.000 tonnes of white rice to Bangladesh at $450 a tonne, including C&F liner out, a food official said.
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Marketing agency calls tender to promote Hungarian wine culture Hungary's Agricultural Marketing Centre (AMC) is calling a tender for some HUF 100m in funding to support "local mini-projects" promoting the country's wine, wine culture and vintners, the Ministry of Rural Development said.
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Number of job-seekers reaches 591.000 at end-December The number of registered job-seekers in Hungary reached 591.000 at the end of December, up 6,3pc or 35.000 from the previous month, but down 2,2pc or 13.300 from twelve months earlier, fresh data published by the State Employment Service (AFSZ) show.
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Investments worth HUF 1bn planned for 2011 in Kapuvar Industrial investments worth more than HUF 1bn are scheduled to be carried out this year in Kapuvar (NW Hungary), creating around 50 new jobs, the regional daily Kisalfold said.
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No dioxin-tainted food, feed delivered to Hungary from Germany Feed and food from Germany tainted with dioxin has not arrived in Hungary, according to the European Union's Rapid Alert System for Feed and Food (RASFF), the Hungarian Food Safety Office (Mebih) said on its website.
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India fin min state govts should remove supply bottlenecks India's Finance Minister Pranab Mukherjee asked the state governments to remove supply chain bottlenecks at the earliest in the food sector to bring prices down quickly, even as food inflation accelerated to a one year high.
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Bangladesh issues tender to import 30.000 T rice Bangladesh's state grains importer issued an international tender to buy 30.000 tonnes of non-basmati parboiled rice, a food official said.
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Monsanto Swings To 1Q Profit On Growth In Seed Unit, Herbicide Rebound Monsanto Co. (MON) swung to fiscal first-quarter profit as its seeds and genomics business turned in sales growth of 13pc and the agribusiness giant recovered from a sharp drop in sales of its Roundup and other herbicides in the prior-year period.
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Chicago grain futures bounce off on bargain hunting and weather Chicago grain futures eachregistered a substantial gain, after witnessing aggressive selling activity across board in the last two sessions, as investors viewed the pullback as a chance to buy on dips.
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One-third of farm land owners affected by sludge flood to sell land to state About one-third of the owners of farm land covered by a flood of sludge in Hungary's worst industrial disaster have decided to sell their land to the state, the Ministry of Rural Development said.
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Kaposvar sugar refinery expands biogas production with EU funding Magyar Cukor Zrt (MC) has completed a European Union-funded post-fermentation unit at the company's sugar refinery in Kaposvar (SW Hungary) that will make it possible for the plant to meet more than half of its energy needs using biogas.
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Dairy producers receive more subsidies in 2010 Dairy farmers received more than HUF 15 per kg in support through various subsidy measures affecting the dairy sector for 2010, almost twice as much as in 2009, the Ministry of Rural Development (VM) said.
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Hungary jobless rate drops to 10,7pc in September-November Hungary's average unemployment rate was 10,7pc in the 15-74 age group in September-November 2010, down from 10,9pc in August-October, but up 0,2 percentage points from the same period a year earlier, the Central Statistics Office (KSH) said.
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Hungarian Development Bank cuts benchmark base rate, raises certain interest margins The state-owned Hungarian Development Bank (MFB) has cut its benchmark base rate for Hungary, used for setting subsidy rates, to 5,61pc from 5,97pc as of January 5, while raising the interest margin on certain refinancing loans by 20-50 basis points, MFB reported on its website.
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Fund to compensate "Jogazda" depositors by Jan 31 Hungary's National Deposit Insurance Fund (OBA) will compensate depositors of "Jogazda" Savings Cooperative by January 31, the fund's managing director Andras Fekete-Gyor (on the photo) said.
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Veterinary-drug company Alpha-Vet 2010 turnover rises 6pc, to make investments in 2011 Hungarian veterinary-drug company Alpha-Vet Allatgyogyaszati generated turnover of 10bn in 2010, up just over 6pc from 2010, company owner Attila More (on the photo) said.
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Dioxin scandal hits 1.000 farms In Northern Germany about 1.000 poultry and pig farms have been temporarily quarantined due to an in-feed dioxin scam. At least one, but possibly up to nine feed manufacturers may be involved.
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Netherlands: More pigs with stomach problems The number of pigs with stomach abnormalities has increased considerably, concluded the Dutch Animal Health Service (GD).
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Ukraine to stop export quotas for grains Ukraine is considering stopping its export quota system, according to Ukrainian media quoting agricultural minister Nikolai Prysiazhnoek.
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European Commission studying The European Commission is studying a letter from multinationals complaining of "crisis taxes" levied in Hungary, Olivier Bailly (on the photo), a spokesman for the Commission, said in Brussels.
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Cargill grain facility invests in upgrades Cargill is significantly upgrading its Mt. Vernon, Ind., grain operations through construction of four new grain storage bins totaling 3,4 million bushels of storage capacity.
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European Commission splits feed additive Register In edition 104 of the European Register of Feed Additives published on 3 December 2010, the European Commission has split Annex 4, the factual list of feed additives.
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Sio-Eckes targets 8-10pc revenue rise in 2011 Hungarian fruit juice company Sio-Eckes targets revenue of HUF 19.5bn-20bn in 2011, up 8-10pc from 2010, managing director Endre Fazekas said.
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Central Europe must show strong leadership 2011: Challenging year for Europe. Central Europe must show strong leadership. Informed Joseph Daul MEP, Chairman of the EPP Group the AGRIBUSINESS.HU.
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China soybean auction attracts no bids A soybean auction in China's biggest soybean-producing province of Heilongjiang attracted no bids as the floor price was set high, the China National Grain and Oils Information Center said.
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S.Korea seeks 25.000 T for March South Korea has issued a tender tobuy 25.000 tonnes of non-genetically modified (non-GMO) yellow soybeans for arrival by March 31 to the port of Incheon, state-run Korea.
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Australia floods cover area the size of France/Germany Flood water rose across Australia's northeast, covering an area bigger than France and Germany combined, inundating 22 towns and stranding 200,000 people, and closing one of the country's major sugar export ports.
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EU wheat prices double in 2010 on weather woes European milling wheat futuresended the trading year with an annual rise of 92 percent after a series of weather events including a severe drought in Russia slashed global supply and sent grain markets soaring.
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Association aims to boost Hungary's fruit, vegetable output by 1m tonnes Professional association FruitVeb aims to boost annual output of Hungary's fruit and vegetable sector by a million tonnes to 3,5m-4,0m tonnes in the short term, association chief Bela Martonffy told.
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China will no longer see surplus corn supply China will no longer have surpluscorn supplies because of the rapid expansion of its corn processing industry and animal feed production, Vice Agriculture Minister Wei Chao'an, said in a speech published.
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DJ Russia 2010 Grain Harvest 60,9M Tons, Down 37,3pc On Year Russia harvested 60,9 million metric tons of grain in clean weight this year, which is 37,3pc less than in 2009, when 97,1 million tons was harvested, the federal statistics service reported.
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Central Agricultural Office imposes HUF 2,5bn in food-safety fines in H2 Hungary's Central Agricultural Office imposed HUF 2,5bn in fines for violation of food-safety regulations in the course of 50.000 inspections during the second half of 2010, the office informed.
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Chicago corn stretches the winning streak to 10 sessions on tight Chicago corn futures climbed forthe 10th session in a row, hitting the highest level since July 2008 for the third time this week, as a foreseen global tightness in corn supply next year gave corn bulls a good reason to add to longs.
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Hungarians drinking less bubbly Hungarians currently drink 30m bottles of champagne a year, about 25pc less than five years ago, the National Council of Wine Communities said.
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Vietnam 2010 rice output up 2,7 pct at 40 mln tonnes Rice production this year in Vietnam, the world's second-largest exporter after Thailand, rose 2,7 percent from 2009 to 39,99 million tonnes thanks to an increase in planted area and a higher yield, the government said.
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Bangladesh tenders to buy 50.000 T rice, 50.000 T wheat Bangladesh's state grainsimporter issued two international tenders to buy 50.000 tonnes of white rice and 50,000 tonnes of wheat as part of an effort to ensure food security and keep prices stable.
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Wet weather ends Australia sugar crush, wheat harvest improves Australia's northeastern sugarcane-growing regions continue to be battered by torrential downpours which ended the harvest early, but wheat growers have some relief in sight as good weather ahead could quicken the pace of the delayed harvest.
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Ukraine grain exports at 946.000 T Dec.1-27 Ukraine's grain exports reached 946.000 tonnes in December 1-27 compared to 360.000 in the same period in November, UkrAgroConsult agriculture consultancy said.
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AO fines Kiskun-Vin Kft HUF 1,4bn for producing adulterated wine The Bacs-Kiskun County Central Agricultural Office has fined wine company Kiskun-Vin Kft HUF 1,4bn for producing nearly 5.000 hectoliters of adulterated wine, the Ministry of Rural Development informed.
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Australian wheat substitutes corn in Asia Asian buyers are snapping up cargoes of low-grade Australian wheat, with most of them using it as feed grain in place of costlier corn.
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Ukraine extends grain export quotas to end-March Ukraine has extended grain exportquotas to include the first quarter of 2011 and increased the volume to 4,2 million tonnes from the initial 2,7 million, according to a government resolution published.
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Saudi animal feed market is facing challenges Saudi Arabia, an importer of animal feed and feedstock, needs to import 500.000 tones of animal feed to satisfy the demand on animal feed market in Saudi Arabia.
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China to probe U.S. dumping DDGs to China China's Commerce Ministry will launch an investigation into U.S.dumping of distiller's dried grains with or without solubles (DDGs).
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Iraq issues tenders for wheat, rice Iraq has issued tenders to buy 100.000 tonnes of wheat and 30.000 tonnes of rice, from any origin, a grain board source said.
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Jordan buys 100.000 T feed barley in tender Jordan's state grain buyer haspurchased 100.000 tonnes of feed barley in a tender for the same volume which closed, European traders said.
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WikiLeaks: US should get even with EU for GM-resistance "Country team Paris recommends that we calibrate a target retaliation list that causes some pain across the EU" - Recommendation by US Ambassador to France, Craig Stapleton.
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Exporters sell US wheat to Iraq for 10/11-USDA Private exporters reported the sale of 100,000 tonnes of U.S. hard red winter wheat to Iraq for delivery during 2010/11 and 150.000 tonnes of U.S. soybeans to unknown destinations, also for delivery during 2010/11, the U.S. Agriculture Department said.
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Ukraine '10 clean grain harvest to exceed 40 mln T Ukraine's 2010 grain harvest is likely to exceed 40 million tonnes in clean weight compared to 46 million in 2009, a senior Ukrainian agriculture official said.
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China's grain reserves nearly 200 million tonnes China's grain reserves total nearly 200 million tonnes, and supplies of wheat, rice and corn are sufficient, Premier Wen Jiabao said.
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Holidays, fee confusion slows Russian grain market Russian grain market activityslowed down last week ahead of long year-end holidays and amid confusion about fees for transportation of grain from the south of Russia to drought-hit regions, analysts said.
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Vietnam trims 2010 rice export f'cast to 6,73 mln tonnes Vietnam's rice exports for the whole of this year are estimated to reach a record high of 6,73 million tonnes, just below previous industry forecasts, an industry body said.
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Price of motorway, road vignettes to rise 8,7pc from Jan 1 The price of motorway and road vignettes will rise on average by 8,7pc from January 1, 2011, the National Development Ministry said.
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Bad weather halves Pannonhalma wine harvest The grape harvest in the area around the archabbey of Pannonhalma was just half of the expected amount because of bad weather, but the quality of the new wine is good, though not outstanding, Zsolt Liptai, who heads the abbey's cellars said.
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Sunlight wins Bangladesh tender for 50.000T rice Sunlight, a local firm, has won a Bangladesh tender to supply 50.000 tonnes of white rice at $478 a tonne, including C&F liner out, a food ministry official said.
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MOL to raise petrol, diesel prices from Wednesday Hungarian oil and gas company MOL will raise its wholesale petrol and diesel prices by HUF 5 and HUF 6 per litre, respectively, from Wednesday, industry insiders said.
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Argentine soy area seen down to 18,5 mln ha-exchange Argentina's 2010/11 soybean area is seen shrinking slightly to 18,5 million hectares due to dry conditions, down from a previous forecast of 18,7 million hectares, the Buenos Aires Grains Exchange said.
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Ministry expresses regret, but not surprise, at Fitch downgrade The National Economy Ministry said it expressed regret but did not consider surprising a decision earlier in the day by Fitch Ratings to downgrade Hungary's sovereign rating by one notch to "BBB-".
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Phoenix Commodities wins Bangladesh rice tender Phoenix Commodities Limited, a British Virgin Islands based firm, has won a Bangladesh tender to supply 50.000 tonnes of white rice, a food ministry official said.
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China vows to extend crackdown on farm prices in 2011 China will maintain its crackdown on price speculation in 2011, focusing on cotton, edible oils, grains and vegetables, the country's top planning body, the National Development and Reform Commission said.
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EU wheat at new highs following Chicago rally Euronext milling wheat futures hit fresh highs on all contracts in early trade following a surge on U.S. markets the previous day, traders said.
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Tunisia receives bids in wheat, durum tenders The lowest offer in the tenderon from Tunisia's state grains agency for 25.000 tonnes of soft milling wheat was $346,99 a tonne c&f, traders said.
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Algeria buys at least 200.000T optional durum wheat Algeria's state grain buyerpurchased at least 200.000 tonnes of durum wheat of optional origin for shipment in January at its tender earlier this week, European exporters said.
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Hungary October trade surplus was HUF 408,2m, final reading Hungary had a EUR 408.2m trade surplus in October, down from EUR 540m in September, but still up from EUR 392m in August and a EUR m surplus a year earlier, the Central Statistics Office (KSH) said.
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Orban: Govt, cen bank at cross-purposes; debt cuts on horizon The prime minister described the views of his government and the National Bank of Hungary on economic policy as being very different.
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Malawi Nov inflation slows to 6,4 pct yr/yr Malawi's headline consumer inflation slowed to 6,4 percent year-on-year in November, compared with 6,7 percent in October, the National Statistics Office said.
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India, Korean firms win Bangladesh wheat tenders India's Emmsons International Limited and South Korean Daewoo International won two Bangladesh tenders to supply 50.000 tonnes of wheat each, a food ministry official said.
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German wheat sowings for 2011 crop unchanged on yr German farmers have sown 3,262 million hectares of winter wheat for harvesting in summer 2011, almost unchanged on the 3,261 million hectares harvested in summer 2010, the German government's statistics office said.
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S.Africa maize stocks fall to 7,093 mln T in Nov South Africa's maize stocks fell to 7,093 million tonnes at the end of November, compared with a revised 7,936 million tonnes at the end of October, data showed.
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Australia wheat harvest gathers pace, quality improves Australia's wheat harvest,which was hit by excessive rains in the eastern part of the country, has gained momentum following dry weather and the crop quality is better-than-expected, analysts and industry officials said.
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Algeria tenders for 50.000T durum wheat Algeria's state buyer is tenderingto buy 50.000 tonnes of optional origin durum wheat for shipment in January 1-15, European traders said.
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Chicago grains hike in face of stronger dollar Chicago grains collectively hikedon as market expected the grain supply would further decline due to unfavorable weather, which even overcame the negative force from a stronger dollar.
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Bangladesh issues tender to buy 50.000T rice Bangladesh's state grains buyer issued a tender to import 50.000 tonnes of white rice, a food official said.
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China Nov corn imports a third of Oct level China's corn imports in Novemberslowed down to 78.616 tonnes from October's imports of 251,934 tonnes, data from China Customs Statistics Information Centre (HK) showed.
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EC approves extension of moratorium on farm land purchases by foreigners in Hun The European Commission decided to allow Hungary to extend a moratorium on purchases of farm land by foreigners by three years.
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Bactocell approved for piglets Lallemand Animal Nutrition announced today that the probiotic Bactocell (bacteria strain Pediococcus acidilactici CNCM MA 18/5M) is authorized by the European Commission as a feed additive, under the zootechnical additives category, for weaned piglets (Regulation (EC) No 1831/2003).
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Greek finance: on the State Budget execution Jan-Nov The data available for the State Budget execution in the eleven months of 2010 (January - November 2010), are consistent with the estimation on the full year state budget balance presented in the Draft Budget Law tabled to Parliament on November 18, 2010 - the AGRIBUSINESS.HU was informed by the Hellenic Republic Ministry of Finance.
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Travel agency Aeroviva closes doors Travel agency Aeroviva Utazasi Iroda will cease its activities from December 20, the company said on its home page.
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Godrej takes control over Gold Coin JV India based $2,6 billion multinational Godrej group is in the process of purchasing the controlling 51pc stake of Gold Coin - one of East Asia’s largest animal feed companies - in their Indian aquafeed joint venture. The two groups have partnered for four years.
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Swiss develop better digestible GM-free soybean Recently, researchers at Agroscope Changins-Wädenswil ACW in Switzerland have, through conventional breeding methods, developed new soybean varieties with a lower trypsin inhibitor level.
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Evonik releases update on amino acid database The feed additives business of Evonik Degussa in Essen (Germany) released a new version of AminoDat during this year’s EuroTier themed under “Expect the best-AminoDat 4.0”.
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Eko Fire Pellet inaugurates HUF 1.3bn plant in NE Hungary Hungarian- and Italian-owned Eko Fire Pellet inaugurated a HUF 1.3bn pellet plant in the Tiszaujvaros Industrial Park (NE Hungary).
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Provimi launches new acidifier for piglets Provimi Group has launched a new premixture of feed additive for piglets, ProHacid Excel, a unique package of organic acids and essential oils especially formulated for its efficacy in feed.
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GM feed on the rise in Finland Although the largest Finnish animal feed producers have avoided genetically modified raw materials up to now, there are increasing economic pressures to adopt GM produce.
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Ecotoxicology in agriculture: crop risk management At the International Fresenius Conference ‘Aquatic and Terrestrial Ecotoxicology and Risk Management’, experts discussed current subjects in the agrochemical industry.
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Expansion of silo capacity at Fides Petfood Belgian petfood manufacturer Fides has almost doubled its storage capacity by installing 1.360 m3 of square smooth lining silos from SCE.
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Dupont’s South African deal denied Seed company Pioneer Hi-Bred, a DuPont subsidiary is disappointed that the South African Competition Commission had declined its proposed partnership with In September, the group announced that it had taken an 80pc stake in South African seed distributor Pannar for an undisclosed amount.
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Hungary black market for cigarettes shrinks as crackdown continues Black market cigarette sales accounted for 6pc of the total in Hungary in 2010, down one percentage point from last year, the Customs and Financial Guard said, citing data from market research company GfK Hungaria.
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Hungary ag minister explains priorities during Hungary presidency Hungary will focus on setting the main directions for the EU's common agricultural policy when the country assumes the presidency in the EU's agricultural council from January 1, Rural Development Minister Sandor Fazekas told journalists in Brussels.
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Pick Szeged sees revenue climbing over HUF 62bn in 2011 The management of Pick Szeged, owned by Hungarian food industry magnate Sandor Csanyi, targets revenue of more than HUF 62bn in 2011, up from an expected HUF 58bn in 2010, but still under the HUF 64bn in 2009, CEO Laszlo Kovacs (on the photo) said.
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Argentina wheat output seen higher Argentina's 2010/11 wheat output is estimated at 13,0 million tonnes, up from the previous forecast of 12,7 million tonnes, the Buenos Aires Grains Exchange said.
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EU cleared 127.000 tonnes wheat exports this week The European Union this weekgranted export licences for 127.000 tonnes of soft wheat, taking the total since the beginning of the 2010/11 (July-June) season to 10,3 million tonnes, official data showed.
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Radio Tele 5 Taxi introduces mobile fares Clients of Radio Tele 5 Taxi Holding will be able to pay their fares with their mobile telephones under an agreement between the taxi company, mobile service providers T-Mobile and Telenor, and FHB Bank, the partners announced.
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Hungary farm gate prices climb 24.7pc in Oct, level with Sep rise Twelve-month farm gate prices in Hungary climbed a sharp 24,7pc in October, level with the rise in September, the Central Statistics Office (KSH) said.
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Brazil 10/11 soy crop seen slightly down-Abiove Brazil's 2010/11 soybean crop, whose plantingis finishing now, was forecast at 67,2 million tonnes, down from the 67,9 million tonnes estimated previously, local grain crushing industry association Abiove said.
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Ukraine grain exports fall in Nov due to quotas Ukraine cut exports of its three major grain commodities to 476.200 tonnes in November from 1,38 million in October due to export quotas introduced by the government, ProAgro agriculture consultancy said.
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Emmsons offers lowest in Bangladesh wheat tender India's Emmsons International Limited made the lowest offer of $353,11 a tonne, including C&F liner out, in a Bangladesh tender that opened to import 50.000 tonnes of wheat, a food official said.
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Ukraine lifts ban on Hungarian cattle imports Ukraine's animal health authority has lifted a ban on imports of cattle, wild ruminant animals and their meat from Hungary imposed in 2008 because of an outbreak of catarrhal fever or bluetongue.
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S.Africa slightly cuts 2010/11 sugar output forecast South Africa's 2010/11 sugar output is estimated at 1,931 million tonnes, slightly down from a previous 1.949 million tonnes forecast, the latest estimate by the South African Sugar Association showed.
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EU: the quality of food products Guaranteeing quality to consumers and a fair price for farmers are the twin aims of the "Quality Package" adopted today by the European Commission.
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France exports 1,75 mln T wheat in Oct France exported 1,75 million tonnes of soft wheat within and outside the European Union in October, taking the total for the first four months of the 2010/2011 (July-June) season to 6,7 million tonnes, French customs data showed.
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Tunisia tenders to buy 67.000 T milling wheat-trade Tunisia's state grains agency hasissued a tender to purchase 67.000 tonnes of milling wheat, European traders said.
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Hungarian, Turkish company reps meet in Budapest Forty Hungarian companies participated at a meeting with Turkish business representatives organised in Budapest by the Hungarian Investment and Trade Development Agency (ITD Hungary).
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Egypt's GASC buys 240.000 T soft Argentine, French wheat Egypt, the world's largest wheatimporter, has bought 240.000 tonnes of soft Argentine and French wheat for Feb. 11-20 shipment on a free on board basis, the main government wheat buyer said.
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Proposal to extend Hun moratorium on farmland purchases by foreigners before Commission The Internal Market and Services Directorate General (DG MARKT) has made a written proposal to the European Commission to approve a request by Hungary to extend its moratorium on purchases of farmland by foreigners for another three years until 2014.
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Iraq buys 250.000 tonnes wheat Iraq has purchased 250,000 tonnesof U.S. wheat from three companies, a senior grain board official said.
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EU accepts bids for 461.051 T intervention grain The European Union's grainsmanagement committee accepted bids for 427.451 tonnes of barley and 33.600 tonnes of soft wheat from the bloc's intervention stores, official data showed.
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Andrassy Castle to undergo HUF 2,2bn renovation A contract on the HUF 2.2bn renovation of the Andrassy Castle in Tiszadob (E Hungary) was signed.
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Exporters sell 294.000 T U.S. corn to Mexico Private exporters reported the sale of 294.000 tonnes of U.S. corn to Mexico for delivery this marketing year, said the Agriculture Department.
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Egypt ties to help Hungary reach Asian, African markets Markets where Hungary's presence is limited in Asia and Africa can be reached through companies in Egypt, Foreign Minister Janos Martonyi (on the picture) said after meeting his Egyptian counterpart Ahmed Aboul Gheit in Budapest.
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S.Africa maize deliveries rise to 11,721 mln T Maize deliveries to South African silos rose to 11,721 million tonnes in the week to Dec. 3, up from a revised 11,702 million tonnes in the week before, data showed.
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Ukraine extends grain export quotas until March 31 Ukraine's government extended grain export quotas, set to expire on Dec. 31, until March 31, 2011, Interfax Ukraine news agency quoted Farm Minister Mykola Prysyazhnyuk as saying.
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French farm office raises wheat export forecast French farm office FranceAgriMer raised its monthly forecast of the country's exports outside the European Union during the current 2010/2011 season to a new record of 11,6 million tonnes.
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Yeast culture products boost cow health Vi-COR, a manufacturer of specialized yeast culture products for poultry, swine and dairy feed, has devoted the past 12 years to understanding yeast culture and why it offers health benefits to livestock.
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Drought spreads, hits 17 pct of China's winter wheat area Drought has affected winter wheatcrops in 17 percent of China's wheat growing areas in the country's northern bread basket, and dry weather is forecast to extend until spring next year, the government said.
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France sees higher wheat area in 2011 The area sown with winter softwheat in France is expected to reach 5,0 million hectares in 2011, up 1,5 percent on this year, the French farm ministry said.
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Pig farmers plead for emergency EU support European pork producers urged the EU executive last Friday to agree emergency support measures to bring the sector out of its "present crisis situation", which they blamed on low prices and soaring costs of animal feed.
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China agri ministry denies any corn deals with Argentina China's agriculture ministry denied media reports that it had signed a deal to import 5,5 million tonnes of corn from Argentina next year.
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Parliament approves main figures of 2011 budget Parliament approved the main figures of the 2011 budget with a vote of 249:83 and no abstentions.
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Israeli tender for corn, sorghum and soymeal A consortium of Israeli private buyers has issued a tender to purchase up to 40.000 tonnes of corn, 16.000 tonnes of the feed grain sorghum, 34.000 tonnes of corn products and 7.000 tonnes of soymeal, European traders said.
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Brill Palinkahaz sees taste for fine Hungarian spirits returning after crisis Brill Palinkahaz, a distiller of palinka, Hungary's eau de vie, sees revenue rising slightly to about HUF 55m in 2010, after falling 10pc in 2009 because of the crisis, managing director Edit Krizl said.
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Hungary employment rate lowest in EU Hungary's employment rate in the 15-64 age category was 55,3pc in the first half of 2010, the lowest of any European Union members state, the Central Statistics Office (KSH) said in a summary.
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Russian grain prices rise a head of holidays Russian grain prices rose last week on limited supply and heavy consumer buying ahead of the long New Year holidays, analysts said.
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Moody's downgrades Hungary two notches to Baa3 Moody's Investors Service on Monday said it downgraded Hungary's foreign- and local-currency government bond ratings by two notches to Baa3 from Baa1.
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End of moratorium on evictions could affect more than 100.000 properties More than 100.000 properties in Hungary could be affected by the end of a moratorium on evictions in April, Laszlo Kovacs, managing director of an office that provides services to troubled borrowers, said issue of daily Magyar Nemzet.
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Global agricultural prices sky-rocketed during October Tightening fundamentals and exchange rate movements played a major role in the price gains across a range of agricultural commodities. Prices now need to ration demand and encourage increased production in 2011/12.
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Lallemand teams up with Jebsen & Jessen in South East Asia Probiotic and yeast derivatives producer Lallemand Animal Nutrition (LAN) and Jebsen & Jessen Chemicals/NutriLife SEA have entered a strategic alliance for the exclusive distribution of LAN solutions for poultry, swine and aqua feed in South East Asia.
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Gallus inaugurates HUF 342m hatchery Hungarian poultry company Gallus on Friday inaugurated a HUF 342m hatchery at its base in Devecser (NW Hungary).
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Diamond V Europe technical sales support manager Diamond V Europe has hired Jan Roost as Technical Sales Support Manager for Germany.
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Animal health and welfare drive European pig sector Animal health and welfare are key issues for the sustainability of pig farming in Europe, said Dr. Andrea Gavinelli, at the 2nd Chinese European Pig Summit, recently held in Hannover, Germany.
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Dispute on feed mill funding at K-State facility A dispute has arisen over how to pay to remove and build an animal feed mill at Kansas State University that has to make way for the proposed National Bio and Agro-Defense Facility.
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New Scottish marine science facility in Aberdeen A new L15 million (€17,73m) marine science facility was opened in Aberdeen which will help sustain Scotland's position as a major producer of farmed fish.
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Mycotoxins 2011 at VIV Asia Following the very successful edition in 2009, this conference will run again as Mycotoxins 2011 8th March 2011 (the day before VIV Asia) in Bangkok Thailand.
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Magi-Maxx promises explosive growth in pigs Vitelia Feeds is an innovative dutch feed miller, who explores processing technologies to make feeds for improved animal performance. Its latest developed feed shows remarkable pig performance.
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||
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SAfrica on right track with mines audit - AngloGold Cleaning up South Africa'sscandal-tainted mining sector is no easy task but a six-month government audit of existing mineral licences is a welcome start, the head of the world's third-largest gold miner said.
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Jordan tenders to buy 100.000 T each wheat, barley Jordan's state grain buyer has issued separate international tenders to purchase 100.000 tonnes of wheat and 100.000 tonnes of barley, European traders said.
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||
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Chinese pork consumption levels, but numbers increase People in China on average do not eat more pork, but the increasing population will take total consumption to about 52 million tonnes in 2020.
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ADM oilseed crushing plant certified The ADM Spyck plant in Straubing, Germany was successfully certified according to the European Feed Ingredients Safety Code on the 10th of November, 2010.
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Romania reaps 9 mln T maize in 2010 Romania obtained the European Union's second-largest maize crop after France with an overall output of 9 million tonnes, oficial data showed.
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China to auction 300.000 t soy on Dec 3 China will auction 300.000 tonnes of soybeans from state reserves on Dec 3, its first release of soybeans this season, China National Grains and Oils Center (CNGOIC) said on its website.
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Professional group aims to boost consumption of milk, dairy products The Dairy Products Council aims to raise per capita consumption of milk and dairy products in Hungary from an annual 160 litres to 200 litres over the next ten years, council spokesperson Erzsebet Bakos said at a press conference.
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Russia seeks feed grain in Ukraine, Kazakhstan, EU Russia, former third-largest wheat exporter, is in talks with Ukraine, Kazakhstan and the European Union on imports of feed grain, an Agriculture Minstry spokesman said.
|
||
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Alltech to Capitalise on New Technologies and Equestrian Games Aura Although the very successful 2010 FEI World Equestrian Games ended nearly 50 days ago, title sponsor Alltech's charismatic President, Dr. Pearse Lyons, is still very much in a “post-games honeymoon period”.
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China sees lower 2010 soyoil, palmoil imports China, the largest consumer of edible oils, is likely to import 1,4 million tonnes of soyoil this year, down 40 percent from last year, according to an official think-tank.
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||
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Egypt eyes Sudan for wheat needs Egypt has turned to its impoverished southern neighbor, Sudan, for use of agricultural land as the world's largest wheat importer looks to meet domestic food supply needs and quell a rapidly growing population increasingly irate about chronic price increases.
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Hungary central bank raises key rate to 5,50pc The National Bank of Hungary's Monetary Council raised the central bank's key rate by 25bp to 5,50pc at a meeting.
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S.Africa maize deliveries rise to 11,67 mln T Maize deliveries to South African silos rose to 11,673 million tonnes.
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||
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Africa traders see 2009/10 maize crop at 13 mln T South Africa's May 2009 - April 2010 maize harvest is likely to be 13 million tonnes, compared with an official government forecast of 13,043 million tonnes.
|
||
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EU: Options for reform of Common Agricultural Policy Three options The European commission focuses on to revamp the EU's agricultural policy for a secure food supply, sustainable agriculture, a better environment and rural development.
|
||
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China hungry for DDGS China’s demand for dried distillers’ grains and soluble (DDGS) may rise to more than 10 million metric tons per year in the future, an executive at Cofco Ltd. said.
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||
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Indian firm in talks with Israeli dairy tech suppliers Godrej Agrovet, the agri-business arm of leading conglomerate Godrej, has planned to enter the dairy farming business in India. It is in talks with at least two leading Israeli dairy farm technology providers.
|
||
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OTP signs deal with Chinese card issuer OTP Bank signed an agreement with China Union Pay (CUP) under which cards issued by the Chinese company will be accepted at the bank's network of ATMs and points of sale in Hungary.
|
||
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Danone keeps firm hold on Hungary yoghurt market with new product The Hungarian unit of French food giant Danone has retained its share on the yoghurt market this year in spite of a drop in consumption, largely thanks to its new line of Greek-style products, managing director Paolo Maria Tarufi said of business daily Napi Gazdasag.
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Argentine 2010/11 soy area to hit record - govt Argentina's 2010/11 soyarea should rise to a record 18,65 million hectares (46.08 million acres), the Agriculture Ministry said in its first formal estimate of soybean plantings this season.
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||
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Syngenta sees 10pc revenue rise in Hungary in 2011 The Hungarian units of Swiss agribusiness company Syngenta expect revenue to inch up to about HUF 40bn this year but rise 10pc in 2011, Syngenta Novenyvedelmi communications chief Marcell Beretzky said at a press conference.
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Bulgaria 2010 maize crop up 45 pct to 1,9 mln T Bulgaria reaped 1,93 million tonnes of maize from 97 percent of the sown area, 45 percent more than a year ago mainly due to favourable weather, a senior farm ministry official said.
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Finland sees 2010 grain harvest at 3 mln tonnes Finland's Ministry of Agriculture and Forestry forecast the grain harvest for this year at a total of 3 billion kg (3 mln tonnes), the smallest amount in this decade due to a drought.
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||
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S.Africa's 2010 wheat output forecast left flat South Africa left its 2010 wheat output forecast unchanged at 1,571 million tonnes as a rise in production in some areas was offset by a fall in output in other places.
|
||
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Germany's top court approves GMO planting laws Germany's top court rejected a complaint that restrictive laws on cultivating crops with genetically-modified organisms (GMOs) violate the constitution.
|
||
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Exporters sell US SW wheat to Egypt for 10/11-USDA Private exporters reportedthe sale of 120.000 tonnes of U.S. soft white wheat to Egypt for delivery during the 2010/11 marketing year, the U.S. Agriculture Department said.
|
||
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Funds sell and bought estimated 15.000 CBOT corn contracts Funds sold an estimated 15.000 corn futures contracts on the Chicago Board of Trade, floor traders estimated.
|
||
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Bourse CEO issues resolution to extend trading hours from Dec The CEO of the Budapest Stock Exchange issued resolution to extend the bourse's trading session by half an hour to 5:10pm from December 1, the BSE said.
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Econ minister sets January 31 deadline to return to state pension system Hungary's private pension fund members will have until January 31, 2011 to decide whether to return to the state pay-as-you-go pension system, Minister of National Economy Gyorgy Matolcsy (on the photo) announced.
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State spending on farm, rural development to climb 28pc in 2011 State spending on agriculture and rural development, excluding institutional expenditures, is expected to rise by 28pc to HUF 593bn in 2011, Rural Development Minister Sandor Fazekas said.
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Matusz-Vad launches web shop Hungarian frozen-food supplier Matusz-Vad has launched a web shop, company said.
|
||
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Gov't to announce structural reforms in February The government will announce in February structural reforms that will result in HUF 600bn-800bn of savings, National Economy Minister Gyorgy Matolcsy said.
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||
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State secretary calls for closer economic ties between Hungary, Serbia Hungary and Serbia need a more intensive trade and investment relationship, state secretary Zsolt Becsey said, at the end of a two-day meeting of the Serbian-Hungarian Mixed Economic Committed in Belgrade.
|
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Europe approves updated feed catalogue Representatives of 39 EU Associations of the EU feed chain, including suppliers of feed materials, traders, compound feed manufacturers and farmers, welcome the official approval on 18 November 2010 of the updated Catalogue of feed materials that they submitted to the Standing Committee of the Food Chain and Animal Health.
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National development minister to travel to Moscow National Development Minister Tamas Fellegi will meet with the co-chair of the Hungarian-Russian Economic Cooperation Intergovernment Committee, Viktor Zubkov, in Moscow on Wednesday, the ministry said.
|
||
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US livestock markets respond to higher feed costs Higher feed prices have put a halt on expansion of animal production in the US. Beef production and trade remain steady, but no growth is expected in pork and poultry markets, according to the latest USDA estimates.
|
||
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Sheep coop Covisurle invests €750.000 for expansion The cooperative sheep farmers Covisurle in Valencia de Don Juan is to expand its storages through an investment of €750.000 from.
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Hell Energy building HUF 4,5bn plant in NE Hungary Hungarian energy drink maker Hell Energy Magyarorszag said it is building a HUF 4,5bn plant in Szikszo (NE Hungary).
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Non-profit company proposes building biogas plants in area of red-sludge spill Sokoro Naturzona Nonprofit Kft.a biogas-plant construction company proposed that biogas-fueled power plants be built in the communities located in the region of west-central Hungary where a massive red-sludge spill occurred in early October.
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||
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Auchan fined for selling milk under cost Hungary's Rural Development Ministry said the Farm and Rural Development Office fined French-owned supermarket chain Auchan HUF 20,5m for selling UHT milk imported from the Czech Republic under cost.
|
||
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Price of bottled wine expected to rise 8-12pc in Hungary The price of bottled Hungarian wine is expected to rise 8-12pc at the beginning of 2011 because of a poor harvest in 2010, Peter Varga, managing director of Varga Cellars said.
|
||
 |
Hungarian Christmas tree growers cut first trees of season Hungarian Christmas tree growers started cutting the first trees of the season at the weekend.
|
||
 |
Price-fixing lawsuit filed against magnesium oxide suppliers A group of American farmers filed a national class-action lawsuit against Premier Chemicals, Sumitomo Corporation of America, and YAS for allegedly conspiring to fix prices of magnesium oxide that forced farmers to overpay millions of dollars.
|
||
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Animal feed executives meet at Bühler The Business Unit Feed & Biomass of Bühler hosted 25 executives from 15 leading European feed manufacturing groups last October. This years’ event addressed issues around “the sustainable production of feed”.
|
||
 |
New investments at UK’s first dedicated organic feed mill Vitrition, part of Kiotech International, which operates the longest established dedicated organic feed mill in the UK, has made a significant investment in a new cooler and crumbler at its Boroughbridge facility.
|
||
 |
Bonafarm member builds HUF 600m irrigation system Agribusiness Dalmand, a member of food industry magnate Sandor Csanyi's Bonafarm, is building an irrigation system on a 560 hectares at a cost of almost HUF 600m, Dalmand CEO Janos Adam (on the photo) said.
|
||
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Egypt's GASC buys 175.000 T soft, hard U.S. wheat Egypt's main government wheat buyer said it had bought 175.000 tonnes of U.S. wheat for Jan. 21-31 shipment on a free-on-board basis.
|
||
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Russia seen keeping wheat export ban till late 2011 Russia's ban on wheat exports, imposed after drought ravaged crops, could very well be extended until the end of 2011 if mounting worries about the next crop are confirmed, exporters, traders and analysts said.
|
||
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EU cleared 442.000 tonnes wheat exports this week The European Union this week granted export licences for 442.000 tonnes of soft wheat, taking the total since the beginning of the 2010/11 (July-June) season to 9,2 million tonnes, official data showed.
|
||
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Competition Office clears meat company acquisition Hungary's Competition Office (GVH) on Thursday said it cleared meat company Debreceni Csoport's acquisition of a controlling stake in Kaiser Food from Tarandus.
|
||
 |
Analyst UkrAgroConsult cuts Ukraine '10 crop fcast UkrAgroConsult agriculture consultancy reduced its Ukraine's 2010 grain crop forecast to 39,24 million tonnes from the previous outlook of 39,52 million tonnes.
|
||
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Meat processor Kometa sees revenue falling 9pc in 2010 Hungarian meat processor Kometa 99 expects to close 2010 with revenue of HUF 20bn, down from HUF 22bn in 2009, managing director Giacomo Pedranzini (on the photo) said.
|
||
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Syngenta to divest sunflower hybrids in Hungary as condition for acquisition The European Commission on Wednesday said it cleared the acquisition of the global sunflower seed business of US-based Monsanto by Syngenta of Switzerland on the condition Monsanto's sunflower hybrids in Hungary and Spain are divested.
|
||
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EuroTier 2010 opens with record number of exhibitors The 2010 version of the biannual animal husbandry exhibition EuroTier kicked off on Tuesday with a record number of direct exhibitors – 1.939 companies have gathered in Hanover’s exhibition grounds, Germany.
|
||
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Hungary's fruit and vegetable production fell at least 30pc this year Hungary's production of fruit and vegetables declined by 30pc-35pc this year as a result of extreme weather conditions, Hungarian Fruit and Vegetable Interprofessional Organization and Product Council (FruitVeb) CEO Bela Martonffy said.
|
||
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Borsodi Sorgyar sees little head on beer sales Hungarian brewer Borsodi Sorgyar targets average annual revenue growth of 1-3pc for the coming years starting in 2011, CEO Zsolt Totos said.
|
||
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Gov't establishes HUF 6bn fund to help agricultural producers overcome force majeure The government has established a HUF 6bn credit fund to assist agricultural producers who suffer losses as a result of a force majeure, the newest issue of official gazette Magyar Kozlony reveals.
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Hungarian Parliament approves 2011 tax bill Hungarian Parliament approved a bill that introduces a flat 16pc tax rate on all personal income from 2011 and introduces a 10pc corporate profit tax rate for all companies from 2013.
|
||
 |
Russia grain stocks 20,8 pct down on year Russian grain stocks stood at 41,6 million tonnes as of Oct. 1, down 20,8 percent from the same date last year, the Russian Grain Union industry lobby said, quoting official Rosstat statistics office data.
|
||
 |
German 2011 rapeseed crop seen unchanged on year Germany's rapeseed cropfor harvesting in summer 2011 is likely to reach 5,5 to 6 million tonnes, little changed from the 5,7 million tonnes in 2010, German oilseeds industry association Ufop said.
|
||
 |
Exporters sell 119.000 T soybeans to unknown - USDA Private exporters reported the sale of 119.000 tonnes of U.S. soybeans to unknown destinations, the U.S. Agriculture Department said.
|
||
 |
S.Africa weekly white maize exports up to 12.026 T South Africa exported 12.026 tonnes of white maize last week compared with 6,691 tonnes in the previous week, the South African Grain Information Service (SAGIS) said.
|
||
 |
Poultry processer Zalai Baromfifeldolgozo to build HUF 1,5bn plant Poultry processer Zalai Baromfifeldolgozo will begin construction of a new, HUF 1,5bn plant in western Hungary this month, the regional daily Zalai Hirlap reported.
|
||
 |
N.Korea faces 542.000 t grain deficit in 2010/11 North Korea is facing a graindeficit of 542.000 tonnes in the 2010/11 marketing year after the government only partially provided for grain import cover, the United Nations' food agencies said.
|
||
 |
Price of farmland in Hungary nearly doubles in ten years The price of farmland in Hungary rose more than 90pc between 2000 and 2010, FHB Mortgage Bank CEO Laszlo Harmati said.
|
||
 |
FDA: More time to comment on salmonella guidance The US Food and Drug Administration (FDA) has extended the comment period for the draft guidance regarding salmonella in animal feed.
|
||
 |
CP Foods expects profit to grow more than 30pc Charoen Pokphand Foods Pcl, Thailand’s biggest animal feed and food producer, said profit may surge more than 30pc this year, boosted by income from overseas businesses and food products.
|
||
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Rise in Hungary farm gate prices picks up to 24,7pc yr/yr Farm gate prices in Hungary rose 24,7pc yr/yr in September, rising for the third month in a row after yr/yr declines between March and June, the Central Statistics Office (KSH) said.
|
||
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Hungary submits preliminary Europe 2020 action plan to Brussels Hungary's National Economy Ministry on Friday said it submitted the country's preliminary National Action Plan, which contains commitments for the Europe 2020 strategy, to the European Commission.
|
||
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Hungary maize harvest still seen reaching 7m tonnes With about 70pc of the country's maize crop harvested, farmers still expect to bring in 7m tonnes for the season, Jozsef Vancsura, head of grain growers association GOSZ, said.
|
||
 |
Poultry feed trials with sorghum in Egypt Feeding trials with non-tannin sorghum are to encourage Egyptian traders to buy this US-grown grain. Poultry represents the biggest source of meat-based protein in Egypt.
|
||
 |
Juice maker Rauch Hungaria sees revenue climbing over HUF 17bn in 2010 Austrian-owned Hungarian juice maker Rauch Hungaria expects to close 2010 with revenue of HUF 17,3bn, 5pc more than in 2009, managing director Gabor Kardos said.
|
||
 |
Sudan company to build animal feed plant Sudan’s White Nile Sugar Co. signed agreements for an ethanol factory and animal-feed plant with China CAMC Engineering Co., Managing Director Hassan Satti said.
|
||
 |
SPAR "astonished" at extension of crisis taxes An extension of a crisis tax on retailers has "astonished and surprised" supermarket chain SPAR Magyarorszag, chairman Peter Feiner (on the photo) said.
|
||
 |
Naszalytej inaugurates HUF 530m milk processing line Hungarian dairy company Naszalytej on Thursday inaugurated a HUF 530m ultra-high temperature (UHT) processing line at its base in Vac, near Budapest.
|
||
 |
Ten agricultural product names registered The European Commission has added ten names of agricultural products and foodstuffs to the Register of Protected Designations of Origin (PDO) and Protected Geographical Indications (PGI):
|
||
 |
Hungary wine crop could fall one-third in 2010 Hungarian vintners will put 2,0m-2,5m hectolitres of wine into cellars this year, down from 3,3m in 2009 because of bad weather, Csaba Horvath, head of winemakers association HNT, told Parliament's agriculture committee.
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||
 |
Cerbona to file for bankruptcy protection Shareholders of food company Cerbona agreed at a general meeting on Wednesday to file for bankruptcy protection, CEO Gabor Gosztonyi said.
|
||
 |
There is wheat, but how to get it? Logistical constraints may hamper world wheat trade at a time when buyers are relying on a handful of exports to fill the deficit left by Russia's grain ban, analysts and a wheat trading association said.
|
||
 |
French beef producers block plants for better price Dozens of French beef producers in the Nord-Pas-de-Calais, Picardy and the Ardennes block the slaughter houses of leading French meat processor Bigard. The action is on instigation of the agricultural union FNSEA (National Federation of Farmers' Unions) and JA (young farmers).
|
||
 |
Parliament's Sustainable Development Committee clears 2011 budget bill for debate Parliament's Sustainable Development Committee (president's: Benedek Javor, LMP - on the photo) approved the government's 2011 budget bill for general parliamentary debate.
|
||
 |
Carr’s Milling profits from Scottish expansion UK-based feed manufacturer Carr's Milling Industries said that expansion of its operations in Scotland had helped drive strong profits growth.
|
||
 |
Crisis taxes could stay till 2014, says Fiscal Council head Extraordinary taxes introduced this year by Hungary's government to ensure the country meets its deficit targets could remain in place until 2014, Gyorgy Kopits (on the photo), who heads the independent Fiscal Council, said in an interview on public television.
|
||
 |
Erste Bank Hungary plans to cut 9pc of staff Erste Bank Hungary plans to lay off about 9pc of its staff - some 250 people - this year because of the limited outlook for turnover, the big slowdown on the lending market and a recently introduced bank levy, business daily Napi Gazdasag reported.
|
||
 |
Hungary September trade surplus was EUR 548m Hungary had a EUR 548m trade surplus in September, up from EUR 392m in August, and a EUR 459m surplus a year earlier, the Central Statistics Office (KSH) said in its preliminary estimates.
|
||
 |
Morocco rated phosphate kingdom of the world Morocco is home to the world’s biggest known deposits of phosphate, used in fertilizer, detergent, food additives, and more recently lithium-ion batteries.
|
||
 |
Food company Ujvilag sees revenue climbing to HUF 400m in 2010 Hungarian food company Ujvilag Mezogazdasagi es Elelmiszeripari Szovetkezet expects to close 2010 with revenue of HUF 400m, chairman Zoltan Szebeni said.
|
||
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Agrokhleb-Russian vegetable oils exports fall, imports rise An increase in the Russian domesticvegetable oil prices resulted in a drastic fall in exports, but stimulated imports primarily of cheap palm oil in the 2009/10 crop year started in October 2009.
|
||
 |
Italy 2010 maize output up to 8,85 mln t Maize output in Italy, a major producer in Europe, rose to 8,85 million tonnes in 2010 from 8,21 million tonnes last year thanks to an increase in the planted area, according to Italy's statistics agency ISTAT data.
|
||
 |
Vietnam earns 2,67 bln USD from rice export in first ten months Vietnam earned 2,67 billion U.S dollars from exporting rice to the world market in the first ten months, up 10,8 percent year-on-year, said a report of the Vietnam Food Association (VFA).
|
||
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AmCham presses gov't to limit crisis taxes, carry out reforms The American Chamber of Commerce in Hungary (AmCham) said in a statement on Monday that "crisis taxes" recently levied on the energy, trade and telecommunications sector must be limited to at most three years, be accompanied by structural reforms and be complemented by measures to widen the tax base.
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||
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Buschhoff grain handling at EuroTier Apart from the high performance conveying technology (now completely revised), the Buschhoff company presents at the EuroTier fair more innovations for 2011.
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Hunters seek to make Hungaricums of Fallow, Red Deer Two Hungarian hunters associations have launched an initiative to make the country's Fallow Deer and Red Deer "Hungaricums", a special term for things typically Hungarian, daily Nepszabadsag reported.
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Kraft Foods increases prices, marketing in 3Q Kraft Foods Inc. turned to price increases to cope with rising ingredient costs and lackluster sales volume during its third quarter.
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South Africa Grains: Corn Falls On Rand, Profit Taking South African corn futures ended session weaker on profit taking, the firmer rand and forecasts for good rain for next week, a trader said.
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EC reimburses Hun for EUR 3m in farm support The European Commission on Friday said it decided to reimburse Hungary with EUR 3.069.000 for technical, financial and other costs related to storage of intervention maize because of incorrect booking.
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Gov't proposes at least 4,5pc minimum wage rise The government proposed to employers and unions at a meeting of the National Interest Coordination Council (OET) raising the minimum wage at least 4,5pc to HUF 76.800 per month from January 1, 2011.
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U.S. soy hits 2-year high on softer dollar U.S. soybean futures rose to their highest in more than two years as the U.S. dollar struggled near fresh lows.
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Egypt and Vietnam partner to d.lop aquaculture industry Fisheries experts in Egypt and Vietnam hope that the cooperation between the experience of Africa’s leading freshwater fish producer with that of one of Asia’s fastest-growing mariculture sectors will lead to a robust aquaculture industry that utilises both river and sea to feed growing populations and generate export revenues.
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Date pits in battle for drug-free chicken meat The Abu Dhabi poultry industry is close to producing drug-free chickens after research conducted with date pits showed that these provide chicks with a natural antibiotic that leaves no residue in the meat.
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Csanyi Cellars raise capital by HUF 140m The Csanyi Cellars raised registered capital by HUF 140m to HUF 1,88bn by issuing new shares, business daily Vilaggazdasag said, quoting Tamas Eder (on the photo), corporate relations and PR manager of Bonafarm Zrt.
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New Managing Director at METRO Kereskedelmi Ltd. As of 1 November 2010 Mr. Roland Ruffing (on the photo) will take over the position as Managing Director at Metro Cash & Carry Hungary.
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Multimillion support for Romanian oilseed processor Expur The European Bank for Reconstruction and Development (EBRD) is supporting the development of the Romanian rapeseed industry with a €80 million syndicated financing package to Expur S.A., a local oilseed processing company.
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Gov't makes HUF 6bn of credit available to farmers hit by bad weather The government decided to make HUF 6bn in credit from the Hungarian Development Bank (MFB) available to farmers hit by bad weather, Rural Development Minister Sandor Fazekas (on the photo) said.
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Aufwind Neu Energien to start test operation of HUF 3,9bn biogas plant in April The Hungarian unit of Germany's Aufwind Neue Energien plans to start test operation of a HUF 3.9bn biogas plant it is building in Szarvas (SE Hungary) in April, Aufwind Schmack Elso Biogaz said.
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Novus stimulates education in Africa Feed ingredient specialist Novus International Inc., has announced a new Novus Scholars partnership with Egerton University located near Nakuru, Kenya.
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China quarantine bureau rejects U.S. corn cargo China's quarantine bureau confirmed on Tuesday that it had discovered traces of an unapproved genetically modified organism (GMO) in a U.S. corn cargo and had refused it entry into China.
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Exporters sell US wheat to unknown for 10/11-USDA Private exporters reported the sale of 110.000 tonnes of U.S. hard red winter wheat to unknown destinations for delivery during the 2010/11 marketing year, the U.S. Agriculture Department said.
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Kazakhstan's gross grain crop at 13,9 mln T in 2010 Kazakhstan has completed grain harvesting, gathering a total of 13,9 million tonnes of grain by bunker weight, Deputy Agriculture Minister Yevgeny Aman (on the photo) said.
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Ukraine grain exports rise slightly in October Ukraine's grain exports rose to 1,4million tonnes in October from 1.3 million in September, UkrAgroConsult agriculture consultancy said.
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S.Africa weekly white maize exports fall to 11.538 T South Africa exported 11.538 tonnes of white maize last week compared with 15.009 tonnes in the previous week, the South African Grain Information Service (SAGIS) said.
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New authorisation for Actisaf yeast After having received approval by EFSA for safety and efficiency in April 2010, Actisaf Sc 47 is now authorised for use in rearing calves.
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US: Despite higher feed costs excess poultry expected US chicken supplies are soaring even as feed costs rise, threatening profits of large poultry producers that continue to expand their flocks.
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Decision clears way for OTP acquisition of Podravka stake Croatian food industry giant Podravka on Friday said its board decided against calling an option to purchase 10,65pc of its shares, thus clearing the way for Hungary's OTP Bank to acquire the stake.
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Milling companies appeal HUF 2,3bn Competition Office fine Milling companies fined a combined HUF 2,3bn for alleged cartel activity by Hungary's Competition Office (GVH) on Thursday will appeal, chief secretary of the Hungarian Grain Association Zsofia Potsa said.
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Brussels approves Hungary's request to raise alcohol content of wine Brussels has approved a request by Hungarian vintners allowing them to raise the alcohol content of wines and must by half a percent to compensate for low sugar content because of bad weather, the Hungarian Chamber of Agriculture said in a statement.
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Alltech aiming at 50.000 entries for young scientist award The Alltech Young Scientist Program ensures that students pursuing degrees in science are recognized. This program has continued to have an increase in entries every year with the company’s goal being 50.000 entries in the next few years.
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Last Ryanair flight leaves Budapest Low-fare Irish airline Ryanair will fly its last flight from Budapest's Ferihegy International Airport. Ryanair said earlier that it would take Budapest off its list of destinations because it could not reach an agreement with airport operator Budapest Airport on lower fees.
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Competition Office fines milling companies combined HUF 2,3bn for cartel Hungary's Competition Office (GVH) on Thursday said it fined 16 Hungarian milling companies a combined HUF 2,3bn for cartel activity.
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Zwack Unicum H1 profit falls as revenue drops, margin narrows After-tax profit of Zwack Unicum fell 36pc to HUF 720m in the first half of the company's business year started April 1 as revenue fell and margins narrowed, the spirit maker's IFRS report for the period shows.
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Hungary trade development agency to be transformed into state office The Hungarian Investment and Trade Development Agency (ITD Hungary), which now operates as a company, will be transformed into an office owned and overseen by the National Economy Ministry from January 1, the ministry said.
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India to review cotton exports policy in Dec-farm min India will review its policy on cotton exports in December, Farm Minister Sharad Pawar told the annual Economic Editors' Conference.
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Vietnam 2011 rice exports seen at 6 mln tonnes-report Vietnam, the world's second-largest rice exporter after Thailand, is forecast to ship at least 6 million tonnes of the grain next year, after a record 6,5 million tonnes expected for 2010, a state-run newspaper reported.
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S.Africa maize deliveries rise to 11.533 mln T Maize deliveries to South African silos rose to 11.533 million tonnes in the week to Oct.22, up from a revised 11,500 million tonnes in the week before, data showed.
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Ukraine wants to sell grain export quotas at auction Ukraine's government has proposed selling grain export quotas at auctions, Prime Minister Mykola Azarov said.
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FAO starts wheat seed distribution in Pakistan The United Nations' Food and Agriculture Organisation has started distributing more than 20.000 tonnes of wheat seeds in Pakistan where floods have threatened a key wheat planting season, a FAO official said.
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DJ Eastern Australian Wheat Crop Will Easily Top 13M Tons Eastern Australia's wheat crop will easily exceed 13 million metric tons this year - the largest crop for 25 years - due to the La Nina weather phenomenon, ANZ said.
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Syria extends deadline in 27.366 T wheat tender Syria's state purchasing agency has extended the bidding deadline in a tender to buy 27.366 tonnes of wheat and has not made a purchase yet, European traders said.
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Fuel blockage in France hampers feed supply Farmers Union FNSEA demanded that the French government takes action against the blockage of the supply fuel in the interest of the agricultural sector. Besides seasonal crop farming activities, the collection of milk and delivery of the feed is becoming difficult.
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UK Soil Association advocates animal feed re-think A debate is urgently needed on how farmers can move away from feeding animals grains and imported proteins and use more sustainable alternatives, the Soil Association has said.
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Ukraine '11 winter wheat sowing area falls 7 pct Ukraine has completed winter wheat sowing to the 2011 harvest, which is about 7 percent lower at 6,3 million hectares from 6,75 million a year earlier, Ukrainian Agriculture Minister Mykola Prysyazhnyuk said.
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Tunisia buys durum wheat and barley in tender Tunisia's state grains agency purchased 25.000 tonnes of durum wheat and 25.000 tonnes of barley in a tender which closed on Friday, European traders said.
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Vintner Bodri completes HUF 730m cellar The Bodri Cellars of Hungary's well known Szekszard wine-growing region has inaugurated a HUF 730m cellar, owner Istvan Bodri said.
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Matusz-Vad Q3 sales climb almost a third Third-quarter revenue of Hungary's Matusz-Vad, a supplier of frozen food to the catering industry, grew 31,5pc to almost HUF 2bn from the same period a year earlier, company said.
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GM corn should improve Vietnam’s self-sufficiency Vietnam is growing maize from genetically modified seed to help make it more self sufficient in the production of animal feed. Trial crops have been established in the northern province of Hung Yen and some southeastern provinces.
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Maize harvest slowed by wet fields, but still seen reaching 7m tonnes Hungary's maize harvest has been slowed because of wet fields, but farmers are still expected to bring in about 7m tonnes, Jozsef Vancsura, head of grain growers association GOSZ said.
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Iraq buys 310.000 tonnes of rice - grains source Iraq has bought 310.000 tonnes of rice from the United States, Thailand and Vietnam, a source at its grains trading board said.
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Ukraine exports 951.000 T grain in Oct 1-19 Ukraine exported 950.900 tonnes of grain in October 1-19 and further shipments this month are unlikely due to the introduction of grain export quotas, UkrAgroConsult agriculture consultancy said.
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S.Africa maize deliveries rise to 11,499 mln T Maize deliveries to SouthAfrican silos rose to 11,499 million tonnes in the week to Oct. 15, from a revised 11,462 million tonnes in the week before, data showed.
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Ukraine to allocate grain export quotas by Nov. 3 Ukraine's Economy Ministry said it had launched a procedure for allocating export licences under the 2,7 million tonnes grain export quotas for the rest of this year.
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Hungary, Syria sign economic cooperation agreement Hungary and Syria signed an economic cooperation agreement in Budapest.
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India raises local wheat purchase price India has raised the price it will pay to domestic farmers to buy new season wheat to 1.120 rupees ($25,25) per 100 kilogrammes, Information and Broadcasting Minister Ambika Soni (on the photo) said reporters.
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Bestillo Palinkahaz to open HUF 90m visitors centre Bestillo Palinkahaz, distillers of palinka, Hungary's eau de vie, will open a HUF 90m visitors centre in Boldogkovaralja (NE Hungary), managing director Zsolt Vavrek said.
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National Foods of Zimbabwe shuts Bulawayo animal feed mill National Foods Ltd. of Zimbabwe will next month put its animal-feeds mill in Bulawayo on “care and maintenance” because it can’t source the necessary ingredients, the Chronicle reported, citing a company statement.
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Hungary gross wages rise accelerated to 1,9pc yr/yr in August Gross wages in Hungary rose 1,9pc in the twelve months through August, after slowing to 0,3pc yr/yr in July from 0,5pc in June, the Central Statistics Office (KSH) said.
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Hungary to send energy action plant to Brussels by end-November The government will submit Hungary's renewable energy action plan to Brussels at the end of November, National Development Ministry department head Gyorgy Szerdahelyi said.
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Businesses, unions welcome new points of gov't economic plan Businesses and unions welcomed some of the new points of the government's second economic action plan revealed by Prime Minister Viktor Orban in a speech before Parliament.
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Dairy product imports take more than 20pc market share in Hungary The market share, in volume terms, of imported dairy products in Hungarian stores has risen from 10pc to over 20pc from 2007 through 2009, business daily Vilaggazdasag said, citing data compiled by market researcher MEMRB.
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Cargill reports first-quarter fiscal 2011 earnings Cargill has reported net earnings of $883 million in the fiscal 2011 first quarter ended Aug. 31, up 68pc from $525 million in the same period a year ago.
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Ukraine govt adopts 2,7 mln T grain export quotas Ukraine's government has adopted a resolution to impose a 2,7 million tonne combined grain export quota for maize, wheat and barley for this year, according to a document published on the government's website.
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Agromed appoints Gladron Chemicals as distributor in Malaysia LinkAsia Partners announced that Agromed Austria, a leading provider of premium natural feed additives, and Gladron Chemicals, an established supplier of animal health and nutritional products, have sealed a distribution agreement for OptiCell and FibreCell products in Malaysia.
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Alternative fish feeds use less fish meal and fish oils As consumers eat more fish as part of a healthy diet, U.S. Department of Agriculture (USDA) scientists are helping producers meet this demand by developing new feeds that support sustainable aquaculture production.
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Tesco, Spar to pay most in retail chain "crisis tax" Supermarket chains Tesco and Spar will pay the most "crisis tax" this year, data compiled by the National Retail Association (OKSZ) shows.
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French analyst cuts EU 2010 maize crop forecast French analyst Strategie Grains cut its forecast for this season's European Union maize crop for the fifth month in a row as it lowered its estimated yields in central and western Europe.
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Intersnack to shut down chips plant but raise snacks capacity in Hungary Intersnack International plans to stop production at one of its two bases in Hungary, but boost output at the other with a view to turning it into a production centre for the region, Gyorgy Somogyi, CEO of Intersnack's Hungarian unit Chio Magyarorszag said.
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EU plans intervention barley tenders The European Commission plans to open as of Nov. 24 tenders to resell on the internal market 2.8 million tonnes of barley currently held in intervention stores, sources close to the matter said.
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Biotech crop rules might be eased by EU The European Union is considering allowing a trace amount of unapproved genetically modified material in imports of animal feed but not human food. The United States and other big grain exporters called the draft reports unworkable.
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Feed acidifiers market to reach US$1,4 Billion by 2015 Global Industry Analysts, Inc. announces the release of a comprehensive global report on Feed Acidifiers markets. The global market for Feed Acidifiers is forecast to reach US$1,4 billion by the year 2015.
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Hungary wine harvest down; quality Hungary's vintners are expected to produce no more than 2,5m hectolitres of wine this season, down from about 3m in 2009, Csaba Horvath, the head of winegrowers association HNT said.
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Israeli trader tenders for corn, sorghum, soymeal Israel's largest feed grain trader Shovre Bar has issued a tender to purchase up to 40.000 tonnes of U.S. or European corn, 16.000 tonnes of the feed grain sorghum, 7.000 tonnes of soymeal and 34.000 tonnes of products, a spokesman said.
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S.Africa weekly white maize exports fall to 5.581 T South Africa exported 5.581tonnes of white maize last week compared with 10.062 tonnes in the previous week, the South African Grain Information Service (SAGIS) said.
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Dalian soybeans fall after China move Dalian soybean futures fell 1,2 percent at the open, shrugging off gains in Chicago, after China said it was likely to lift its six-month de facto ban on soyoil imports from Argentina, which could cut demand for beans for domestic soyoil production.
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Czech stats office keeps grain harvest estimate The Czech Statistics Bureau (CSU) kept its estimate for Czech Republic's grain harvest broadly unchanged in September, it said.
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World grain prices below 2008 peaks International prices of wheat, maize and rice have remained well below their 2008 peak levels despite strong rises this summer on the back of grain export ban in drought-hit Russia, the United Nations' food agency said.
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Ukraine EconMin proposes 2,7 mln T grain export quota Ukraine's Economy Ministry proposed to the government a combined 2,7 million tonnes grain export quotas for maize, wheat and barley for this year.
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FlyBalaton to stay open this winter The FlyBalaton airport in Sarmellek (W Hungary) will not shut down this winter, unlike in the previous two years, Peter Elkan, communications director for property developer SCD, which is renting the airport, said.
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Hungary Aug farm gate prices up 20.1pc rising for second month Farm gate prices in Hungary rose 20.1pc yr/yr in August, rising for the second month in a row after yr/yr declines between March and June, the Central Statistics Office (KSH) said.
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Hungary's biggest Belgian beer importer sees return to pre-crisis sales Belgaco, Hungary's biggest importer of Belgian beer, expects its revenue to climb 20-25pc to HUF 300m in 2010, returning to pre-crisis levels, owner Janos Tamaska said.
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Turkey processor Gallicoop revenue stable as sector contracts Turkey processor Gallicoop's revenue climbed 1pc to HUF 16.9bn in January-August from the same period a year earlier even as output of the sector declined more than 6pc, the company said.
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France raises sugar beet crop estimate to 31.2 MT The French farm ministry raised its estimate for this year's sugar beet production to 31.2 million tonnes, from 30.4 million tonnes seen last month.
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Rural development ministry to pay out HUF 114.7bn in area-based land subsidies by Oct 18 The Rural Development Ministry said on Thursday it will start paying out the half of area-based land subsidies for this year as an advance from October 18. The advance will total HUF 114.7bn.
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Ukraine grain export quotas may change Ukraine may adjust grain export quotas announced on Thursday and the Agriculture Ministry thinks they should be higher for wheat and lower for barley, minister Mykola Prysyazhnyuk said.
|
||
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India buys 621.000 T rice from local farmers-govt sources The Indian government has bought 621.000 tonnes of rice from local farmers, kicking off purchases of the grain in the new marketing year that began on Oct. 1, officials said.
|
||
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Exporters sell 822.960 T US corn to Mexico - USDA Private exporters reportedthe sale of 822.960 tonnes of U.S. corn to Mexico, the U.S. Agriculture Department said.
|
||
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S.Africa maize deliveries rise to 11.347 mln T Maize deliveries to SouthAfrican silos rose to 11.347 million tonnes in the week to Oct.1, up from a revised 11.311 million tonnes in the week before, data showed.
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||
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Anti-GM crop petition tops million signatures More than one million signatures have been gathered in a legal bid to "freeze" GM crop cultivation in the European Union, but a Brussels official said the complaint would be passed to "political" advisers.
|
||
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Emirates Business Council opens in Budapest The United Arab Emirates (UAE) has opened an office in Hungary to support investments and closer economic cooperation between the two countries. The Emirates Business Council (EBC) will provide consulting services on opportunities in the region free of charge for big companies and SMEs alike, EBC head Ali Sultan Al Haddad (on the photo) said in Budapest.
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||
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EU eyes Asia trade pacts after landmark Sth Korea deal The European Union sealed a free trade deal with South Korea, hailing it as a landmark agreement that will kickstart a wave of pacts between the 27-nation bloc and Asian nations.
|
||
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Iraq says it bought only 50.000 T wheat in tender Iraq bought only 50.000 tonnes of wheat from the United States in a Sept. 20 tender, the director general of Iraq's grains trading company said, not a total of 250.000 tonnes as another official said last week.
|
||
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Iraq issues tender for 100.000 tonnes of wheat -ad Iraq's Grain Board issued a new tender to buy 100.000 tonnes of wheat from any origin, according to a advertisement published in a newspaper.
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||
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PM calls economy minister his "right hand" "Gyorgy Matolcsy is my right hand," Prime Minister Viktor Orban said, answering a question about speculation the National Economy Minister could be sacked.
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Hungary to submit renewable energy action plan to Brussels soon The National Development Ministry will soon send Hungary's renewable energy action plan, for which the European Commission has been waiting, to Brussels, the ministry said.
|
||
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S.Africa weekly white maize exports rise to 10.062 T South Africa exported 10.062tonnes of white maize last week compared with 6.400 tonnes in the previous week, the South African Grain Information Service (SAGIS) said.
|
||
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Tourism unaffected by industrial disaster An industrial disaster near Ajka (NW Hungary) does not endanger Hungary's major areas of tourism in any way at the moment, the National Catastrophe Protection Directorate said, at the request of state tourism agency Magyar Turizmus.
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||
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UK 2010 wheat harvest up 5 pct on year-farm min The UK's 2010 wheat harvest is estimated at 14,8 million tonnes, up 5 percent on the year, Britain's farm ministry reported.
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||
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Farmers see stock of laying hens falling The number of laying hens in Hungary has dropped dramatically since the country joined the European Union, and it could fall even further from 2012, when many poultry farmers will have to change the way they raise their livestock to meet stricter EU rules, industry insiders said at an event to mark World Egg Day.
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Hungary has second-highest ratio of cropland in EU Cropland accounts for 47pc of Hungary's area, the second-highest proportion among European Union member states, data published by Eurostat.
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||
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Communicating Agricultural Policy: € 3,25 million available for information projects The European Commission has launched a call for proposal for information measures related to the Common Agricultural Policy.
|
||
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Increase in the EU support for the beekeeping sector The Commission approved the national programmes of the 27 Member States to improve the production and marketing of apiculture products for the period 2011-2013. The EU contribution to the financing of the programmes has increased by almost 25pc compared to the previous period (2008-2010), from € 26 million to € 32 million per year.
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||
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Ten Member States allowed to advance direct payments to farmers The Management Committee for Direct Payments backed unanimously Commission proposals to allow 10 Member States to pay to farmers up to 50pc of direct payments for 2010 from 16 October onwards instead of from 1 December 2010.
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||
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Adoption of a draft agreement between the EU and Morocco in the agri-food and fisheries sector The European Commission has today adopted a draft decision on a EU-Morocco bilateral trade agreement for agri-food and fisheries products.
|
||
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Commission publishes 2009 Agricultural Financial Reports In September of each year, the European Commission draws up a financial report on the administration of the European Agricultural Guarantee Fund (EAGF) and of the European Agricultural Fund for Rural Development (EAFRD) during the previous financial year and submits it to the European Parliament and the Council.
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Kelet-Europai Bioenergetikai inaugurates HUF 200m pellet plant Kelet-Europai Bioenergetikai inaugurated a HUF 200m pellet plant in Tuzser (NE Hungary).
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EU farm ministers to meet in Debrecen next May European Union farm ministers will hold an informal meeting in Debrecen (E Hungary) on May 29-31, 2011, during the time Hungary holds the revolving EU presidency, Rural Development Minister Sandor Fazekas said on.
|
||
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Hungary general government deficit 6.2pc of GDP in Q2 Hungary ran an ESA95 general government deficit of HUF 413bn or 6,2pc of the quarter's GDP in Q2 2010, up HUF 182bn or 2,6 percentage points of GDP from the same period of 2009, the Central Statistics Office (KSH) said based on national account statistics.
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||
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Lowest bid in Tunisia wheat tender $318,69/T C&F The lowest offer for soft wheat in a tender from Tunisia's state grains agency was at $318,69 a tonne, including cost and freight, European traders said. The lowest bid was for 25.000 or 50.000 tonnes of optional-origin soft wheat for shipment in Dec. 10-20, they said.
|
||
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EU cleared 1,03 mln tonnes wheat exports this week The European Union this week granted export licences for 1,03 million tonnes of soft wheat, taking the total since the beginning of the 2010/11 (July-June) season to 6,35 million tonnes, official data showed.
|
||
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Egypt to lease at least 200.000 acres of farms-gvt Egypt will lease at least 200.000 acres of farmland this year for agri-business projects in North Sinai, the North Coast and Upper Egypt, the agriculture minister said.
|
||
 |
S.Africa maize deliveries rise to 11,31 mln T Maize deliveries to SouthAfrican silos rose to 11,31 million tonnes in the week to Sept. 24, up from a revised 11.272 million tonnes in the week before, data showed.
|
||
 |
Auchan Magyarorszag sales pick up in September The Hungarian unit of French supermarket chain Auchan had "very bad turnover" in January-May, but sales were up 3.7-3.9pc in September from the same month a year earlier, Auchan Magyarorszag managing director Jean-Paul Filliat said.
|
||
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Algeria grain harvest is 4.56 mln T -agmin data Algeria's grain harvest thisyear amounted to 4.56 million tonnes, final figures released by the Agriculture Ministry.
|
||
 |
Agribusiness debt grew by more than HUF 1bn yr/yr in H1 The total debt of agribusinesses in Hungary grew by HUF 1,2bn to the end of June 2010 from June of last year as a result of a weaker forint.
|
||
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Two new Pullman hotels signed for Vietnam Accor, the largest international hotel operator in Vietnam, announces today two new developments for the Pullman hotel brand for the country - Pullman Danang Beach and Pullman Hai Phong Flamboyant Island Resort - the AGRIBUSINESS.HU was inormed by Accor.
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||
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S.Africa weekly yellow maize exports rise to 94.235 T South Africa exported 94.235 tonnes of yellow maize last week compared with 5.317 tonnes in the previous week, the South African Grain Information Service (SAGIS) said.
|
||
 |
Hungary jobless rate unchanged at 11,0pc in June-August Hungary's average unemployment rate was 11,0pc in the 15-74 age group in June-August, unchanged from May-July, although still up 1,1 percentage points from a year earlier, the Central Statistics Office (KSH) said.
|
||
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Ukraine to cut 2011 winter grain sowing area Ukraine, hit by drought, is likely to reduce the area sown to 2011 winter grain crops to 8,30-8,35 million hectares from 8.695 million sown to the 2010 harvest, analyst UkrAgroConsult said.
|
||
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Rules for displaying best-by dates to change from end-2011 Hungarian food companies will be required to use the "day/month/year" order common in all European Union members to display best-by dates on products from the end of 2011, the Rural Development Ministry said.
|
||
 |
Ukrainian govt to look at grain export curbs-PM The Ukrainian government will next week consider whether to introduce restrictions on grain exports, Prime Minister Mykola Azarov said.
|
||
 |
Milk, dairy product prices set to rise in November The price of milk and dairy products in Hungary could rise from November 1 because of growing demand for milk on the spot market, managing director of dairy company ATEB Tibor Melykuti said.
|
||
 |
Ministry raises reference prices for 2010 crop The government has set "reference prices" - the price at which farmers may apply for compensation - for both this year's wheat and maize crop at HUF 38.000 a tonne, the Rural Development Ministry said on its website.
|
||
 |
Exporters sell US corn to Japan for 2010/11 - USDA Private exporters reported the sale of 108.712 tonnes of U.S. corn to Japan for delivery during the 2010/11 marketing year, the U.S. Agriculture Department said.
|
||
 |
Farm ministry proposes VAT reduction on staples, grains The Ministry of Rural Development is proposing a reduction on staples and grain, state secretary Endre Kardevan said at an event organised by agribusiness Baki Agrocenturm.
|
||
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Matolcsy-flat tax-family tax Hungary gov't to introduce flat-rate family tax on Jan 1, Economy Minister says.
|
||
 |
Regulation stipulating tax-free distillation of palinka takes effect The government's regulation stipulating that households may distill up to 50 liters of palinka fruit-brandy with an alcohol conten of 86pc tax-free per year will go into effect on Monday, Hungary's Customs and Finance Guard (VPOP) affirmed.
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||
 |
Animal Feeds Act to be enforced in Malaysia The Animal Feeds Act 2009, aimed at ensuring quality and contamination-free safe animal feeds, will be enforced next year, said Malaysia’s Deputy Agriculture and Agro-based Industry Minister Chua Tee Yong.
|
||
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Archabbey builds mineral water bottling plant Hungary's Pannonhalma Archabbey laid the cornerstone of an HUF 80m mineral water bottling plant in nearby Ravazd (W Hungary).
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||
 |
Roma business association building HUF 1bn rabbit meat plant with partners Roma business association Verosz laid the cornerstone of a HUF 1bn rabbit meat processing plant in Sonkad (NE Hungary) it is building with two foreign investors.
|
||
 |
Asian Food lays cornerstone of HUF 1,5bn frozen food plant in H French-owned Asian Food laid the cornerstone of a HUF 1,5bn frozen food plant in Verpelet (E Hungary).
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Nyir-Mezogep starts HUF 550m expansion, renovation Nyir-Mezogep, which makes production line equipment for the metal, paper and cement industries, has started building a new production hall and renovating an existing facility at its base in Nyiregyhaza (E Hungary), managing director Janos Donka said.
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Trend monitor: Optimism among Europe’s farmers The economic environment and outlook for Europe’s farmers has improved. A research into farmers’ current situations and their expected business developments showed that both in Eastern and in Western Europe, positive thinking is key.
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Saudi firms buy last Ukrainian barley A group of leading Saudi importers has purchased 360.000 tonnes of optional origin barley for October shipment and another 265.000 tonnes of Ukrainian origin for September shipment, trade sources said.
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Farmers to receive HUF 117,5bn in advance EU farm subsidies Hungarian farmers will receive a combined HUF 117,5bn in advance direct EU farm subsidies beginning on October 16, Rural Development Minister Sandor Fazekas (on the photo) said.
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Swiss UFA invests in organic feed Since its move to the new mill in Biblis Swiss feed manufacturer UFA has converted its old enterprise in Hofmatt to an organic feed mill. The company invested 2 million Swiss francs (€1,52m) in renovating the old mill.
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Maize yield rises to almost 7 tonnes/hectare in 2010 The average yield of maize grown in Hungary this year was almost 7 tonnes per hectare, state secretary of the Ministry of Rural Development Gyorgy Czervan (on the photo) said. The yield was up from 6,4 tonnes in 2009, data from the Central Statistics Office (KSH) show.
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EU farm ministers agree on need for strong agriculture policy European Union farm ministers agree that the union needs a strong agriculture policy, Rural Development Minister Sandor Fazekas (on the photo) said after a summit in Brussels.
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Research: Wheat DDGS in weaned pigs A combined Canadian/Mexican team studied the effect of feeding wheat distillers dried grain with solubles on growth performance and nutrient digestibility in weaned pigs.
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Hungary 2010 cereal harvest down 12,1pc from previous year Hungarian farmers harvested 5.299m tonnes of cereals in 2009, 12,1pc less than a year earlier, the Central Statistical Office (KSH) said.
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Soybeans grow well in high CO2 levels Crops responded positively to future levels of atmospheric carbon dioxide (CO2), but soil tillage practices had little effect on this response, according to a U.S. Department of Agriculture (USDA) study.
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State budget execution January-August 2010 The monthly trajectory of the deficit reduction continues to outpace the Economic Policy Program projections - the AGRIBUSINESS.HU was inormed by the Hellenic Republic Ministry of Finance.
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Central bank proposes rules to make loan pricing more transparent The National Bank of Hungarysaid it proposed the introduction of regulations that would made the pricing of retail loans more transparent.
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Chinese investors acquire Szolnok hotel Chinese investors have purchased a landmark hotel in need of a facelift in the Hungarian city of Szolnok, Aron Tota, a lawyer for the investors said.
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BioAnalyt iCheck Sudan used to improve egg safety in China DSM Nutritional Products and BioAnalyt are launching the iCheck Sudan technology in China.
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AFGRI South Africa Investments to the value of R56-million (€6m) in acquisitions and technologies have been made by agricultural services group Afgri in its animal feeds division over the past year as part of its key strategic initiative to expand capacity and grow interest in the local foods sector.
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Competition Office clears Natura Margarin Hungary's Competition Office (GVH) said it approved the purchase of Royal Brinkers Hungary's margarine production and trade capacity by Natura Margarin.
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Imported UK food and feed sampling activity published The British Food Standard Agency has published the results of sampling and surveillance, during 2009/10 of food and feed imported into the UK. The Agency provides support for local authorities and port health authorities to carry out this sampling.
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Hungarian farmers earn more from foie gras Hungarian famers produced about 35.000 tonnes of goose meat in 2009, down from 43.000 in 2008, but revenue from goose liver exports rose sharply, Peter Foldi of the Poultry Products Council said.
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Tapping into corn's tropical diversity US Department of Agriculture (USDA) scientists are tapping into the genetic diversity of corn from the tropics to improve varieties grown in the United States and other temperate regions.
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US enzymes demand to increase 5,1pc annually Demand for enzymes in the US is forecast to rise more than 5pc annually to $2,7 billion in 2014. Solid industry growth in recent years has been founded upon advances in higher-value, specialty enzymes used in applications such as pharmaceuticals, research and biotechnology, and biocatalysts, as well as the emerging biofuels market.
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Co-op Hungary sees revenue flat at HUF 510bn in 2010 Hungarian-owned supermarket chain Co-op Hungary expects to close 2010 with revenue of about HUF 510bn, level with last year's turnover, CEO Laszlo Muranyi (on the photo) said.
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Cargill to re-build animal feed plant in US Cargill will rebuild its feed mill in Chambersburg, Pennsylvania that was destroyed by a fire on Feb. 12, 2010. The mill, known as the Letterkenny Feed Depot, was burned to the ground. According to Cargill officials, the rebuild will include many upgrades to the mill's capabilities.
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Reliadens on-line density sampling for fish feed Modern Process Equipment (MPE) has announced the introduction of the Reliadens Automated On-Line Density Sampling system, now utilizing Allen-Bradley PLC technology.
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EU Agriculture commissioner promises action on bio farming EU Agriculture Commissioner Dacian Ciolos promised specific action for organic farming and direct selling, while attending a fair in western France.
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Hungary "had to introduce bank tax" Hungary had no choice but to create a bank tax in order to reduce its budget deficit, a senior official said. "Without the bank tax it is impossible to keep the budget deficit below 3,8 percent (of Gross Domestic Product) in 2010 and under 3,0 percent in 2011," Mihaly Varga (on the photo), state secretary in the prime minister's office said.
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Commissioner Barnier from the Basel Committee Statement by Commissioner Barnier on the agreement reached by the Basel Committee on capital requirements for the banking sector.
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EU nearly doubles eurozone growth forecast Europe nearly doubled its growth forecast to at least 1,7 percent for 2010, highlighting recovery in Germany but warning about rising strains in Ireland's banking system.
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Cargill continues trade with questionable palm oil supplier US largest food group, Cargill, refuses to stop buying palm oil from Indonesian Sinar Mas group, which is accused of illegal deforestation. Burger King joins Nestle and others in criticising these illegal activities.
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EU opens online registration of feed materials Feed operators in Europe now have the option to register a new feed material online in the feed materials register.
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The Greek deficit reduction in first eight months Deficit reduction is fully on target. The 32,2 percent reduction in the deficit from January to August exceeds the 26,5 percent target in the programme for the same period - the AGRIBUSINESS.HU was inormed by the Hellenic Republic Ministry of Finance.
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Zala County wins HUF 705m in funding for Lake Balaton tourism development Zala County (E Hungary) has won HUF 705m in European Union-supported funding for development of tourism at the southwestern end of Lake Balaton located in the county.
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Fifty years for the Special Committee on Agriculture On 9 September 2010, the Special Committee on Agriculture (SCA) of the Council celebrated its 50th anniversary - press release sent to the AGRIBUSINESS.HU by the Council of the European Union.
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Gov't of Greece encouraged the National Bank Finance Minister's George Papaconstantinou’s (on the photo) statement concerning the announcements made by the National Bank of Greece - press release sent to the AGRIBUSINESS.HU by the Hellenic Republic Ministry of Finance.
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Univer Product revenue drops in H1, though profit better than expected Hungarian food company Univer Product Zrt's revenue dropped 3pc-4pc yr/yr in the first half of 2010, though the company posted better-than-expected profit during the period, Univer Product Sales and Marketing Director Lidia Marosfi informed.
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Hungary does not wish to enter into a new loan agreement with the IMF Hungary does not wish to enter into a new loan agreement with the IMF or the EU, and said fixing an eurozone entry date is not on the agenda national economy minister Gyorgy Matolcsy said.
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Feed suspected source of US salmonella outbreak Authorities in the USA have discovered what they believe is the source of salmonella which infected chickens in Iowa leading to the recall of half-a-billion eggs and over 1.300 illnesses.
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Hungary government decides to have deficit of less than 3pc in 2011 Hungary will target a general government deficit below 3pc of the GDP next year under a decision taken by the government on Wednesday, national economy minister Gyorgy Matolcsy said at a press conference.
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Heineken Hungaria expects revenue to drop over 4pc in 2010 Heineken Hungaria, the Hungarian unit of Amsterdam-based brewing company Heineken, expects the unit's revenue to decline by 4,25pc yr/yr to HUF 45bn in 2010, Heineken Hungaria Sales Manager Laszlo Benedek said.
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Hungexpo to return to growth next year Exhibition organiser Hungexpo hopes to become profitable again in 2011 after a 16pc decline in revenues in 2009 is projected to slow to under 10pc this year, CEO Gabor Ganczer said.
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German farm ministry sees 12pc grain crop fall Germany's 2010 grain crop is likely to fall by 12percent on the year to around 43,8 million tonnes following adverse weather, Germany's agriculture ministry said.
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MNV approves support to renovation of Grassalkovich Palace The Hungarian National Asset Management Company (MNV) announced Tuesday it approved HUF 900m in support to the second phase of the expansion of the Grassalkovich Palace in Godollo.
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State secretary estimates agricultural flood damage of at least HUF 150bn Ministry of Rural Development State Secretary Gyorgy Czervan said that heavy rains and flooding had caused damage of at least HUF 200bn in Hungary, of which HUF 150bn hit the country's agricultural sector.
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Singapore destroys contaminated eggs Millions of eggs worth some $700.000 (€404.000) were destroyed during the suspension of N & N Agriculture Farm's products after the detection of antibiotic residues in their eggs.
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Magyar Cukor aims to process record amount of sugar beets Magyar Cukor announced Tuesday that it targets production of 120.000 tonnes of sugar from a record-high 800.000-850.000 tonnes of sugar beets at its refinery in Kaposvar (SW Hungary).
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Hungary grape harvest estimated to be 20-25pc less than last year Hungary's grape harvest is estimated to be around 400.000 tonnes, 20-25pc less in 2010 than it was in 2009, thereby reducing the amount of wine expected to be produced to less than 3m hectolitres, General Secretary Csaba Horvath of national wine-growers association HNT said.
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House brands generate turnover of HUF 165bn in H1 Food-retail chains generated turnover of HUF 165bn in H1 2010 from sales of house-brand products, down 2pc from the same period in 2009, market researcher Nielsen said. The share of house brands stilll rose as total turnover declined more than that of house brands did.
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Liquidation procedures up 19,2pc yr/yr in first eight months of 2010 Liquidation procedures were initiated against 11.512 companies in Hungary during the first eight months of 2010, up 19,2pc yr/yr, information compiled by Opten shows.
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Canada's Linamar raises stake further in Hungarian unit Canada's Linamar Corporation, raised its stake in its majority-owned Hungarian unit, the farm-machinery manufacturer and automotive-industry supplier Linamar Hungary, to 8.518.222 or 99,28p through buying an additional 4.377 shares on the Budapest Stock Exchange on September 2 and 3, the Hungarian company said.
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New online tool to register notified feed ingredients Representatives of the EU feed business sectors have developed an online tool to register notified feed ingredients.
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Bad weather to cut Tokaj crop by nearly one-third Bad weather is expected to reduce the crop in Hungary's famous Tokaj wine region by 30pc to 250m kilogrammes, Istvan Kiss (on the photo), who heads state-owned wine maker Tokaj Kereskedohaz, said.
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Hungarian feed company Vitafort carries out USD 9m of investments in Laos Hungary's Vitafort is building three feed mix plants and other investments worth a combined USD 9m in Laos, CEO Zoltan Kulik said.
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Finland cuts 2010 harvest fcast due to drought Finland cut its forecast forthe 2010 harvest due to the drought that has plagued a number of European countries, and said its grain harvest would be the smallest in a decade.
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Brazil's and Philippines sees 2010/11 sugar output Due to dry weather, Brazil's 2010/11 cane crop is expected to put out 38,15 million tonnes of sugar, slightly down from the 38,7 million tonnes forecast in April, the government's crop supply agency Conab.
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Russia grain ban in place 'til next yr's harvest-PM Russia can only consider lifting its grain export ban after next year's harvest has been collected, Prime Minister Vladimir Putin said.
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Turkey grain office to sell 334.000 T wheat Turkey's state grain office TMO said it would put on sale a total of 334.000 tonnes of wheat including 255.300 tonnes of milling wheat and 78.700 tonnes of durum wheat.
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Ukraine raises wheat exports in Aug despite curbs Ukraine's wheat exports rose to 430.000 tonnes in August from 225.000 tonnes in July despite informal export limits introduced by the Ukrainian Customs Service, analyst UkrAgroConsult said.
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Hungary needs to convince Commission extension of farmland ban is necessary Hungary will have to convince the European Commission that an extension of the country's ban on purchases of farmland by foreigners is necessary to prevent serious disturbances in the agriculture sector, Commission spokesman Roger Waite (on the photo) said.
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Pick Szeged starts producing Herz salami Pick Szeged has resumed production of Herz salami products six months after Hungary's competition office GVH approved Bonafarm Zrt's takeover of the Herz Salami Factory.
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Gov't to apply for extension of land-purchase moratorium The government approved on Wednesday the detailed proposal to the European Union for a three-year extension of the land-purchase moratorium due to expire on April 30, 2111, Minister of Rural Development Sandor Fazekas said.
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CAP: Call for tenders on agricultural markets, freight and trade The European Commission has launched a call for tenders divided into five lots in order to conclude framework contracts for the purchase of data and information on agricultural markets, freight and trade.
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Euro unemployment rate stuck at 10 per cent The unemployment rate across the 16 countries which share the euro stuck at a record 10 percent in July for the fifth month running, European Union data showed.
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Margin narrows nearly halving Fevita profit Hungarian frozen food company Szekesfehervari Hutoipari (Fevita) had net income of HUF 111m in the first half, down 45pc because of a narrowing margin, the company's Hungarian Accounting Standards report for the period published.
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Russia gross grain crop down on year due to drought Russia harvested 43 million tonnes of grain by bunker weight by Aug. 31, from some 60 percent of the area left for harvesting after a severe drought, the Agriculture Ministry said.
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Hungary could start meat exports to Vietnam in weeks Hungary is expected to become the third European Union member that can export meat to Vietnam, state secretary in charge of farm affairs at the Rural Development Ministry Gyorgy Czervan (on the photo) said, after returning from a trip Vietnam and Laos.
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Europe puts cork in Australian 'Champagne' Australian wine-makers will no longer be permitted to use established names such as Champagne, Port or Sherry for their products under an agreement with Europe which comes into force on Wednesday.
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New head named for national land manager Robert Sebestyen has been named to head Hungary's National Land Management Organisation (NFA) from September 1, Rural Development Minister Sandor Fazekas said.
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No bidders in Morocco tender for U.S. wheat-traders Morocco's tender for the import of 140.000 tonnes of durum wheat from the United States failed to attract bidders, mainly because of import tariffs, local traders said.
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New head named for farm product marketing agency Peter Simon has been named head of Hungary's state farm product marketing agency Agrarmarketing Centrum (AMC), the Rural Development Ministry's press department confirmed.
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Spar to spend HUF 6bn on renovation and remodeling Plus stores Spar Magyarorszag Kereskedelmi Kft., part of the international Spar group, will spend HUF 6bn this year on the renovation of its stores and remodeling the former Plus stores it acquired from Tengelman in 2008, the company said.
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AB Vista appoints Nicola Walker to technical team AB Vista has strengthened its technical team with the appointment of Nicola Walker, former Head Research Scientist at Lallemand Animal Nutrition North America.
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Hungary retail food market contracts Retail sales turnover of Fast Moving Consumer Goods (FMCG) declined 3pc yr/yr in Hungary in the second quarter in both volume and value terms, data compiled by market research company Nielsen shows.
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Pakistan likely to cancel wheat export plans Pakistan is likely to cancelplans to export 2 million tonnes of surplus wheat in the wake of devastating floods, two food ministry officials said.
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China 2010/11 corn imports to fall to 600.000 tonnes China's corn imports in the 2010/11 crop year starting in October are projected to fall to 600.000 tonnes from about 1 million tonnes last year due to rising local supplies, a government think tank said.
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Russia may import 6 mln T grain in 2010/11 Russia, the world's former No.3 wheat exporter, may need to import up to six million tonnes of grain in the current 2010/11 crop year to compensate for a severe drought, a leading Russian analyst said.
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Credit Agricole sets up cash-management centre in Budapest Credit Agricole Corporate and Investment Bank set up a centre for its corporate cash management division for Central and Eastern Europe in Budapest.
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Pannonhalma Archabbey wins HUF 600m in tourism development funding The Benedictine Archabbey of Pannonhalma (NW Hungary) has won HUF 600m in tourism development funding from the New Hungary Development Plan's Regional Operative Programme, Archabbot Asztrik Varszegi said as the funding contract was signed.
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Iraq says buys 310,000 T of rice Iraq has bought 310.000 tonnes of rice from the United States, Vietnam and Thailand, Muthanna Jabbar, the head of Iraq's grain board said.
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Russia gross grain crop 31 pct down on year Russia harvested 41,5 million tonnes of grain by bunker weight by Aug. 25, 31 percent down from a year ago because of a severe drought that hit many key grain growing regions, the Agriculture Ministry said.
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Kazakhstan to buy domestic wheat to curb inflation Kazakhstan plans to buy more than 2 million tonnes of grain from local farmers this year to guard against inflation after a spike in world prices following Russia's worst heatwave on record, officials said.
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Hungary economy ministry sees no need for new IMF loan agreement Hungary does not need a new agreement with the International Monetary Fund, therefore such an agreement is not the aim of the talks planned with the IMF for the autumn, the National Economy Ministry said.
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Bioenergy-Miskolc Szolgaltato to build HUF 780m biomass power-plant Bioenergy-Miskolc Szolgaltato Kft plans to build a HUF 780m biomass power-plant in Miskolc (NE Hungary), company CEO Imre Mehn (on the photo) announced.
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Glencore Grain loses trading rights on Budapest Bourse The CEO of the Budapest Stock Exchange (BSE) has eliminated the section membership as well as the trading rights of Glencore Grain Hungary in the commodity section of the Budapest bourse as of September 2, the BSE announced.
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Egypt's GASC buys 240.000 T French, Canadian wheat Egypt's main government wheat buyer said it had bought 240.000 tonnes of French and Canadian wheat for Oct. 1-10 shipment on a free on board basis.
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Farmer Expo opens in Debrecen The 19th International Agriculture and Food Industry Exhibition opened at the University of Debrecen (E Hungary) with the participation of 300 Hungarian and foreign exhibitors.
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Romania supports Hungary bid to extend moratorium on farmland Romania supports Hungary's bid to extend its ban on purchases of farmland by foreigners, rural development minister Sandor Fazekas said after a meeting with his Finnish counterpart Mihail Dumitru (on the photo).
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Pig farms increase antibiotic resistance Researchers have linked tetracycline resistance in bacteria with levels of the antibiotic in soil near Chinese pig farms.
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Economy minister to represent Hungary at IMF Hungary's National Economy Minister will represent Hungary at the International Monetary Fund (IMF) in the future, the National Economy Ministry said in a statement late.
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Papai Hus 1913 projects 11pc-12pc rise in revenue this year Hungarian meat company Papai Hus 1913 projects an 11pc-12pc yr/yr rise in revenue to around HUF 19bn (EUR 66.86m) in 2010, the business daily Napi Gazdasag reported.
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Cornerstone laid for EUR 120m bioethanol plant in Central Hungary Pannon Ethanol has laid the cornerstone for a EUR 120m investment to build a bioethanol plant in Dunafoldvar, Central Hungary; the plant is to start operating at the end of next year.
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Agrana Juice Magyarorszag to buy 200,000 tonnes of apples Austrian-owned Agrana Juice Magyarorszag plans to buy about 200,000 tonnes of apples from Hungarian farmers this season, managing director Zoltan Szigeti said.
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Russian ban pushes barley prices up Feed barley prices, along with the price of other grains, have spiked as a result of Russia's ban on wheat exports.
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Growing maize in Spain becoming unpopular The current maize crop in Spain is forecasted to fall by 8 pc. Farmers have long been predicting a decline, however, because they planted 6,5 pc less land to maize this spring due to low prices.
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One-third of fruit and vegetable crops lost due to bad weather One-third of this year's fruit and vegetable harvest has been lost in Hungary due to adverse weather conditions, with losses of up to 80pc in the case of certain crops, head of Hungary's Fruit and Vegetable Council (FruitVeb) Jozsef Szabo said.
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Hungarians' taste turns to red wine in plastic bottles Sales of red wine rose 15pc in 2009 from a year earlier while white wine sales stagnated, a survey by market research company GfK Hungaria shows.
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New feed mill for Fiji Research Station A new $827,000 feed mill had its foundation laying ceremony last week at the Koronivia Research Station (Fiji Islands) by the Permanent Secretary for Agriculture, Mason Smith.
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Hungary hosts First Sustainable Food Chain World Summit The First Sustainable Food Chain World Summit, a meeting of professionals in the fields of medical and veterinary sciences, chemistry, biology, food and agricultural engineering, and public health, started in Budapest.
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Egypt replaced most wheat hit by Russia ban-minister Egypt has already replaced most of the wheat it was unable to buy because top supplier Russia imposed an export ban, Trade Minister Rachid Mohamed Rachid said. "We have already replaced most of the quantities that were contracted with Russia...
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Euronext wheat pushed lower by Chicago slide European milling wheat futures fell sharply in opening trade as the market reacted to a slide in Chicago in the previous session when a forecast for rain in drought-hit Russia encouraged selling.
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Farm association puts wheat harvest at 3.2m tonnes Hungary's wheat harvest reached 3.2m tonnes in 2010, Ferenc Obreczan, chief secretary of farm association Magosz said.
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Frozen food company Fevita revenue up 11pc in H1 Szekesfehervari Hutoipari (Fevita), which controls more than one-fifth of Hungary's frozen food market, had revenue of HUF 2.72bn in the first half, up 11pc from the same period a year earlier, deputy-CEO Laszlo Kuthy said.
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Hungarian farm-gate prices drop 0.6pc in June Farm gate prices in Hungary fell 0.6pc yr/yr in June after also dropping 0.6pc in May and falling 5.7pc in April.
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Hungarian agribusiness inaugurates HUF 1bn biogas plant Hungarian agribusiness Pannonia Mezogazdasagi on Friday inaugurated a HUF 1bn biogas plant at its base in Bonyhad (SW Hungary).
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Meat industry SMEs aim to boost market share Husceh, a professional association of more than 30 Hungarian small- and medium-size meat industry companies, wants to boost domestic market share of its members by 5-7 percentage points from 25pc within two years, Husceh chairman Zoltan Babati said.
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Hungary wheat harvest drops but maize harvest steady Hungary's wheat harvest is likely to be 3.7m tonnes in 2010, down 16pc from a year earlier, while the maize harvest is estimated to reach 7.4m tonnes, the Ministry of Rural Development said.
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Extreme weather won't affect crop output: JRC report The European Commission says cereal production in 2010 will be close to the average recorded since 2005.
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||
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Restructuring could put sausage maker Gyulai in black Gyulai Huskombinat, one of Hungary's oldest and most famous sausage makers, could break even for the first time in ten years this year thanks to restructuring, CEO of owner HAGE-Nagisz Janos Ruck said.
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New media authority head promises fast, firm restructuring The head of Hungary's newly-merged telecom and media authority said that she planned fast and well-defined restructuring in the sector.
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Gov't to start unified inventory of national assets from 2011 The government wants to start operating a unified, integrated inventory of national assets from 2012, government spokesperson Anna Nagy said after a cabinet meeting.
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Online mycotoxins short course KnowMycotoxins.com has launched a new page featuring a Mycotoxin Short Course with video lectures addressing key challenges related to identifying and dealing with mycotoxins.
|
||
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Gov't reviews merger of investment, farm and tourism agencies The National Economy Ministry is reviewing a possible merger of the state investment, farm product marketing and tourism agencies, the ministry said, confirming a press report.
|
||
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Philippine feed production in downward trend Feed millers in the Philippines have revised their output projection for this year, saying animal feeds would go down by 23 percent to 5 million metric tonnes (MT) from 6.5 million MT.
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||
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Naki Mezogazdasagi spends HUF 1bn to boost capacity at hog farm Agribusiness Naki Mezogazdasagi is spending more than HUF 1bn on investments this year to boost its hog capacity from 1,700 to 2,500 tonnes, CEO Gyula Soltesz said.
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Cargill buys and sells operations Cargill is enhancing its grain handling presence in Canada and Hungary and divests its liquid vitamin business in the US.
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||
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Wheat price soar after Russian export Russian Prime Minister tried to ease growing fears of food shortages due to drought driven harvest failures by banning exports of the grain. Wheat prices went up to two year highs.
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||
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Fires in Eastern Europe heat up wheat prices Wheat prices in Europe have rocketed over the past month in what has been their steepest one month climb for three decades.
|
||
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Alltech president introduces new malt whiskey on his birthday Alltech founder Pearse Lyons celebrated his 66th birthday in a big way this week by unveiling his own malt whiskey — Pearse Lyons Reserve.
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||
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Global dairy leaders meet for third time In what has quickly emerged as a premier forum for global dairy leaders, the third Global Dairy 500 will be held in Lexington, Kentucky, November 1-4, 2010.
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||
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S.Africa maize deliveries rise to 9.352 mln T Maize deliveries to South African silos rose to 9.352 million tonnes in the week to July 30, up from a revised 8.728 million tonnes in the week before, data showed.
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||
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Ukraine harvest will top 40 mln tonnes Ukraine's total grain harvest this year is expected to be more than 40 million tonnes, a senior government minister said.
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||
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Russia drought may hit 2011 world wheat supply-FAO World wheat supplies may shrink next year if severe drought in Russia continues, the UN's food agency said cutting its 2010 global wheat forecast to 651 million tonnes from an earlier view of 676 million.
|
||
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Eurozone growth indicator rises, but gaps remain: survey A leading indicator of economic activity, the purchasing managers' index for the 16-nation eurozone, accelerated for the first time in three months in July, final data showed.
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Hungarian tobacco crop seen falling 20-30pc Bad weather is likely to cut Hungary's tobacco harvest this year by 20-30pc, head of the Hungarian Tobacco Producers Association Illes Benyei said.
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||
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Russian grain crop down on year as drought advances Russia harvested 35.4 million tonnes of grain by bunker weight by Aug. 3, 0.4 million tonnes less than a year ago, as the harvesting campaign moved to drought-hit regions, the Agriculture Ministry said.
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Wheat harvest totals 3.5m tonnes Harvest has been completed on 92pc of the 1m-hectare sowing area for autumn wheat, with a total of 3.5m tonnes of wheat harvested or almost 20pc less than last year.
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Euronext drops 2 pct after surge on Russia drought Benchmark European wheat futuresfell sharply in opening trade on Tuesday, in line with a pullback in U.S. prices, as wheat markets gave up some of their strong gains linked to a severe drought in Russia.
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Palinka' news from Hungary Mecseki Elektronika, a company set up by a Slovenian and two German businesses, is planning to manufacture equipment and parts for palinka distillation at in a HUF 600m plant in South Hungary, business daily Napi Gazdasag said.
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||
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Hungary's 2010 wheat crop seen at 3.5 mln T Hungary's 2010 wheat crop isseen at 3.5 million tonnes with 92 percent of the harvest completed, about 20 percent below last year's crop, the Ministry of Rural Development said.
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||
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S.Africa weekly white maize exports fall to 9,139 T South Africa exported 9,139 tonnes of white maize last week compared with 30,074 tonnes in the previous week, the South African Grain Information Service (SAGIS) said.
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||
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Weaker 2010 EU rapeseed crop to spur palm, soy imports The European Union is expected to harvest a sharply lower rapeseed crop in 2010, creating tighter supplies for crushing and spurring more imports of other vegetable oils, a top analyst said.
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Euronext wheat opens at new high on Russia drought Benchmark November milling wheat on Euronext surged to a fresh contract high in opening trade on Monday, as crop damage from a drought in major exporter Russia continued to fuel grain markets.
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Russia lobby group cuts grain crop, exports forecast The Russian Grain Union cut its 2010 grain crop forecast to between 72 million and 78 million tonnes from 81.5 million-85 million tonnes as a severe drought continued to advance in key producing regions.
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Study: Rapeseed oil for fuel and cake for feed The Basque Institute for Agricultural Research and Development in Spain — Neiker-Tecnalia — is investigating the use of rapeseed oil for fuel and the storage capacity of remaining cakes.
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Hungarian farm minister meets with Japanese ambassador Hungarian farm minister Sandor Fazekas met with Japan's ambassador to Hungary Ito Teceu (on the photo) to discuss agricultural exports.
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Hun trade surplus EUR 424m in May, little changed Hungary had a EUR 424m trade surplus in May 2010, the Central Statistics Office (KSH) said, revising the surplus down by a slight EUR 5m from a 1st reading on July 9.
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EU approves six GM maize varieties for import The approval on Wednesday of six GM maize varieties by the European Commission for import into the European Union is a further sign that the bloc desires to speed up EU decisions on genetically modified crops.
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Nutreco reports excellent start for 2010 Global animal feed company Nutreco reported excellent results for the first half of 2010 with a strong increase in operating result (EBITA) to € 84 million.
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Hun financial state stable, effect of suspension of IMF talks only temporary, PM Orban says Hungary's present financial position is stable and predictable, and provides a good basis for the government to continue the restructuring and to kickstart economic growth, Prime Minister Viktor Orban said.
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Harvest of cereal crops, rape seed and sowing peas estimated at 5.5m-6.0m tonnes This year's harvest of cereal crops, rape seed and sowing peas is estimated at 5.5m-6.0m tonnes from around 1.79m hectares, state secretary of the Rural Development Ministry Gyorgy Czervan said.
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Banks promise continued finance to Agribusiness IKR Hungarian agribusiness IKR is expected to continue operations after it received written promise from its creditor banks that they will carry on financing the company, CEO Attila Szaxon said.
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Hungary jobless rate drops second time in one year Hungary's average unemployment rate was 11.1 pc in the 15-74 age group in April-June, down from 11.4pc in March-May although still up from 9.6pc a year earlier, the Central Statistics Office (KSH) said.
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Zwack posts falling profit, revenue in Q1 Zwack Unicum recorded declining profit and revenue in the first quarter of its business year, between April 1 and June 30, 2010, compared to the same period of last year, the company reported.
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Hungarian wine maker starts Tokaj deliveries to Costco State-owned wine maker Tokaj Kereskedohaz will start deliveries of Hungary's famous Tokaj dessert wine to Costco, a big US membership warehouse chain, this week, CEO Istvan Kiss said.
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Agribusiness IKR to decide Wed on bankruptcy protection IKR, one of Hungary's biggest agribusinesses, will decide on Wednesday whether to file for bankruptcy protection, CEO Attila Szaxon (on the photo) said.
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Improved disease prevention in animal health could save billions of dollars Governments could save billions of dollars by stepping up the prevention and control of high impact animal diseases, some of which pose a direct threat to human health, FAO said.
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Ciolos: "I want a strong, efficient and balanced CAP for the future" Closing the Conference on the Public Debate on the CAP post-2013, EU Commissioner for Agriculture and Rural Development, Dacian Ciolos stated: "Strengthened by your points of view, your ideas and the analytical ability of my services, I will come forward in November with a Communication from the European Commission on the future of the CAP.
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Urge not to use tannery waste used in poultry feed Environmentalists in Bangladesh have urged the government to take necessary measures to stop the use of tannery waste in poultry feed to avoid health hazards.
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Animal protein feed restrictions to be eased The European Commission (EC) has proposed allowing the use of animal meal to feed fish, chickens and pigs.
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Better control of reproduction in aquaculture's future Fast-growing farm-raised salmon and trout that are sterile can now be produced using a method developed by Agricultural Research Service (ARS) scientists.
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EU hits animal feed firms with EUR 175m cartel fines European competition watchdogs announced 175 million euros in fines for 13 companies which ran an animal feed phosphates cartel for more than three decades.
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Miskolc district heating company inaugurates HUF 500m biogas plant The Hungarian city of Miskolc's district heating company on Wednesday inaugurated a HUF 500m biogas plant.
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Farming minister conducts talks with EU commissioner The Hungarian government is to confirm its intention with the European Union at the end of this month to apply for an extension of the moratorium on land purchases by foreigners by a further three years, Rural Development Minister Sandor Fazekas (on the picture) told EU Commissioner for Internal Market and Services Michel Barnier in Budapest.
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Hungary's priority is to agree with EU, Orban says Hungary's main objective is to strike an agreement with the European Union on its finances, Prime Minister Viktor Orban told a news conference in Budapest.
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Ukraine cuts 10/11 grain export fcast to 16 mln T Ukraine is likely to cut its grainexports in the 2010/11 season to 16 million tonnes from 21.5 million in 2009/10 due to a smaller harvest in 2010, the presidential press service said in a statement.
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Farmers fear lower yields in German wheat harvest German farmers fear a fall in wheat yields from the 2010 harvest of between 10 to 20 percent on the year, their farmers' association DBV said on Thursday.
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Call for tenders for a study on "Support for farmers' cooperatives" The European Commission has launched a call for tenders for a study entitled "Support for farmers' cooperatives".
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Commission to recover € 265.02 million of CAP expenditure from the Member States A total of € 265.02 million of EU farm money unduly spent by Member States is claimed back as a result of a decision adopted by the European Commission.
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Broccoli, tomatoes in landmark patent case Some 300 people demonstrated outside the European Patent Office in Germany as it chewed over a landmark case involving broccoli and tomatoes that campaigners say is of vital importance.
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Spain slaps multimillion-euro fine on food group for fraud Spain fined leading food group Ebro Puleva nearly 30 million euros (38 million dollars) for fraud in the sugar market, the company said.
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S.Africa's maize crop f'cast seen at 13.36 mln T South Africa's sixth maizeoutput forecast by traders for the 2009/10 season is seen at 13.36 million tonnes in July from 13.52 million tonnes in the previous forecast.
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Agribusiness Mezohegyesi expects HUF 600m loss after storm Hungarian agribusiness Mezohegyesi Menesbirtok expects to rack up a HUF 600m loss in 2010 because of a recent storm, CEO Mihaly Kun said.
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Russia 2010 grain sowings down, sunflower, beet up Russia has sown 43.6 millionhectares with grains for the 2010 harvest, down 4.3 million hectares, or 8.9 percent, year-on-year, the Federal State Statistics Service said on Tuesday, quoting preliminary data.
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EU to fine animal feed cartel EU regulators are set to soon fine an animal-feed cartel for illegal price fixing but will lower the penalties as the firms admitted to breaching EU rules, reports state.
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Hungary to host First Sustainable Food Chain World Summit Hungary will host the First Sustainable Food Chain World Summit on August 17-22, Laszlo Buza, president of the European Food Chain Parliament (Foodlawment), which is organising the event, said.
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McHale spends HUF 250m to expand base in Hungary Irish baler and wrapper maker McHale is spending HUF 250m to expand its production base in the Hungarian city of Szolnok, McHale Hungaria managing director said.
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Tradeland facilitates more than USD 10m of trade between Hungary, China Hungarian trade facilitator Tradeland helped its partners generate USD 9m of exports to China last year, the company said.
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IMF, EU; talks to continue - says economy minister Delegations from the International Monetary Fund (IMF) and the European Commission (EC)acknowledged steps Hungary's new government has taken to raise budget revenue and cut budget spending "in the interest of rectifying earlier mistakes", National Economy Minister Gyorgy Matolcsy said.
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EU Commission postpones conclusion of Hungary review to give gov't more time The European Commission said late Saturday it postponed the conclusion of the fifth review mission under the European Union balance of payments assistance to Hungary.
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"Range of issues remain open", IMF says of talks with gov't The International Monetary Fund (IMF) said late Saturday that "a range of issues remains open" in talks with the Hungarian government on a stand-by arrangement approved at the height of the financial crisis in November 2008.
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Analyst cuts Ukraine '10 grain crop fcast 3.6 pct UkrAgroConsult agriculture consultancy cut Ukraine's grain crop forecast for 2010 to 43.52 million tonnes from the previous estimate of 45.15 million.
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Local council of Eger's winemaker goes under liquidation The local council of Eger, in the centre of one of Hungary's most important wine-growing regions, has called a tender for the sale of troubled winemaker Integralt Borgazdasag, the legal successor of Egervin.
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Aufwind starts building biggest biogas plant in Hungary The Hungarian unit of Germany's Aufwind Neue Energien laid the cornerstone of a HUF 3.9bn biogas plant - the country's biggest - in Szarvas (SE Hungary).
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Hot weather boon for Hungarian brewers Hungarian brewers hope the heat wave the country is suffering will lift sales which fell about 9pc in 2009.
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China sees 2010 wheat output at 115 million tonnes China's total wheat output, including winter and spring wheat, is likely to hit 115 million tonnes this year, said Chen Mengshan, spokesman of the ministry of agriculture.
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21 cargos of US corn to China China, the world's second-largest consumer, may have booked about 21 cargoes, or 1.26 million tonnes, from United States, feed mills, officials said. The volume was larger than figures reported by the U.S Department of Agriculture.
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Hungary wheat harvest seen falling to 3.5m-4m tonnes Hungary's wheat harvest is expected to be between 3.5m and 4m tonnes, state secretary in charge of farm affairs at the Rural Development Ministry Gyorgy Czervan said, after a meeting of the national harvest coordination committee.
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Alfoldi Tej expects flat revenue in 2010 Hungarian dairy company Alfoldi Tej Ertekesito es Beszerzo (ATEB) expects this year's revenue to match the HUF 37bn in 2009, managing director Tibor Melykuti said.
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DuPont Receives USDA approval for high oleic soybeans DuPont received confirmation from the United States Department of Agriculture (USDA) that it's Plenish™ high oleic soybean trait has been approved for cultivation in the United States.
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Grain yields lower-than-expected so far Farmers have so far harvested 27pc of the 1.8m hectares of grain grown in Hungary this year, producing average yields of between 5pc and 20pc lower than those expected for all but oats, the Ministry of Rural Development announced, citing data from the Central Agricultural Office.
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EU seeks to clear way for GM crops European countries will have the freedom to ban or plant genetically modified crops under new rules adopted Tuesday to break a deadlock over the use of the controversial foods in Europe.
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Hungary CPI accelerates slightly to 5.3pc in June Hungary's twelve-month consumer price index was 5.3pc in June, picking up slightly from 5.1pc in May, data published by the Central Statistics Office (KSH).
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Magyar Cukor makes HUF 650m of investments Magyar Cukor, owned by Austria's Agrana, is making investments and renovations worth more than HUF 650m before this year's refining campaign, deputy-CEO Laszlo Hajos said.
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Hungary's vineyards shrink Hungary's vintners grew grapes on 83,555 hectares of vineyards in Hungary in 2009, 9pc less area than in 2001, fresh data from the Central Statistics Office (KSH) shows.
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Hungarian farm gate prices drop 0.6pc in May Farm gate prices in Hungary fell just 0.6pc yr/yr in May after falling 5.7pc in the previous month. Crop prices dropped 0.1pc and livestock and animal product prices were down 1.6pc from May 2009, the Central Statistics Office (KSH) reported.
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Gov't applies for HUF 200bn advance on EU farming subsidies The Ministry for Rural Development (VM) has submitted to the European Commission its application for advance payments on the single area payment scheme (SAPS) subsidies as well as the special dairy producers' subsidies, the ministry said.
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New generation of Sustainable Pegasus® Mixers The twin-shaft Pegasus® Mixer has established its reputation as a veritable workhorse in the product range supplied by Dinnissen Process Technology.
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Hog farm makes HUF 930m investment Pankota-Korogy announced that the company had completed a HUF 930m investment to modernize its hog farm in Fabiansebestyen (SE Hungary).
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DSM to invest in premix facilities in China DSM Nutritional Products has increased its investments in China by inaugurating its fourth premix plant in ChangChun city, Jilin province, with an operating capacity of 15,000 MT.
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Euro-MPs call for ban on food from cloned animals Euro-MPs renewed their appeal for a ban on food from cloned animals when they voted on novel foods legislation. They also demanded a moratorium on foods using nanotechnology until potential health risks can be ruled out.
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OTP's profitability can take banking tax, Csanyi says OTP Bank is not pleased with the banking tax, but the bank's profitability can bear the special tax and it will not have to restrain its lending operations either in the coming years, OTP Bank's President-CEO Sandor Csanyi said.
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€ 30 million EU support for the promotion of agricultural products The European Commission has approved 19 programmes in 14 Member States to provide information on and to promote agricultural products in the European Union.
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Europe bans illegal timber to protect forests The European Union banned on Wednesday illegally-harvested timber in a bid to protect forests from the Amazon to Asia, fight climate change and ensure that furniture comes from legal wood products.
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Wheat harvest to be 40pc lower in 2010 This year's grain harvest is expected to be significantly lower than average in Hungary, with the country's wheat harvest down 40pc compared to the average, Gergely Domjan, deputy president of the Hungarian farmers association MAGOSZ, said.
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CAP: Call for tenders for a project on feed consumption in the EU The European Commission has launched a call for tenders for a project entitled "Modelling the on-farm component of feed consumption in the European Union" (FeedMod2).
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Hun industrial output growth accelerated to 13.7pc yr/yr Hungary's industrial output rose 13.7pc according to both unadjusted and a workday-adjusted figures in the twelve months to the end of May, the Central Statistics Office (KSH) said.
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Allianz Bank suspends euro-based mortgages Allianz Bank, the Hungarian unit of German financial-services company Allianz, on July 2 suspended receipt of new applications for euro-based mortgages, Allianz Bank said.
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Gov't introduces National Land Fund bill The government introduced a bill setting up a National Land Fund to Hungary's Parliament.
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||
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Linamar owner purchases 2.47m company shares at private auction Canada's Linamar Corporation purchased 2,469,728 shares in the Hungarian company at a price of HUF 2,570 per share at a private auction on July 2, the two companies involved in the transaction announced.
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European Commission approves Hungarian short-term export credit insurance scheme The European Commission (EC) said that it had authorised, under EU State aid rules, a measure adopted by Hungary to limit the adverse impact of the current financial crisis on exporting firms.
|
||
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Chinese feed group favours DDGS When China-based Shandong Zhonghui Group Corporation began importing US distiller’s dried grains with solubles (DDGS) two years ago, they set in motion a series of actions for what has become an astonishing success story of marketing DDGS overseas.
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Finland supports Hungary bid to extend moratorium on farmland purchases by foreigners Finland supports Hungary's bid to extend its moratorium on purchases of farmland by foreigners, rural development minister Sandor Fazekas said after a meeting with his Finnish counterpart Sirkka Liisa Anttila (on the picture) in Budapest.
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Szentkiralyi inaugurates HUF 500m warehouse at bottling plant Hungarian-owned mineral water bottler Szentkiralyi Asvanyviz inaugurated a HUF 500m logistics centre at its base in Szentkiraly, south of Budapest.
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EU again in deadlock over GM maize imports Despite a warning that inaction could lead to a shortage of animal feed European Union agricultural ministers failed to agree this week to approve six genetically modified maize varieties for import to the Union.
|
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Linamar aims to buy out Hun unit in private auction Farm machinery maker and automotive industry supplier Linamar Hungary said its majority owner, Canada's Linamar Corporation, would hold a private auction to buy 2,552,500 of its shares at a maximum price of HUF 2,570 on July 2.
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Hungary producer prices rise 3.8pc from previous month in May Hungary's industrial producer prices rose 3.8pc in May from the previous month, increasing 5.5pc from one year earlier, the Central Statistics Office (KSH) said.
|
||
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Banks to pay HUF 120bn, insurers HUF 36bn of extraordinary tax The government expects banks to pay HUF 120bn, insurers HUF 36bn and other financial sector companies HUF 30bn of an extraordinary tax to be levied on the sector this year, National Economy Ministry Gyorgy Matolcsy said after a cabinet meeting.
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Hungary has prelim EUR 344m c/a surplus, EUR 793m financing capacity in Q1 Hungary posted a current account surplus of EUR 344m in Q1 2010, smaller than the EUR 446m in Q4 last year.
|
||
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VIV China reflects growth perspectives The 'Grand International Edition' of VIV China will be held in Beijing from September 6-8, 2010.
|
||
 |
Zwack Unicum projects slightly lower profit, sales Zwack Unicum, Hungary's best known spirits maker, expects revenue and profit in its business year started April 1 to fall slightly from the previous year.
|
||
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Farm association sees wheat harvest falling to 4m tonnes in 2010 Hungary's wheat harvest is likely to reach about 4m tonnes in 2010, Istvan Toth, head of farm association MOSZ, said.
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Pick Szeged sees revenue falling 10pc in 2010 Pick Szeged expects its revenue to fall 10pc in 2010 from last year's HUF 64bn, CEO Laszlo Kovacs told.
|
||
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Hungary jobless rate drops for first time in one year Hungary's average unemployment rate was 11.4pc in the 15-74 age group in March-May, down from 11.8pc in February-April although still up from 9.8pc a year earlier, the Central Statistics Office (KSH) said.
|
||
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Russian grain prices decline ahead of new crop Russian grain prices fell last week from a week earlier, especially in the regions where harvesting had begun, analysts said, although drought fears pushed up prices in some areas.
|
||
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Netherlands: completely ban antibiotics in animal feed The Dutch organisation for the animal feed industry (Nevedi) would like to stop the use of antibiotics in feed as soon as possible, in cooperation with livestock producers and veterinarians.
|
||
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Food prices in Hungary 79pc of EU average Food prices in Hungary, at purchasing power parity and adjusted for exchange rates, were 79pc of the average for the EU-27 in 2009, a report published by Eurostat.
|
||
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Nemzetkozi Vegyepszer again contests M3 decision Hungary's Public Procurement Arbitration Board (KDB) has rejected a request by construction company Nemzetkozi Vegyepszer to invalidate again a decision awarding a contract for a motorway stretch, the Public Procurement Council said on its website.
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Storm causes forestry company HUF 875m of damages A storm on June 14 has caused state-owned forestry company Nyirerdo Nyirsegi Erdeszeti damages of about HUF 875m, far more than earlier estimated, CEO Lajos Kaknics said.
|
||
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World wheat harvest: who has the best guess? The International Grains Council has stepped out of line with other forecasters and raised its estimate for the world wheat crop, despite the wet weather forcing Canadian farmers to abandon millions of acres.
|
||
 |
Nutreco Holding N.V. becomes Nutreco N.V. With effect of Thursday 1 July 2010 the name Nutreco Holding N.V. will be changed into Nutreco N.V. The main reason for this is the wish to present Nutreco as one company with direct involvement in its animal nutrition and fish feed business.
|
||
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V4 farm ministers discuss CAP in Hungary Farm ministers of the Visegrad Four plus Bulgaria, Romania and Slovenia discussed the future of the EU's Common Agricultural Policy (CAP) and Hungary's preparations for its 2011 EU presidency at a meeting.
|
||
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Revenue of state-owned wineseller falls about 10pc in 2009 Revenue of state-owned wineseller Tokaj Kereskedohaz fell about 10pc to HUF 3.2bn in 2009, but the company still broke even, CEO Istvan Kiss said.
|
||
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Hungarian food-processors association lodges complaint against large chains The Federation of Hungarian Food Industries has filed complaints with the Agricultural Administration Office (MGSZH) against retail chains Tesco, Spar and CBA for alleged abuse of market power, citing breaches of legislation defending suppliers passed last year.
|
||
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The Quatar Airways is now coming to Hungary Qatar Airways is launching a flight to Budapest. The renowned five-star airline will fly four times a week between Budapest and Doha, the capital of Qatar, from January 2011.
|
||
 |
European Commission extends bank recapitalisation scheme in Hungary The European Commission said it approved a six-month extension until the end of the year of a Hungarian recapitalisation scheme for credit institutions.
|
||
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Toepfer expects rise in German 2010 wheat crop Germany's 2010 wheat crop of all types is likely to rise to between 25.3 million tonnes and 25.8 million tonnes, up from 25.2 million in 2009, Germany's largest grain trading house Toepfer International said.
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||
 |
USDA looks for ways to boost ethanol blender pumps The Agriculture Department is exploring ways to encourage installation of blender pumps as a step toward greater U.S. biofuel use, said Agriculture Secretary Tom Vilsack.
|
||
 |
Spar Hungary meat plant gets ISO 22000 certificate Spar Husuzem, Spar Magyarorszag's meat plant located in Bicske (Central Hungary) has received a ISO 22000 certificate, the company announced.
|
||
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Guatemalan agriculture needs 47 mln USD aid Guatemala's Agriculture Minister Juan Alfonso De Leon said the nation's farmers need 372 million quetzals (around 47 million dollars) in aid to rebuild after last month's Tropical Storm Agatha, news reaching here reported.
|
||
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AgBank's 11 investors take $5.45 bln of HK IPO-sources The Agricultural Bank of Chinahas finalised its list of 11 cornerstone investors for the Hong Kong portion of its IPO, with the group agreeing to commit $5.45 billion.
|
||
 |
Japan, EU stake out positions at whaling meet Japan and the European Union staked out opposing positions on commercial whaling at the start of global talks here, underscoring how hard it will be to hammer out a compromise deal.
|
||
 |
Estonia urges EU to create customs-free Baltic Sea zone European Union members on the Baltic Sea should drop customs controls among themselves to create a trade-boosting maritime zone, Estonian Foreign Minister Urmas Paet said.
|
||
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India hopes to complete trade talks with EU India hopes to conclude a free-trade agreement with the European Union this year, Indian Trade Minister Anand Sharma said during a visit to Spain.
|
||
 |
Europe's wealth gap laid bare Europe's wealth gap was laid bare on Monday in new data showing that Luxemburgers have on average seven times greater purchasing power than fellow EU members Bulgaria.
|
||
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Akzo Nobel sells starches arm for $1.3 billion Dutch paintmaker Akzo Nobel NV said it has agreed to sell its starches arm to U.S.-based Corn Products International for around $1.3 billion.
|
||
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Qatar IA to invest US$2.8 bln in AgBank HK IPO Qatar Investment Authority (IA) and Kuwait IA are the biggest cornerstone investors in the Hong Kong portion of the US$20 billion-US$30 billion initial public offering by Agricultural Bank of China Ltd.
|
||
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Brussels awards Gyulai, Csabai salami "origin" status The European Commission granted "protected designation of origin" status to salami made in the Hungarian cities of Gyula and Bekescsaba.
|
||
 |
Saudi GSFMO paid avge $228/T C&F for big wheat buy Saudi Arabia's grains authority said it paid an average of $228 per tonne, cost and freight included, for its latest wheat purchase, which was for 990,000 tonnes - one of the biggest wheat tenders this year.
|
||
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Russian grain prices stable ahead of the new crop Average Russian grain priceswere stable last week on lower demand as many traders were preparing to buy new crop grain, analysts said.
|
||
 |
EU unlikely to approve Hun plan to eliminate of distillation tax The European Commission is unlikely to approve the Fidesz-led government's proposed termination of the excise tax currently imposed on the distillation of palinka, Hungary's eau de vie, the business daily Napi Gazdasag wrote.
|
||
 |
Obstacles for horse feed imports at World Equestrian Games One of the behind-the-scenes elements to a mass influx of international equines for the 2010 Alltech FEI World Equestrian Games is the regulation of imported horse feed.
|
||
 |
Danone to merge Russia operations with local dairy France's Danone has announced an agreement to merge its operations in Russia and other countries of the former Soviet Union with a large Russian dairy.
|
||
 |
Costco Pushes For New Rules On Liquor Costco Wholesale Corp., eager to sell alcohol as freely as it does toilet paper, is backing an effort to shake up liquor distribution laws in its home state of Washington.
|
||
 |
Hungary gross wage growth slows down to 1.1pc yr/yr in April Twelve-month gross wage growth in Hungary slowed down to 1.1pc yr/yr in April from 9.4pc yr/yr rise in March, the Central Statistics Office (KSH) said.
|
||
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Rain, cold mean late melon season for Hungary Heavy rain and unseasonably cold temperatures in May have pushed Hungary's melon season back about three weeks compared to last year, Hungarian Melon Association head Gyorgy Simonka said.
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||
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Könnyíti az EU az amerikai GM rizs importot Az Európai Bizottság hatályon kívül helyezte azt a 2006-os határozatát, amely megfelelő okmányokhoz kötötte az amerikai rizs behozatalát.
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||
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Chicago wheat extends gains on wet weather in Canada, soybean drops Chicago wheat extends gains on wet weather in Canada, soybean drops and corn climbs
|
||
 |
Laszlo Baranyay appointed as CEO of Hungarian Development Bank National Development Minister Tamas Fellegi appointed Laszlo Baranyay to serve as president and CEO of the state-owned development bank MFB on Thursday, the ministry said.
|
||
 |
AgBank signs investors, as MidEast eyes $2 bln stake Agricultural Bank of China hasreached an agreement with a group of seven investors ahead of its massive initial public share offering, sources said on Friday, with two funds from the Middle East considering a stake that could exceed $2 billion.
|
||
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Coarse limestone – better eggs Limestone particles need to have a certain size to have effects on laying performance and egg shell strength in laying hens recent research at the Institute of Animal Science in Czech Republic reveiled.
|
||
 |
Alpha-Vet revenue climbs 18pc; expansion continues Revenue of veterinary drugs company Alpha-Vet climbed 18pc to HUF 9.8bn in 2009, but pre-tax profit slipped 27pc to HUF 350m because of economic conditions, business director Jozsef Malits said.
|
||
 |
Harcon wins USD 6.5m contract in Yemen Hungarian construction company Harcon has won a USD 6.5m contract for oil industry work in Yemen, deputy-CEO Jozsef Ugrin said.
|
||
 |
Hazardous classification DDGS hampers export The United States has transmitted a proposal to the International Maritime Organization (IMO), a United Nations body that establishes international shipping rules, regarding the shipping classification of distiller’s dried grains with solubles (DDGS).
|
||
 |
Tiny oats market suddenly hottest grain globally Usually sleepy oats futures have staged a ferocious rally in the latest week, for their biggest price jump in nearly a decade, as worries have mounted about a short crop in Canada, the largest supplier of US oat imports, Reuters reports.
|
||
 |
What said the Ministry of Finance of Hellenic Republic to AGRARHASZON.HU? Following the European Commission’s report “Public Finances in EMU 2010” published on June 16 2010, the Greek Ministry of Finance notes - told the Ministry of Finance of Hellenic Republic on Wendesday to AGRARHASZON.HU.
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Hungary wheat harvest seen falling to 4m tonnes in 2010 This year's wheat harvest is expected to fall to around 4m tonnes because of flooding and standing water, Zoltan Bedo (on the photo), head of the Hungarian Academy of Sciences' Institute for Agricultural Research said.
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||
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Hungarian farm gate prices drop 5.7pc yr/yr in April Farm gate prices in Hungary fell 5.7pc yr/yr in April after falling 4.1pc in the previous month. Crop prices dropped 6.0pc and livestock and animal product prices were down 5.3pc from April 2009, the Central Statistics Office (KSH) reported.
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||
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Hungary acacia honey crop to fall as much as three-fourths because of rain Hungary's beekeepers expect this year's crop of acacia honey to be just one-third or one-fourth of last year's because of heavy rain, Peter Bross, who heads beekeepers association OMME said.
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||
 |
Garantiqa has HUF 1.1bn profit in Q1 Garantiqa Hitelgarancia, a guarantor of loans for SMEs owned by the state and credit institutions, had profit of HUF 1.1bn in the first quarter, data on the company's website show.
|
||
 |
Rural Credit Guarantee Foundation provides 6pc less in guarantees in 2009 Rural Credit Guarantee Foundation (AVHGA) provided guarantees on loans of HUF 57.1bn last year, down 6pc from the previous year, managing director Aniko Ulrich said.
|
||
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MKB Bank board decides on HUF 20bn Hungary's MKB Bank said Monday its board decided to raise the bank's registered capital by HUF 1.27bn to HUF 16.04bn in a private placement between June 9 and June 24.
|
||
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New gov't finds HUF 230bn discrepancy in 2010 budget A fact-finding commission has found a HUF 230bn discrepancy in a review of the 2010 budget, Mihaly Varga (on the photo), state secretary at the Prime Minister's Office and the head of the commission established to determine the country's true fiscal situation, said at an extraordinary cabinet meeting.
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Put more nitrogen into milk, not manure The more efficient dairy farmers are in managing nitrogen, the more milk their cows will produce and the less nitrogen will be wasted in manure and urine, according a study by US Agricultural Research Service (ARS) scientists and cooperators.
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Ridley rules out split up Ridley managing director John Murray has ruled out splitting up his company's agrifeed products and salt businesses in the short term, despite a number of demerger plans by listed agri companies in the past month.
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Gov't sacks National Development Agency head National Development Minister Tamas Fellegi has sacked National Development Agency head Marton Vagi (on the picture), the ministry said.
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Creditor initiates liquidation procedure against national daily Magyar Kozlonykiado has initiated a liquidation procedure against the national daily Nepszava, Kozlonykiado said.
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Ukraine wants apologies for dioxine scandal Ukraine will insist that Germany apologizes for the scandal over alleged contamination of Ukrainian corn with dioxin. The exporter company does not rule out filing a claim for compensation for libel.
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Storms hurt Hungary's forestry industry Recent storms have felled trees with 400,000-500,000 cubic metres of wood, or nearly 10pc of the country's annual wood output of 6m-7m cubic metres, Tamas Ali (on the photo), deputy head of the Forestry Directorate of the Hungarian Farm Office, said.
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Borsodi Brewery makes HUF 4.3bn profit in 2009 Hungary's Borsodi Brewery had pre-tax profit of HUF 4.3bn in 2009, a big improvement over a HUF 1bn loss in 2008, communications director Ildiko Stefankovits (on the photo) said.
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Heavy rain could cause grain growers HUF 10bn-20bn in damages Heavy rain in recent weeks could cause Hungary's grain growers HUF 10bn-20bn in damages, farm association MOSZ head Istvan Toth (on the photo) said.
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KSH to carry out farm census Hungary's Central Statistics Office (KSH) is carrying out a census of households active in the agriculture centre in June, KSH said.
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Fruit and vegetable sector projects 30-40pc harvest loss Hungary's fruit and vegetable sector is expected to suffer an average 30-40pc loss of harvest this year, which is likely to push prices up, Fruit and Vegetable Growers Association and Product Council director Bela Martonffy said.
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Savings cooperatives total assets climb 3pc in 2009 Members of the National Association of Savings Cooperatives (OTSZ) had total assets of HUF 1,395.8bn at the end of 2009, about 3pc more than twelve months earlier, OTSZ managing director Antal Varga (on the photo) said.
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NBH predicts inflation of next year The National Bank of Hungary (NBH) predicts that Hungary's inflation rate will rise from 3.8pc in the third quarter of 2010 to 4.1pc in the fourth quarter of the year before dropping to 3.4pc in the first quarter of 2011 and 3.0pc in the second quarter of next year.
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Kenyan tea prices, volumes stable The average price of Kenya's top grade Broken Pekoe Ones tea held steady at $3.61 per kg at this week's sale from $3.62 per kg last week, traders said.
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Demjan dubs bank Granit Bank Hungarian financial market watchdog said it approved a request to change the name of Milton Bank, which was recently acquired by Magyar Toketarsasag (Hungarian Capital Company), a company established by Hungarian real estate magnate Sandor Demjan (on the photo) to help the country's SMEs recover from the crisis, to Granit Bank.
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Egypt tenders for 20 000 tonnes soyoil, 20 000 tonnes sunoil Egyptian company Meditrade has issued an international tender to purchase 15 000 to 20 000 tonnes of soyoil and 15,000 to 20 000 tonnes of sunflower oil, European traders said.
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Ukraine '10 wheat crop to fall 15 pct due to weather Ukraine's 2010 wheat crop may fall 15 percent compared to 20.9 million in 2009 due to a winter wheat losses, Ukraine's Deputy Prime Minister Viktor Slauta (on the photo) said.
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S.Africa maize deliveries rise to 461 000 tonnes Maize deliveries to South African silos rose to 461 000 tonnes in the week to May 21, up from 247 000 tonnes in the week before, data showed.
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Varga says 2010 deficit could reach 7-7.5pc of GDP Hungary's general government deficit could reach 7-7.5pc of GDP in 2010, Mihaly Varga, who is heading a review of the country's financial position for the new government, said in an interview with Hungarian public television.
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Feedmill violated GMP regulations for medicated feed Animal feed that was produced by Templeton Feed & Grain Inc., a medicated feed mill in Templeton, California, USA, is unsafe and adulterated, according to the US Food and Drug Administration (FDA).
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Book review: The Feeds Directory Despite the fact that most information is now digitally available The Feeds Directory – Commodity Products Guide by Dr. Wesley Ewing is a must-have for feed professionals that need up to date information on feed ingredients.
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Massive soy imports for China expected China, the largest soybean consumer, may import more than a forecasted 46 million metric tonnes of the oilseeds this year on increased demand for vegetable oil and animal feed and amid plunging soybean oil shipments, Bloomberg writes.
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Hungarian company heads meet with potential Uzbek partners Representatives of Hungarian companies met with potential Uzbek partners at a three-day forum in Tashkent, Hungary's ambassador to Russia Gyorgy Gilyan (on the photo) said.
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BASF increases price for vitamin E Ludwigshafen, Germany based chemical company BASF is to increase increases the price for vitamin E for feed applications.
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Zwack Unicum profits fall 25pc as margin narrows Zwack Unicum, Hungary's best known spirits maker, had after-tax profit of HUF 2.31bn in its business year ended March 31, down 24.7pc from the 2008/2009 business year as gross margin narrowed.
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Horrible: Hungary unemployment rate unchanged at 11.8pc in February-April Hungary's average unemployment rate was 11.8pc in the 15-74 age group in February-April, unchanged from January-March and up from 9.9pc a year earlier, the Central Statistics Office (KSH) said.
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Land broker says demand for large parcels high, supply of small parcels low in Hungary There is significant demand for land parcels of between 30 and 40 hectares in Hungary, though the country's supply of land is concentrated in small parcels, director Zoltan Fur of online land broker Foldbroker.hu said.
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Vietnamese dairy farmers barely can stay in business Dairy cow business is not profitable in Vietnam. Dairy farmers farms in HCM City voiced the this complaint during a meeting with the HCM City Agriculture and Rural Development Department recently.
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New layer feed products from Schaumann German mineral feed ingredient specialist is introducing a feed supplement that improves shell quality and health of laying hens, especially aimed at home mixing farms.
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Private and venture capital investments halve in 2009 Private and venture capital firms invested in twelve Hungarian companies in 2009, only half of the number recorded in 2008, while only one-tenth of Hungarian medium-sized companies are suitable for private capital investments, Riverside Magyarorszag said.
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Wind farm to be built in northwest Hungary Hungarian wind-power company Pannon Szeleromu will build a seven-turbine wind farm near Babolna (NW Hungary) this summer, the regional newspaper 24 Ora reported.
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Mercosur trade deal will hurt EU farmers -union A trade deal proposed by European Union leaders with South America's Mercosur bloc will boost Europe's exports of goods and services but will squeeze many of its farmers out of business, a major Spanish farm union said last week.
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Matolcsy says further rate cuts justified and necessary Real economic trends in Hungary would justify a central bank base rate of 4.50pc, Gyorgy Matolcsy, the Fidesz-KDNP alliance's candidate for economy minister, told Parliament's budget committee.
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Linamar Hungary profits plunge as revenue falls, margins narrow Linamar Hungary, the automotive and machinery unit of Canada's Linamar, had net income of HUF 88m in Q1, down 77pc from the same period a year earlier as revenue fell and margins narrowed, the company's consolidated IFRS report published.
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Africa: 53 countries, One Union What said Andris Piebalgs, European Commissioner responsible for development about Africa? Here you read!
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Central American feedmillers learn about grain quality The United States Grains Council hosted 21 representatives from the Central American feed industry to attend a course in quality control offered by the International Grains Programme at Kansas State University.
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Multi million fishfeed deal for BioMar The world’s largest fish farming company, Marine Harvest, has extended their co-operation with feed company BioMar and signed a contract for the delivery of fish feed over several years.
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African's company: the Astral Foods South African poultry and feeds integrator Astral Foods looks set for a strong second half, after a confident 12% hike in the interim dividend for the period ending March 2010.
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Erste Bank to keep offering euro-based loans Erste Bank will keep offering euro-based loans in Hungary, deputy CEO in charge of the retail division Imre Sztano said.
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K and H Group profit down 5.2pc yr/yr in first quarter Hungary's K and H Bank Group posted consolidated post-tax profit of HUF 5.6bn (EUR 19.86m) in the first quarter of 2010, down 5.2pc from Q1 of 2009, K and H Group CEO Hendrik Scheerlinck (on the photo) announced, citing the bank's first-quarter IFRS report.
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Matolcsy says gov't involvement not needed in conversion of forex loans There is no need for a financial involvement of the central budget in assisting the troubled foreign-currency borrowers, Minister of National Economy-designate Gyorgy Matolcsy said on a television program.
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HVG to take over Hirszerzo news portal The business weekly HVG will take over the news portal site Hirszerzo, HVG Kiado said. HVG Online and news-portal owner Krisztian Szabados (on the photo) have reached a preliminary agreement on HVG's acquisition of Hirszerzo.
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Hungary's new gov't to submit economic bills to parliament in mid-June Prime Minister-designate Viktor Orban said on Wednesday that Hungary's new Fidesz-controlled government to be inaugurated at the end of May will submit its first important economic bills to parliament in the middle of June.
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OTP Bank improves profitability in Q1 OTP Bank increased its profitability in Q1, while sustaining its conservative risk-provision policy, increasing the coverage for bad loans and improving its capital-adequacy ratio, OTP Bank Deputy-CEO Laszlo Bencsik (on the photo) commented following the publication of the bank's first-quarter IFRS report.
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Employment in the agriculture sector down by 25% Between 2000 and 2009, employment in the agricultural sector in the EU27 decreased by 25%, the equivalent of 3.7 million full-time jobs, according to a new report published by EUROSTAT. It fell by 17% in the EU15 and by 31% in the 12 New Member States (NMS).
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EU charts path to sustainable fishing in 2011 The European Commission wants to haul EU fishing limits back to sustainable levels in 2011, in line with recommendations made by science experts. The Commission published its report launching discussions on fishing opportunities in EU waters in 2011.
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EU, Central America reach first ever free trade deal Central American countries and the European Union reached agreement on Tuesday on the first ever free trade deal between the two regions, they announced in a joint statement.
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Eurozone official inflation rises to 1.5 per cent in April Twelve-month inflation rose to 1.5 percent in April across the 16 countries which share the euro currency, up from 1.4 percent in March, confirmed official figures.
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Eurozone trade surplus increases: Eurostat The 16-nation eurozone's trade surplus with the rest of the world soared to 4.5 billion euros (5.5 billion dollars) in March, boosted by the weakness of the euro, showed official figures.
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US gets a foothold on Chinese corn market China made it second purchase of US corn in as many weeks. Further purchases are expected in the near future.
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Hajduboszormenyi Mezogazdasagi completes HUF 807m farm renovation Hajduboszormenyi Mezogazdasagi has completed a HUF 807m (EUR 2.91m) renovation of its cattle and hog farms supported with a HUF 407m European Union grant, CEO Zoltan Erdelyi said.
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Aova Technologies expands into Chinese feed additive market Aova Technologies Inc., a Madison biotechnology company that makes animal feed additives, has formed a joint venture with J&Y World Solutions LLC of Arizona that will exclusively sell and distribute Aova’s patented BIG product line for animals in China.
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German feed makers predict higher prices The German feed industry (DVT) has announced higher prices on the short term for compound feeds due to a shortage in oil cakes on the market.
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Asian workshops on bacteria control in poultry “Maintaining the intestinal integrity and improving broiler and breeder performance through effective control of Salmonella and other Enterobacteria” is the title of a workshop to be held in Thailand, Indonesia and the Philippines.
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Lonza to build vitamin B3 plant in China Swiss ingredients manufacturer Lonza has decided to locate its new vitamin B3 manufacturing site at Nansha, its leading high-tech life science plant in China.
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Hungary food sector output declines 1pc in 2009 Output of Hungary's food sector fell 1pc in 2009 as domestic sales dropped 3pc, but export sales rose 5pc, data from the National Association of Food Processors (EFOSZ).
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Hungarian farm gate prices drop in March, Q1 terms of trade improve Farm gate prices in Hungary fell 4.1pc yr/yr in March after rising in the previous two months. Crop prices fell 5.4pc and livestock and animal product prices fell 1.9pc from March 2009, the Central Statistics Office (KSH) reported. Terms of trade in agriculture improved in Q1 from a year earlier.
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New gov't to introduce preferential tax-bracket to curb illegal employment Hungary's Fidesz-controlled government to be inaugurated on May 28 plans to introduce preferential tax brackets for sectors of the economy such as agriculture, tourism, construction and the hospitality industry in order to curb illegal employment, Minister of Economy-designate Gyorgy Matolcsy told the online business-news portal FigyeloNet.hu in an interview published.
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EU restricts imports of plants from China The European Union has decided to impose stricter measures for the import from China of plants hosting the harmful citrus long horn beetle, an insect that is not native to Europe and can attack a wide range of plants, such as maple, citrus and apple trees as well as birches, beeches, and willows.
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Eurozone growth hits 0.2 per cent in first quarter The eurozone economy posted growth of 0.2 percent in the first quarter of 2010 compared to flatlined figures over the previous three months, the European Union said.
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Win iPad on fibre digestibility website Lallemand launches mini-website focused on fibre digestibility in dairy cows diet. For promotion visitors can win an iPad.
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CODA-CERVA to study problem of Fusarium mycotoxins The CODA-CERVA (Veterinary and Agrochemical Research Centre) in Belgium initiated a new project to study the presence of Fusarium mycotoxins and animal and human carry over. The project – called Mycotoxpluim – will run till January 2012.
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BASF increases prices for vitamin B2 BASF globally increases the price for vitamin B2 products for human and animal nutrition by 10% as of May 10, 2010, respectively in line with existing commitments.
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Fenchem to double European turnover Based in Nanjing, China and with an office in Chino, California, USA, Fenchem is aiming to supply better services for central Europe customers and double turnover with the opening of its new office in Ostrava Vitkovice, Czech Republic.
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McDonald's Magyarorszag revenue slips 3pc to HUF 37.4bn Revenue of McDonald's fast-food restaurants in Hungary fell 3.3pc to HUF 37.4bn in 2009, McDonald's Magyarorszagi Etterem Halozat said.
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Budafok to start HUF 338m of wine tourism investments The Hungarian city of Budafok is undertaking European Union-supported investments worth a combined HUF 338m to boost wine tourism, the National Development Agency said.
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Fidesz gov't to introduce family taxation in 2011 Hungary's new Fidesz-controlled government will introduce tax breaks for families with dependent children beginning in 2011, Minister of National Economy-designate Gyorgy Matolcsy said on a television program on Sunday evening.
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Hungary trade surplus widens to EUR 653m in March Hungary had a EUR 653m trade surplus in March 2010, well up from a EUR 373m trade surplus in February and a EUR 486m surplus a year earlier, the Central Statistics Office said in a first reading.
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Gebruder Weiss plans new base in Hungary Austrian logistics company Gebruder Weiss wants to establish a new base in the Hungarian city of Mosonmagyarovar in 2011, board member Heinz Senger-Weiss (on the photo right) said.
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Supreme Court upholds decision to fine BAT for illegal promotions Hungary's Supreme Court has upheld a decision by the Municipal Court of Budapest backing a resolution by the National Consumer Protection Agency (NFH) fining British American Tobacco (BAT) HUF 300m for illegal promotion of their products, SmokeBusters said.
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Hungary's new government to abolish or merge 12-16 tax categories Hungary's new Fidesz-controlled government will either eliminate or consolidate 12-16 of the current 52 tax categories as part of its three-year tax-reduction program scheduled to begin on July 1, Minister of National Economy-designate Gyorgy Matolcsy said on a television program.
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Hungarian mineral water bottler enters Chinese market Hungarian mineral water bottler Ave is ready to enter the Chinese market after acquiring all of the necessary permits, sales director Bela Nagy said.
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Hypo Alpe-Adria-Bank to withdraw from Hungary The nationalised Hypo Bank will withdraw from Hungary as well as several other countries, head of the Austrian financial group Gottwald Kranebitter (on the photo) told of the Austrian NEWS magazine.
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Sandor Demjan remains Hungary's richest man Construction magnate Sandor Demjan (on the photo) again topped business daily Napi Gazdasag's annual list of the 100 richest Hungarians in 2010 with estimated wealth of HUF 150bn (EUR 536.92m) in 2010, up from HUF 140bn in 2009, Napi Gazdasag reported in a special supplement.
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New gov't to cut taxes by one-third over three years Hungary's new government intends to cut taxes by one-third over the coming three years, Gyorgy Matolcsy, who will head the economy ministry, said in a radio programme.
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Martonyi: Hungary still eager to introduce euro Hungary's new government will be strongly committed to introduction of the euro regardless of the recent turbulence in the eurozone, Foreign Minister-designate Janos Martonyi said.
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NBH chairman says oath requires him to complete six-year term National Bank of Hungary (NBH) Chairman Andras Simor (on the photo) said that the oath-of-office he took from President Laszlo Solyom in 2007 requires him to complete his six-year term.
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You do what you have to do - Letter of the Alltech's president Our first visit to Haiti was shortly after the earthquake. What a country! It is a country where nothing seems to work and nobody seems to care. It is a country with a history of disastrous leaders, one after the other...
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ITD Hungary named region's best investment agency The Hungarian Investment and Trade Development Agency (ITD Hungary) has been picked the best investment agency of 2010 in Central and Eastern Europe by US publication Site Selection Magazine, ITD Hungary said.
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Hungary February trade surplus EUR 373m Hungary had a EUR 373m trade surplus in February 2010, up from a January surplus of EUR 290m and a EUR 296m surplus a year earlier, and down a slight EUR 1m from the first reading, the Central Statistics Office said.
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Heineken Hungaria sees premium products lifting revenue 4-5pc Brewer Heineken Hungaria targets revenue growth of 4-5pc in 2010 after an increase of under 1pc in 2009, CEO Michiel Egeler (on the photo) said. Heineken Hungaria had net revenue of HUF 47bn in 2009. After-tax profit climbed 20pc to HUF 3bn.
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China purchases US corn The US Department of Agriculture last week announced the export sale of 115,000 metric tons of US corn to China.
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Better utilisation of DDGS with fractioning Canadian research has success with pilot scale processing of wheat distillers dried grain with solubles (DDGS), yielding different fractions targeted for monogastric and ruminant animal feeding.
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Next global Feed & Food Congress staged in South Africa During a Board Meeting of the International Feed Industry Federation (IFIF) on 20 April 2010 in Cancun, Mexico - the opening day of 3rd GFFC, hosted by Mexico, it was decided to award the hosting of the fourth edition to South Africa during 2013.
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Hungary producer prices drop on stronger forint in March Hungary's industrial producer prices dropped 0.2pc in March from February and were down 3.5pc yr/yr from from March 2009, the Central Statistics Office (KSH) said. Domestic sales prices continued to rise but forint-term export prices fell on a stronger forint both in a monthly and a twelve-month comparison.
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Prime minister-designate's chief advisor says EU law protects central-bank chairman Prime Minister-designate Viktor Orban's chief advisor Gyorgy Szapary (on the photo) said that European Union law protects the chairman of the National Bank of Hungary (NBH) from arbitrary dismissal.
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Future economy minister sees deficit reaching 4.5-6.5pc Hungary's general government deficit could be between 4.5pc and 6.5pc of GDP this year, Gyorgy Matolcsy, the economy minister in Hungary's next government, said after his appointment was announced. Mr Matolcsy added taxes could be cut yet this year.
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Hungary's PM-elect Orban unveils cabinet Hungarian prime minister-elect Viktor Orban named further members of a streamlined cabinet. Introducing his new cabinet, Orban stressed the experience of his new team. "There is a need for the kind of government which is appropriate for creating a new political and economic system," he said.
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Selko upgrades organic acids facilities Selko Feed Additives, a Nutreco company located in Tilburg, the Netherlands, is investing €6 million to upgrade and increase capacity.
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Hungary retail food market contracts slightly Hungary's retail food market contracted 1pc in value terms and 3pc in volume terms in the twelve months to March compared to the previous twelve-month period, according to data compiled on 90 product groups by market research company Nielsen.
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New brochure: Analytics – an essential tool to boost your business “Analytics – an essential tool to boost your business” is the title of a new 16-page brochure released by the Health & Nutrition Business Unit from Evonik Industries, Essen, Germany.
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Steam flaking improves FCR in calves Chinese researchers studied the effect of a mixture of steam-flaked corn and soybeans on health, growth, and selected blood metabolism of Holstein calves. The objective of the experiment was to evaluate the effects of steam-flaked corn grains and soybeans on calf health, growth, and selected blood parameters.
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TakarekBank profits jump 83pc as operating margin widens TakarekBank, a bank for Hungary's savings cooperatives, had after-tax profit of HUF 1.48bn in 2009, up 83pc from the previous year because of higher interest revenue and increased efficiency, the bank said.
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Hungarian companies show at farm fair in Vilnius Fourteen Hungarian companies are showing at the Agrobalt farm and food fair, which opened in Vilnius, the Hungarian embassy in Lithuania said.
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Tetra Pak plans to spend EUR 3m on developments in 2010 Hungarian packaging-materials company Tetra Pak plans to spend EUR 3m (HUF 806,864) on developments this year, the business daily Vilaggazdasag said, quoting head of Tetrapak's Hungarian subsidiary Zoltan Revesz.
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Costco signs deal to sell Hungarian wine State-owned wine trader Tokaj Kereskedohaz has signed a ten-year agreement with Costco, a big US membership warehouse chain, to sell Hungary's famous Tokaj dessert wine, Tokaj Kereskedohaz CEO Istvan Kiss said.
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Hungarian company chiefs meet with Russian businessmen The leaders of 10 companies in Hungary met on Wednesday in Rostov-on-Don (SW Russia) with representatives from 60 companies located in Russia's Rostov Oblast, Hungary's Ambassador to Russia Gyorgy Gilyan (on the photo) said.
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Orban names some ministers in new gov't Hungary's Prime Minister-elect Viktor Orban named some of the members of the government he is about to form after his centre-right Fidesz party won parliamentary elections with a two-thirds majority last weekend.
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PannErgy geothermal-energy unit receives HUF 442m grant Alternative-energy company PannErgy said its 90pc-owned unit, Szentlorinci Geotermia, will receive a HUF 442m (EUR 1.64m) grant from the National Development Agency.
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Kenya rejects S.Africa's GM maize exports A 40,000 tonne consignment of South African genetically modified (GM) maize destined for Kenya is stuck at Mombasa harbour after protests against the technology the Business Report newspaper reported.
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Kaba sugar refinery to be converted into industrial park The former Kaba sugar refinery in eastern Hungary will be converted into an industrial park at a cost of more than HUF 850m, project manager Levente Zsuponyo said.
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Hawaii's last sugar plantation to be biofuel 'lab' Hawaii's last sugar plantation could start producing jet fuel for the Navy. Federal agencies announced they would spend millions of dollars to study producing advanced biofuels from sugarcane grown at Hawaiian Commercial & Sugar's fields on Maui.
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Kiotech International Kiotech International plc, supplier of natural feed additives to enhance health, growth and sustainability in agriculture and aquaculture, significantly increased its sales and profit over 2009 and also completed the acquisition of Optivite Group, whose results are included from 1 October 2009.
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Infocenter.hu acquires indirect stake in RTL Klub operator Media company Infocenter.hu has acquired an indirect 31pc stake in M-RTL, the operator of commercial television channel RTL Klub, Infocenter.hu said.
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New Zealand pet food factory closes smelly plant Lovitt’s NZ, a Tauranga, New Zealand pet food factory that polluted waterways and generated rotten smells has closed its doors, to the huge relief of neighbours and Environment Bay of Plenty.
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H rates easing to continue, 2/3 majority may boost markets Hungary's easing cycle is set to continue beyond the elections, and a potential two-thirds majority for Fidesz that would open up reform possibilites may boost Hungarian assets, London-based emerging markets analysts said.
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Erste shareholders approve dividend of almost HUF 14bn Shareholders of Erste Bank Hungary decided at a general meeting on Friday to pay HUF 13.9bn of 2009 profit as dividend and place the rest into reserves. A year earlier, shareholders approved a HUF 15bn dividend.
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H retail sales drop slows to 4.3pc yr/yr in February Retail sales volume in Hungary fell a calendar-adjusted 4.3pc in the twelve months to February 2010, slowing further from a 5.6pc decline in January, the Central Statistics Office (KSH) said.
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Hops assists in lowering ammonia produced by cattle A scientist has discovered that by using hops this will lower ammonia produced by cattle.
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Milk production increase for dairy producers Energy Booster H, is a second dense, rumen-inert fat supplement that has been launched by Milk Specialities Global Animal Nutrition.
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Competition Office fines Pioneer Hi-Bred or misleading advertising Hungary's Competition Office (GVH) on Thursday said it fined planting seed company Pioneer Hi-Bred Magyarorszag HUF 1m for misleading advertising.
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China soy meal demand rising Demand for soybean meal in China, the world’s biggest consumer of the animal feed, may rise on expectations hog inventories will expand, the China National Grain & Oils Information Center said. “The market is increasingly upbeat on the expectation of rising soybean meal consumption,” said the Centre.
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World meat market to grow by 40% Population growth and income growth will drive the world meat market to almost 40% growth in the next 10 to 20 years, concluded Dirk Jan Kennes of Rabobank at the opening ceremony of VIV Europe in Utrecht, the Netherlands.
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GM decision in Western Australia criticised Premier Colin Barnett of Western Australia has been accused of hiding damaging letters from European grain traders, which state that they would not be willing to buy grain from Western Australia if GM crops are grown.
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USGC Jordan DDGS feeding trial commences The US Grains Council last week, in partnership with the Hammoudeh Dairy Farm in Amman, Jordan, began the longawaited DDGS feeding trial utilizing Hammoudeh Farm’s dairy sector.
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Study: Elevators and terminals in Ukraine Ukraine’s grain outputs and exports have increased to all-time high values over the recent years and this requires restructuring the grain storage and logistics system, according to a recently released study of UkrAgroConsult.
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Canadian grain firm plans major feed mill An eastern Ontario grain handling and ag supply firm has announced plans to spend CAN$10 million (US$9.87m, €7.31m) building what it says will be the region's biggest feed mill operation.
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Tesco leads Hungary food seller market in 2009 UK supermarket chain Tesco led Hungary's market of retail food sellers in 2009, generating revenue of HUF 638.4bn, market research company Nielsen said.
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USDA cuts global wheat stocks forecast In its latest report, the USDA cut its estimate for world wheat stocks by 950,000 tonnes, to 195.8m tonnes at the close of the 2009-10 crop year, citing better prospects for the grain's use in livestock feed.
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Company update: Cargill Cargill Inc.'s third-quarter profits from continuing operations nearly doubled compared with the same time last year, courtesy of an improving global economy.
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Demjan buys the Milton Bank Hungary's Competition Office (GVH) on Friday approved the acquisition of a 100pc stake in Milton Bank by Magyar Toketarsasag (Hungarian Capital Company), a company recently founded by Hungarian real estate magnate Sandor Demjan to help the country's SMEs recover from the crisis.
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Hungary investment funds reach historical high Assets in Hungarian investment funds grew 5.8pc to HUF 3,344bn in March from the previous month, beating the previous historical high of HUF 3,200bn reached in February 2008, the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) said.
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Mil-Power building HUF 1.1bn biogas-fueled power plant in SW Hungary Mil-Power is building a HUF 1.1bn biogas-fueled power plant in SW Hungary, managing director Gyula Koncz said.
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Hungarian breweries sell 12pc less beer in 2009 Sales of Hungarian breweries fell about 12pc in 2009, although domestic sales fell less, by 9pc, Hungarian Beer Association chairman Imre Sivo said.
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Hungarian-Syrian Business Council established A Hungarian-Syrian Business Council has been set up after Investment and Trade Development Hungary (ITDH) head Csaba Kilian (on the photo) met with business leaders in Damascus.
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Fidesz to seek new deal or extension of existing agreement with IMF, EU Centre-right Fidesz, which won a majority in the first round of Hungary's general elections on Sunday, will seek to extend the country's existing financing agreement with the IMF and the European Union or strike a new deal, foreign minister-designate Janos Martonyi told Reuters in an interview.
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Nadudvari Food completes HUF 150m investment Frozen-food company Nadudvari Elelmiszer has completed a HUF 150m (EUR 571,295) investment to produce breaded cheeses and frozen ready meals, company Managing Director Janos Volosinovszki announced.
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Waste-water removal and treatment investment begins in NE Hungary A HUF 1.7bn (EUR 6.42m) waste-water removal and treatment investment has been launched in northeastern Hungary, the company managing the project, Inno Invest Kft.
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Syngenta revenue falls 4pc in 2009 The Hungarian units of Switzerland-based agribusiness company Syngenta generated revenue of HUF 38.9bn (EUR 145.69m) in 2009, down 4pc from 2008, Syngenta Seeds Marketing Director Janos Biro said.
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Real removes tainted Pick products from shelves Hungarian supermarket chain Real Hungaria has removed house brand sandwich meat made by Pick Szeged, Hungary's biggest meat company, from its shelves after finding high levels of the bacteria listeria in it, Real marketing director Attila Linczmayer said.
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Linamar board proposes putting 2009 profits into reserves The board of vehicle parts and farm machinery maker Linamar Hungary will propose to shareholders at an annual general meeting on April 27 placing all of 2009 profits into reserves, paying no dividend, the AGM invitation published.
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4 parties in Parliament, Fidesz wins majority in 1st round Main Hungarian opposition party Fidesz, in alliance with the Christian Democrats (KDNP) - on the photo Mr Viktor Orban, head of Fidesz -, has secured 206 of a total of 386 parliamentary seats already in the first round of general elections on April 11, preliminary official election results show.
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Hungarian farm gate price rise slows in February Farm gate prices in Hungary increased 0.2 pc yr/yr in February. Crop prices rose 2.0 pc and livestock and animal product prices fell 2.8pc, the Central Statistics Office (KSH) reported.
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European Commission about the lands of European Union European Commission starts legal proceedings against decisions extending deadlines for scrapping land purchase subsidies
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Hungarian famers get 40pc more EU subsidies in 2009 Hungarian farmers received HUF 630bn in European Union subsidies in 2009, up around 40pc from HUF 450bn-460bn in 2008, Agriculture Minister Jozsef Graf said.
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Mineral water bottler Szentkiralyi revenue stagnates at HUF 5.7bn Mineral water bottler Szentkiralyi Asvanyviz had revenue of HUF 5.7bn in 2009, about the same as in 2009, although sales volume inched up 3pc, the company said.
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Hungary asks for extension of moratorium on farmland purchases by foreigners The government has asked the European Commission to allow Hungary to extend its moratorium on purchases of farmland by foreigners by three years.
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Kisalfoldi Mezogazdasagi completes HUF 1.5bn investment Hungary's Kisalfoldi Mezogazdasagi Zrt has completed a HUF 1.5bn (EUR 5.66m) European Union-funded investment to modernize its cattle-raising operations and build a 526 kW biogas plant, company CEO Lorant Szajko said.
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MEPs review new regulation on novel foods Euro-MPs adopted a draft report for new rules on novel foods. The responsible committee of the Parliament will vote on the regulation on 4 May 2010.
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Minister of agriculture to withdraw from politics following elections Minister of Agriculture Jozsef Graf will withdraw from politics following Hungary's national elections this month, Mr Graf told the regional newspaper Uj Dunantuli Naplo in an interview published.
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Poultry Product Council uncovers infected egg extract shipments from Italy Hungary's Poultry Products Council announced Friday that several tonnes liquid egg-extract, which recently arrived in Hungary from Italy, was withdrawn from circulation after it was found infected by salmonella.
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New EU system to take on excise fraud On 1 April 2010, a new electronic system for monitoring and controlling the movement of excise goods (alcohol, tobacco and energy products) within the EU will become operational. The Excise Movement and Control System (EMCS) will make intra-Community trade in excise goods cheaper and simpler for operators, while also making it quicker and easier for EU Member States to tackle excise fraud.
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Hamburger to suspend production at plant due to rising cost of feedstock Hamburger Dunaujvaros Kft, the second biggest manufacturer of corrugated fiberboard in Hungary, will suspend production at its plant in Dunaujvaros (C Hungary) in the first half of April due to a rise in the cost of recycled feedstock.
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NVT announces tenders for lease of 43,000 hectares of state-owned land Hungary's National Asset Management Council (NVT) announced that it would call tenders for the lease of 43,000 hectares of state-owned land under the European Union's agricultural program (AKG).
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CIB Group after-tax profit falls HUF 23.5bn to HUF 4.7bn last year Hungary's CIB Group posted consolidated after-tax profit of HUF 4.7bn (EUR 17.76m) in 2009, down from HUF 28.2bn in 2008, the bank said.
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Turo Rudi strongest brand name in Hungary The delicious, delectable curd-based dessert Pottyos Turo Rudi is the strongest brand name in Hungary, the business weekly Figyelo reported in its most recent edition. The weekly cited the results of a representative survey carried out by B&P Braun & Partners and GfK Hungaria.
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Commission publishes the new EU Organic Logo The new logo for organic products has been published by the European Commission in the Official Journal of the European Union. It will become obligatory from 1 July 2010 and will appear on the market over a transition period of two years.
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Hungary general government deficit 4.0pc of GDP in 2009 Hungary ran a ESA95 general government deficit of HUF 1,035bn or 4.0pc of GDP in 2009, the Central Statistics Office (KSH) said. The figures are Maastricht-conform preliminary figures based on national account statistics.
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World deforestation decreases World deforestation, mainly the conversion of tropical forests to agricultural land, has decreased over the past ten years but continues at an alarmingly high rate in many countries, FAO announced.
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Green light for another biomass plant in England Helius Energy plc, a company established to develop, install and operate biomass fired renewable electricity generation plants, has welcomed consent for its Avonmouth Dock biomass plant, which comes after a recent spate of approvals for other biomass plants across England.
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Public opinion in the European Union on agricultural policy European citizens broadly support the new aims of agricultural policy as conducted at European Union level and a majority are in favour of maintaining its budget.
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Hungary wants agreement on future of CAP during joint EU presidency The Spanish-Belgian-Hungarian European Union presidency would like to see an agreement reached by EU member states on the future of the common agricultural policy (CAP) tools by the end of the Hungarian presidency in the first half of next year at the latest, Hungarian Minister of Agriculture Jozsef Graf said in Brussels after a meeting of EU farming ministers.
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Husceh companies sell 15.000-20.000 tonnes of smoked-meat products at Easter The small and medium-sized companies belonging to the Association of Meat Producers and Distributors (Husceh) are expected to sell 15.000-20.000 tonnes of smoked-meat products before the Easter holidays, Husceh President Zoltan Babati said.
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Farmers face off with chemical maker over rice Researchers at Ghent University in Belgium set out nearly 20 years ago to do what seemed like a good thing for farmers — create a strain of rice that could withstand a popular herbicide that kills weeds in the fields.
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Hungary unemployment rate jumps to 11.4pc in Dec-Feb Hungary's average unemployment rate was 11.4pc in the 15-74 age group in December-February, up sharply from 10.8pc in November-January, the Central Statistics Office (KSH) said. After unchanged rates of 10.5pc in the autumn, the three-month average rate rose to 10.8pc in November-January.
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Sugar-hungry yeast to boost biofuel production Engineering yeast to transform sugars more efficiently into alcohols could be an economically and environmentally sound way to replace fossil fuels, say scientists presenting at the Society for General Microbiology's spring meeting in Edinburgh.
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Central bank cuts base rate 25bp to 5.50pc The National Bank of Hungary's Monetary Council decided to reduce the base rate by 25bp to 5.50pc - a new historical low - at a meeting.
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China to double distiller’s grain imports China’s feed mills may double imports this year of dried distillers grains with soluble. Also soybean and palm oil imports are up compared to last year.
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Agricultural production declines 10pc in Hungary last year The volume of agricultural production declined 10pc in Hungary last year, the Central Statistics Office (KSH) reported. Hungary's grain yield was 13.5m tons in 2009, down from 16.8m tons in 2008.
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No plans for EU minimum wage, Hungarian employment commissioner says There will be no EU minimum wage either in Hungary or in any other member state for at least a while, Hungary's European Commissioner for Employment, Social Affairs and Inclusion Laszlo Andor said.
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Household gas prices to rise 10.1pc from April 1 in Hungary End-user gas prices for households, small consumers and public institutions will rise 10.1pc on average from April 1, the Hungarian Energy Office (MEH) said.
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Cargill to delist palm oil supplier Sinar Mas Agribusiness giant Cargill Inc threatened to delist Indonesian palm oil firm Sinar Mas as a supplier if it fails to address allegations of illegal logging lodged by Greenpeace.
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Mil-Power begins construction of HUF 1.1bn biogas plant Mil-Power Bioenergetikai Kft has recently begun construction of a HUF 1.1bn (EUR 4.17m), 1MW biogas power-plant in Pusztahencse (C Hungary).
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World congress debates global imperatives Eminent speakers from five continents will be at the meeting in Mexico in April that has emerged as a truly world event on the twin global imperatives of food security and food safety.
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EU court rejects appeal to register "HUNAGRO" The European Union's General Court on Wednesday ruled the Hungarian canned fruit and vegetable trade mark HUNAGRO cannot be registered because of its similarity to the existing trade mark UNIAGRO.
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Hungary meat companies increasingly rely on imports to retain export markets The number of hogs raised in Hungary is around 3.2m, falling considerably from around 5m in 2004, the year of the country's EU accession, Meat Product Council (VHT) Secretary Mrs Laszlo Menczel said.
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Hungary's GDP to stagnate in 2010 - GKI Hungary's GDP will likely stagnate for the full year in 2010, but the economy could grow slightly in the second half of the year, economic think- tank GKI said in a fresh forecast published.
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Pepsi Co lose trademark for design The European Court of Justice (ECJ has ruled that Pepsi Co.'s 'tazos' designs are not distinct enough to warrant protection as a community design, following an appeal against a decision by the EU's Office of Harmonization for the Internal Market (OHIM).
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Arabs explore massive phosphate project Saudi company Ma’aden is studying a significant expansion of its phosphate activities involving the exploitation of a second major phosphate deposit in the north of Saudi Arabia.
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Phylaxia, Alpha-Vet to raise capital at JV by HUF 80m Veterinary products company Phylaxia 1912 Holding said shareholders decided to raise capital at Phylaxia Pharma, its joint venture with Alpha-Vet, by HUF 80m to HUF 100m.
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Hungary lamb exports seen falling 20pc in 2010 Hungarian lamp exports are expected to fall about 20pc in 2010 from the usual 180,000-200,000 because of an early Easter holiday, declining stock and higher feed prices, lamb product association head Arpad Bator said.
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Hungarian companies plan bio-algae plant Three Hungarian companies - Green Capital, the Gyor Distillery and INTELCOM Engineering - have signed a letter of intent on establishing a bio-algae plant and research facility in the country, Green Capital CEO Istvan Ori said.
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New agent for Norel in France Spanish additives and raw material for animal feed supplier Norel has appointed the company Erebus as its new agent for the French market.
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Fruit crop seen falling again after "difficult year" in 2009 Hungary's fruit harvest is expected to fall this year from 2009, which was a "weak, bad and difficult year", Jozsef Szabo, chairman of fruit growers association FruitVeb told.
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Vincze Cellars banned for three years from using Hungary's Vincze Cellars, one of the Eger wine growing region's best known names, has been prohibited for three years from using the "Eger" declaration of origin, head of the Eger region's vintner's association Jozsef Tarsoly told.
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Renewable energy from palm oil waste Sabah’s palm oil industry produces enough waste to generate up to 700MW of electricity, an American energy researcher said. Dr Daniel M. Kammen (on the picture) said the figure was based on the 2008 palm oil production statistics and conservative growth estimates.
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Are you ready for REACH? In 2010 a new regulation concerning declaration of dangerous materials (REACH) will be put in place in the EU. Adifo has adapted its software program Bestmix with a REACH module to deal with this administrative burden.
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Brazil grain production on track for record crop Brazilian Minister of Agriculture, Livestock and Food Supply Reinhold Stephanes stated that Brazil's 2010 grain harvest is on track to meet historic 2007-08 crop levels.
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Farmgate prices for eggs set to rise just HUF 1-2 before Easter Farm gate prices of eggs will probably rise by just HUF 1-2 in the coming weeks as consumers are unlikely to pay much more for their Easter eggs, business daily Vilaggazdasag reported.
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Pork producers shy away from DDGS A Saskatchewan based feed consultant says swine producers are shying away from dried distillers grains with solubles in favour of the more traditional locally produced feed ingredients to improve carcass quality, reports Bruce Cochrane from Farmscape.
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France: Sharp decline in animal feed production For the French feed industry the year 2009 was marked by a steep decline of 5.9% in animal feeds. Poultry feeds have least decreased. With a decline of 10.2% the biggest drop was seen in cattle feed (beef and dairy).
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Livestock to lead US agriculture recovery The livestock sector can lead the US agricultural economy to higher net farm income, assuming the farm economy benefits from a recovery in the general US economy, according to the latest baseline projections from the University of Missouri's Food & Agricultural Policy Research Institute (FAPRI).
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Commission call for tenders on renewable energy The aim of this study is to analyse the actual contribution of renewable energy produced on-farm to the overall EU targets on renewable energy and greenhouse gas emissions reduction, as well as its potential in the medium-term.
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Tetra Pak Hungaria revenue reaches HUF 7.4bn in 2009 The Hungarian unit of Swedish packaging giant Tetra Pak had revenue of HUF 7.4bn (EUR 28m) in 2009.
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Euro-MPs opt for clearer food labelling rules The European Parliament's Environment Committee approved draft legislation on clearer and more informative new food labelling rules which require new information on energy content and nutritional value. The Environment Committee MEPs approved the report drafted by Renate Sommer with 52 votes in favour, 2 against and 5 abstentions after voting on almost 800 amendments.
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Bulgaria struggles with GMOs The Genetically Modified Organisms (GMO) Act has caused a stir in Bulgaria, prompting parliamentary debates and public protests about lifting the country's five-year ban on GMOs.
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Bird flu outbreak in Romania, EU's first in a year The first outbreak of the deadly H5N1 bird flu in Europe for a year has been identified in a backyard poultry farm in Romania, the European Commission said.
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Brussels tells to pay back misused farm aid Twenty EU nations, must pay back a total of 346.5 million euros (476 million dollars) in "unduly spent" farm subsidies, said the European Commission.
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Evaluating carbohydrate sources for dogs Brazilian scientist conducted a digestibility study to determine the nutritional value of broken rice, high oil maize, millet, sorghum, maize germ, rice bran and wheat bran as ingredients for dog foods.
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Feed manual to be launched at Cancun congress At the global Feed & Food Congress held in Cancun, Mexico in April an international Feed Manual for producing safe feed and food will be introduced.
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World feedstuff supply and demand estimates The World Agricultural Supply and Demand Estimates (WASDE) report gathers information from a number of statistical reports published by USDA and other government agencies. Outlined here are March data for wheat, coarse grains, and oilseeds.
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Hungarian farm gate prices rise first time since August 2008 in January Farm gate prices in Hungary increased 3.6pc in the twelve months to January 2010 after 16 months of decline, as crop prices rose 7.5pc and livestock and animal product prices fell 2.3pc in the period, the Central Statistics Office (KSH) reported.
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Zero-tolerance still holds EU feed imports in straitjacket The European Union faces renewed disruption to animal feed supplies this year unless policymakers find a rapid solution to traces of genetically modified organisms in soy imports, industry groups have warned, Reuters reports.
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Tetrabbit expects revenue to jump 10pc this year Hungarian rabbit-meat company Tetrabbit expects revenue to jump to HUF 4.4bn (EUR 16.5m) in 2010, up from HUF 4bn in 2009, Tetrabbit CEO Zsolt Csuvar said. Tetrabbit slaughtered 2.1m rabbits last year, up 70pc yr/yr, the company CEO added.
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Supermarket chain Coop sets up financial unit Hungarian supermarket chain Coop has established a financial company to help with financing at group level and bring its customer loyalty card programme to stores across the country, CEO Laszlo Muranyi said.
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MEHIB can insure exports with less than 50pc Hungarian content Hungary's export credit insurance company, MEHIB can now insure exports with less than 50pc Hungarian content in cases of national interest according to a government decree applicable from March 16, and published in the latest issue of official gazette Magyar Kozlony.
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Cerbona revenue slips to HUF 10.3bn in 2009 Hungary's Cerbona had revenue of HUF 10.3bn in 2009, down from HUF 11.1bn in 2008, the food company said.
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Jarai: Hungary could join eurozone in 2015-2016 Former finance minister and central bank governor Zsigmond Jarai told a meeting of Hungarian industrialists association MGYOSZ on Tuesday that Hungary could realistically adopt the euro in 2015 or 2016.
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Kaposszekcsoi Mezogazdasagi to begin operation of HUF 1bn biogas plant The Kaposszekcsoi Mezogazdasagi Zrt will begin operation of a HUF 1.06bn (EUR 3.98m) biogas plant in southeastern Hungary at the end of March or beginning of April, company CEO Nandor Papp said.
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Hungary industrial output rises in January Hungary's industrial output rose an unadjusted 3.4pc and a workday-adjusted 5.7pc in the twelve months to January 2010, said the Central Statistics Office (KSH). The increases were from a low base. Output also rose, however, sharply from December after two months of decline.
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Africa organic export drive Nearly 5 000 West African farmers are now able to take advantage of the growing popularity of organic foods in industrialized countries thanks to a $2.4 million German-backed FAO programme that has helped them meet necessary certification and other requirements.
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Company update: Andritz, Austria Austrian high-technology machinery maker Andritz AG reported cost cutting helped it to post an 8.5% rise in fourth-quarter net profit, reversing three consecutive quarters of declines, and said savings and restructuring measures will propel earnings higher in 2010.
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Coop Hungary revenue inches up to HUF 510bn in 2009 Hungarian-owned supermarket chain Coop Hungary had revenue of HUF 510bn in 2009, up about 2pc from the previous year at current prices, CEO Laszlo Muranyi (on the photo) said.
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Hungary opens new trade office in China Hungary has opened a new trade office in Chongqing, China, in order to boost bilateral trade, ITD Hungary said.
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Competition Office approves Bonafarm takeover of Herz Hungary's Competition Office (GVH) said it approved the takeover of the troubled Herz Salami Factory by Bonafarm, a company owned by food industry magnate Sandor Csanyi (on the photo).
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Lamfalussy: Euro good to Hungary Hungary would benefit from the introduction of the euro, but only after "the operation of the economy became normal and the exchange rate stabilised", former head of the European Monetary Institute Sandor Lamfalussy said.
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Tokaj winegrowers expect gov't to take measures to protect name Winegrowers in Hungary's Tokaj region expect the government to take firm steps with regard to use of the Tokaj name, local winegrowers association head Ferenc Marcinko said after reports Slovakia had registered the name for wine grown in its own part of the region.
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Cherry harvest reaches 62,000 tonnes; farm gate prices plunge Hungary's cherry farmers harvested 62,000 tonnes of crop in 2009, most of which was exported, chairman of the Hungarian Cherry Growers Association Laszlo Hegedus said.
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Retail food market turnover in Hungary stagnates Hungary's retail food market was worth about HUF 1,300bn in the twelve months to the end of January, level with the amount in the previous twelve-month period, data from market research company Nielsen shows.
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Hungary's next gov't to apply for extension of moratorium on farmland purchases by foreigners Hungary's next government will apply to the European Union for an extension of the moratorium on purchases of farmland by foreigners, chairman of Parliament's agricultural committee Sandor Font, a member of opposition Fidesz, which is tipped to win general elections in April, said.
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Morahalom local council, business partners to build HUF 2.5bn four-star hotel The local council of Morahalom (S Hungary), together with business partners, plans to build a four-star hotel for HUF 2.5bn, supported by HUF 512m in European Union funding, mayor Zoltan Nogradi said.
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Two Slovenian products registered as 'Traditional Speciality Guaranteed' The European Commission added the Slovenian cake "Prekmurska gibanica" and bread "Belokranjska pogača" to the list of 'Traditional Speciality Guaranteed' under the European Union's quality labelling scheme.
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Hungary 2009 trade surplus revised down to EUR 3.98bn Hungary had a EUR 375m trade surplus in December and posted a EUR 3.979bn trade surplus in the full year of 2009, the Central Statistics Office said in a second reading published.
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Analysis-EU grain farmers brace for life without safety net European grain farmers canexpect volatile prices after Brussels partially removes a safety net in May, and cannot readily switch to other crops and will have to deal with market forces as best they can.
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Biotechnologies should benefit poor farmers in poor countries The focus of modern and conventional biotechnologies should be redirected so as to benefit poor farmers in poor countries and not only rich farmers in rich countries, said FAO.
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EU clears GMO potato and maize The European Commission approved five genetically modified crops on Tuesday. It might let EU countries decide whether or not they grow GM crops on their soil. For the first time in 12 years a crop was approved for cultivation.
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Hungary hog stock stops shrinking The number of hogs in Hungary rose slightly in 2009 after falling since the summer of 2008, Hungarian Meat Industry Association head Tamas Eder said at a conference in Budapest.
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Austrian Andritz to acquire German KMPT Austrian technology and industrial company Andritz is planning to buy German solid/liquid separation company KMPT AG.
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Linamar Hungary 2009 profit plunges 54pc as revenue falls faster than costs Automotive parts and farm machinery maker Linamar Hungary's net income dropped 53.6pc to HUF 330m in 2009 as revenue fell faster than costs and financial expenses grew, the company's IFRS report for the period published.
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EU and Vietnam To Launch Free Trade Negotiations The EU and Vietnam have agreed to launch bilateral Free Trade Agreement (FTA) negotiations following a meeting between EU Trade Commissioner Karel De Gucht (on the photo) and Vietnamese Prime Minister Nguyen Tan Dung in Hanoi.
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Solum inaugurates HUF 510m potato plant, dairy expansion Hungarian food industry company Solum inaugurated two European Union-supported investments worth a combined HUF 510m.
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Organic farming in the EU between 2005 and 2008 Organic farming 1 in the EU27 covered 7.8 million hectares in 2008, up by 7% compared with 2007. Over a longer time period, the data available for the EU25 show an increase of 21% in the total organic area between 2005 and 2008.
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EU clears BASF's GM Amflora potato for cultivation The European Commission approved a genetically modified potato, Amflora, for commercial cultivation in the European Union, marrking the bloc's first GM cultivation approval in 12 years.
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China Shrub Shows Biofuel Promise China's poisonous jatropha shrub is showing promise as biofuel and could boost the country's efforts to reduce dependency on imported crude oil.
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"Use genetic means to raise output" Two days after the government’s decided to put commercial cultivation of Bt brinjal on hold, leading global seeds firm Dupont said genetic resources from plants need to be harnessed well to provide food to millions. Speaking to FE, William S Niebur (on the photo), DuPont vice-president, Crop Genetics Research and Development said there is a need to use genetic resources available to further food production.
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Biofuel Options Expand as Science Taps New Sources Scientists are making progress in developing biofuels with a range of methods and an assortment of feedstocks.
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Afgri, South Africa JSE-listed agricultural services group Afgri intends to more strongly focus on Africa and expand its poultry business in South Africa. It will sell its Australian John Deere business, which supplies agricultural equipment.
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Pet industry is booming despite crisis The American Pet Products Association's annual survey says overall spending in the pet industry – including food, supplies, veterinary care, live animal purchases and other services such as grooming, boarding and pet sitting – grew by 5.4% from $43.2 billion in 2008 to a little more than $45.5 billion in 2009.
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Plans for Pilot Biofuel Plant in Sierra Leone Solidified Tseai Energy Unlimited, an early-stage company that develops biofuel-generating agricultural processing plants to bring electricity to underdeveloped countries and boost their economies, has announced that its team is traveling to Sierra Leone to lay the foundation for its first pilot program.
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Indian non-GM soy meal alternative for Europe Indian soy meal exporters could see sales to the European Union surge to 3 million tonnes in the next three years from a standing start as the 27-nation block seeks more non-GM varieties.
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Erste Bank Hungary 2009 profit drops 47pc Erste Bank Hungary, the Hungarian unit of the Vienna-based Erste Group, had net profit of EUR 57.9m in 2009 not counting minority holdings, down 47.1pc from EUR 109.5m in 2008, Erste bank announced.
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Hungary investment volume falls 11pc in Q4, 8.6pc Investment volume in Hungary dropped 11pc year-on-year in the fourth quarter of 2009, bringing the full-year decline in 2009 to 8.6pc, figures published by the Central Statistics Office (KSH). Sharp declines in the business sector were tempered by investments in the budget-funded sector.
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Hungary unemployment rate rises to 10.8pc in Nov-Jan Hungary's average unemployment rate was 10.8pc in November-January, said the Central Statistics Office (KSH). In October-December the rate was 10.5pc, unchanged from September-November.
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European Court rejects complaint by Hungarian fruit company The European Court rejected a complaint by Hungarian fruit processor Sio-Eckes that some of its canned products were not eligible for EU support because they did not meet the definition of "peaches in syrup and/or in natural fruit juice".
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Hungary freight volume drops 11.9pc in 2009 Freight volume in Hungary dropped 10.4pc to 77.2m tonnes in Q4 from the same period a year earlier, bringing the full-year decline to 11.9pc, said the Central Statistics Office (KSH). Calculated in freight-tonne-kilometres, performance rose by 4pc in Q4 since Q2 2008.
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Former central bank chief calls for structural reforms Hungary's former central bank governor and finance minister Zsigmond Jarai called for structural reforms and cuts in state spending at an economic forum.
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Hungarian agriculture fell 10-11pc in 2009 Hungary's agriculture will probably stagnate this year, after volumes of agricultural production have fallen 10-11pc last year according to preliminary figures, head of AKI, a private agricultural research institute, Gabor Udovecz said.
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Bonafarm revenue reaches EUR 550m in 2009 Hungarian food company Bonafarm had revenue or EUR 550m in 2009 and it expects turnover to reach this level in 2010 too, chairman-CEO Attila Csanyi said at a press conference.
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Hungary retail sales drop slows to 7.4pc in December Retail sales volume in Hungary fell a calendar year-adjusted 7.4pc in December slowing from a 7.8pc decline in November, said the Central Statistics Office (KSH).
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International meeting for fruit sector The specialised Fruchtwelt Bodensee in Friedrichshafen, Germany offered an international communication and information platform to 16,250 fruitgrowers, farmers and beerbrewers from all over Europe. Because of the central position of the Bodensee there were a large numder of visitors to the topfruit sector from Western and Eastern Europe.
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EU Healthy Eating Campaign Four young Europeans proved their excellent knowledge on balanced diet and healthy lifestyle by answering successfully all questions of the on-line Treasure Hunt game, in the framework of the EU Healthy Eating Campaign, "The Tasty Bunch".
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USDA projects high crop prices The US Department of Agriculture has recently released its ten-year outlook, this time stretching to 2020. Steady growth of crop demands is projected with historically high prices. In livestock further growth is expected, but strong figures as in the past years will not be reached.
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FAO: Towards a more sustainable livestock sector Urgent investments, major agricultural research efforts and robust governance are required to ensure that the world's livestock sector responds to a growing demand for animal products and at the same time contributes to poverty reduction, food security, environmental sustainability and human health.
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NBH forecasts 0.2pc GDP decline, 4.4pc CPI for 2010 The National Bank of Hungary (NBH) forecasts Hungary's GDP to inch down 0.2pc in 2010 and it puts average annual inflation for the year at 4.4pc, the bank said, citing the main figures of its fresh quarterly inflation report to be published.
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Central bank cuts base rate 25bp to 5.75pc The National Bank of Hungary's Monetary Council decided to reduce the base rate by 25bp to 5.75pc - a historical low - at a meeting. The cut was in line with expectations, in light of inflation prospects, global appetite for risk and financial stability.
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Implications of sorghum in broiler chicken nutrition Sorghum is a common grown grain in Australia. Due to some antinutritional factors it is not much appreciated in chicken feeds. Kafirin seems to be the main problem.
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"We need an extensive public debate for a reformed, better tailored CAP" The new Commissioner for Agriculture and Rural Development, Mr. Dacian Cioloş has taken his first official trip in his new capacity to Spain – the country that holds the Presidency of the EU Council for the first half of the year.
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Pacific BioEnergy and GDF SUEZ Announce Partnership Pacific BioEnergy Corporation and GDF SUEZ announced that they have entered into a strategic partnership to support a $24 million expansion of Pacific BioEnergy's existing wood pellet production facilities in Prince George, BC.
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Prof. Conway: Farmers should embrace GM One of the world’s leading agricultural scientists has said that organic farmers should embrace GM. But his views have been rejected by GM Freeze - an organisation which has the support of the Soil Association, Friends of the Earth and the Organic Research Centre.
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Crisis cuts Hungary business sector employment by 6.7pc Employment in Hungary's business sector fell by a steep 6.7pc last year. This was just the third contraction in more than a decade, and its scale far exceeded the 0.7pc drop in 2002 or the 0.1pc slip in 2007.
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Hungary's gross wages unchanged in December 2009 Gross wages in Hungary were unchanged yr/yr in December 2009 and rose 0.5pc in 2009. Real wages fell 2.4pc last year, and the number of employees fell 3.7pc, the Central Statistical Office (KSH) reported. Regular wages rose more than overall wages did as employers saved on bonuses rather than base salaries.
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Single-party gov't would give economy great opportunity, says opposition head The establishment of a single-party government after general elections would open the way to enormous opportunity for the Hungarian economy, Viktor Orban, head of opposition Fidesz, told members of the Hungarian Industry of Trade and Industry (MKIK) on Thursday.
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Ag department to help farmers, world hunger with $1.75 million With $1.75 million from a new research grant, professors and students from the College of Agricultural Science are ready to tackle world hunger.
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Gov't freezes stability reserves The government has frozen stability reserves in the 2010 budget and agreed to make a decision on using them only if revenue from tax and contributions exceed the targets in the budget act by at least 2pc, a decree published.
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Grow rice now with half the water An innovative rice cultivation method is helping farmers increase production while halving the water requirement.
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Sano continues leading supplementary feed market For German based Sano Animal Nutrition 2009 was a good year; €350 million turnover and sister company established in China with further new hires foreseen.
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EU members support Hungary deficit-reduction measures European Union member states ensured their support for fiscal tightening Hungary is undertaking to bring its general government deficit under the required EU threshold at a meeting of Ecofin in Brussels.
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Hungarian farm gate prices drop 9.5pc in 2009, terms of trade worsen 3.9pc Farm gate prices in Hungary 9.5pc in 2009 as crop prices fell 12.7pc and livestock and animal product prices fell 4.6pc on 2008, the Central Statistics Office (KSH) reported.
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44,000 tonnes of GM maize consumed in Romania, in the latest 3 years Romanian farmers who cultivated genetically modified maize over 2007-2009 succeeded to obtained a total harvest of about 44,000 tonnes, according to the Ministry of Agriculture and the National Agency for Environmental Protection.
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IMF-EU delegation gives Hungary good marks Hungary's government has taken sufficient measures to stabilise the economy, but a strict fiscal policy as well as maintaining risk reserves is still necessary, and further measures must be taken in 2011 to bring the general government deficit under 3pc of GDP, IMF delegation head James Morsink (on the photo) said.
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Ethanol production fuels grain use Figures released by the International Grains Council (IGC) have sparked another warning in the food versus fuel debate for global grain use and production. The IGC statistics indicate global industrial grains usage in season 2009-10 will reach a record 257 million tonnes.
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Packaging waste volume falls because of crisis The volume of packaging waste generated in Hungary fell in 2009, for the first time in 15 years, as a result of the economic crisis, Gyorgy Viszkei, managing director of OKO-Pannon, which organises selective waste collection across the country said.
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A view on health risks associated with contaminants in minerals by David Byrne (on the photo) SC Former EU Commissioner for Health & Consumer Protection
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Copa-Cocega support fight against mycotoxins in cereals European farmers united in Copa and Cogeca participated at the European Forum on mycotoxins in cereals on 1st and 2nd February 2010, in order to emphasise farmers’ commitment to reducing the presence of mycotoxins in feed through the use of best available techniques.
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FinMin bumps up full-year deficit target The Finance Ministry said it raised its 2010 cash flow-based budget deficit target to HUF 878.9bn from HUF 870.3bn, but the new target is still equivalent to 3.3pc of GDP.
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OECD sees Hungary deficit reaching 4.1pc of GDP in 2010 The OECD projects Hungary's general government deficit could reach 4.1pc of GDP in 2010 in a survey, over the 3.8pc government target.
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Monetary Council votes 6:3 for 25bp rate cut at Jan meeting The National Bank of Hungary's Monetary Council voted 6:3 to reduce the central bank base rate by 25bp to 6.00pc at a meeting on January 25, the condensed minutes of the meeting published.
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EU economic strategy must be built on solidarity The European Union's new ten-year economic strategy, EU2020, must be built on solidarity for other member states and an increased sense of national responsibility to help achieve common goals, Prime Minister Gordon Bajnai said in a letter to EU leaders.
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Alternative crop draws wide interest A second meeting to test interest in growing an alternative crop drew a wide variety of response at the Malheur County Extension Office. Representatives from a company that processes soybeans for biofuels and feed said they would be interested in locating a processing facility in Ontario if there is enough acreage to support it.
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BASF and Embrapa's soybeans received approval in Brazil Embrapa, the Brazilian Agricultural Research Cooperation, and BASF’s jointly developed herbicide-tolerant soybeans were green-lighted on December 10 by CTNBio.
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Trade surplus raises to EUR 4.57bn December 2009 Hungary had a EUR 375m trade surplus in December, smaller than the EUR 410m surplus in November, the Central Statistics Office said in a first reading published on Tuesday. Exports rose for the first time since September 2008, and import contraction slowed further, both from a low base.
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Why farmers cottoned on to Bt The best advertisement for Bt brinjal is said to be the agronomic success of Bt cotton, the only genetically modified crop to have so far been commercially cultivated in India.
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New logo selected for all EU organic products The European Commission today officially announced the winner of the EU organic logo competition. Over the past two months, some 130,000 people have voted online to choose the new organic symbol from three finalists.
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State aid: up to €15,000 to hungarian farmers The European Commission has authorised under State aid rules a Hungarian scheme worth some EUR 18.2 million (HUF 5000 million) aimed at supporting farmers who encounter difficulties as a result of the current economic crisis.
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Biomass trade & power conference in Rotterdam Global demand for Biomass (Agricultural and Forestry Residues, Energy Crops and Wood Pellets) is rapidly growing especially in Europe, where EU 2020's target for renewable energy (20% in gross energy consumption), is driving this growth.
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Obama to outline biofuels strategy President Barack Obama will outline a government strategy to boost development of U.S. biofuels and address their environmental challenges, an administration official said.
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Hungary's next gov't must renew central bank, market watchdog Hungary's next government will need to renew the country's central bank and financial supervision to get the economy out of crisis, head of main opposition party Fidesz Viktor Orban said in a speech assessing the state of the country.
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Hungary general gov't runs HUF 31.3bn surplus in January Hungary's general government, excluding local councils, ran a cash flow-based HUF 31.3bn surplus in January, the Finance Ministry said in a preliminary report. The Finance Ministry projects a first-quarter general government deficit of HUF 651.3bn, or 75pc of the full-year deficit target.
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Experts unsure of long-term health effects of Bt brinjal The approval to genetically modified (Bt) brinjal seems to have been been given without adequately assessing long-term health risks, although with a stipulation that surveillance and long-term follow up should be conducted — two conditions that experts are aware have not been fulfilled even in the case of some critical drugs.
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Takarekbank expects Hungary's GDP to grow 0.3pc this year, 2.9pc in 2011 Takarekbank expects Hungary's GDP to grow 0.3pc in 2010 and 2.9pc in 2011, Takarekbank Senior Analyst Gergely Suppan (on the photo) said. Hungary's government projects GDP contraction of 0.3pc in 2010.
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IMF, EU delegations start review of Hungary's financial-support package Delegations from the International Monetary Fund and the European Commission on Wednesday began the latest reviews of a EUR 20bn financial support package Hungary was granted in November 2008. The quarterly review is the fifth by the IMF and the fourth by the European Union.
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ARS researchers develop method to speed up breeding of scab-resistant barley cultivars Agricultural Research Service (ARS) scientists have developed an efficient and cost-effective method to speed up the breeding of scab-resistant barley cultivars, thus improving crop quality for small-grain breeders in the Northern Plains.
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Members of IMF, EU delegations arrive in Budapest for review Members of a delegation from the International Monetary Fund and the European Commission arrived in Budapest on Wednesday for a review of a financial market support package the country was granted in the autumn of 2008, after its bond market locked up.
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Ecostat TOP 100 index rises to 71.8pc Ecostat's TOP 100 measure of confidence of Hungary's biggest hundred companies rose 3 percentage points to 71.8pc in January from 68.6pc in December, revealing a slight improvement in business expectations. The SME index rose 7 percentage points to 67.8pc after falling in December, Ecostat said.
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Researchers fight world hunger by mapping the soybean genome In 2009, soybeans represented an almost $30 billion industry in the U.S. alone, making soybeans the second-most profitable crop next to corn.
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Chinese government highlights seed industry development in 2010 The Chinese government's first policy document of this year provides detailed guidance for the development of the domestic seed industry, suggesting the government will be paying a lot of attention to the industry.
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Hungary November trade surplus EUR 410m Hungary had a EUR 40.9.5m trade surplus in November 2009, hardly changed from a preliminary EUR 411m surplus and down from a EUR 471m surplus in October, the Central Statistics Office said in a second reading published. Trade volumes rose from year-earlier levels for the first time since September 2008.
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€5 billion in total injected into rural development programmes Rural development: €5 billion in total injected into rural development programmes following last vote on Health Check and Recovery package changes.
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The case of the mysterious seafood An unknown percentage of the fish we eat isn't what's it's purported to be – FAO meeting explores how forensic techniques could help address the problem.
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PMI 53.5, reflects growth first time since August 2008 Hungary's seasonally-adjusted Purchasing Managers Index (PMI) grew a sharp 4.4 points to 53.5 in January from December, showing growth in the manufacturing sector for the first time since August 2008, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which publishes the index, said.
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Papai Hus to make HUF 500m technological investment this year Hungarian meat company Papai Hus 1913 Kft will make a HUF 500m (EUR 1.83m) investment in 2010 to modernize its production technology, company CEO Jozsef Politzer said.
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Divisions appear as GM canola is sanctioned West Australian farmers can now grow genetically modified canola after the State Government lifted a ban on the crop. The government has labelled a 12-month trial a success and says WA will now join New South Wales and Victoria where GM canola has been grown commercially since 2008.
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About Hungary's convergence report projects - FinMin Hungary's convergence report envisages a 0.3pc contraction in Hungary's GDP for 2010, GDP growth of 3.7pc for 2011 and GDP growth of 3.8pc for 2012, the Finance Ministry said on its website. Last year, GDP contracted by 6.7pc.
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Hungary unemployment: the extra number - AND THESE ARE ONLY THE REGISTRATED! Hungary's average unemployment rate was 10.5pc in October-December, unchanged from September-November, the Central Statistics Office (KSH) said. Analysts see unemployment stabilising in Hungary.
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Hungary will not introduce Single Payment Scheme in 2010 Hungary will not adopt the European Union's Single Payment Scheme (SPS), a subsidy system for farmers, this year, Agriculture Minister Jozsef Graf said.
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Monsanto to Esteblish Facilities at North Carolina Research Campus Center’s Focus Reflects Monsanto’s Collaborative Approach To Research In Developing New And Improved Plant Varieties
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Key gene helps plants adapt to climate change A group of researchers from the UK has discovered through genetic experiments how plants control their development through their response to changing temperatures.
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Gov't sees smaller, 0.3pc economic contraction in 2010 The government has changed the GDP projection for 2010 from a 0.6pc contraction in the previous update of its convergence programme to a 0.3pc fall in the new update, Finance Minister Peter Oszko said.
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Statement by Mariann on provisional farm income figures I note with great concern that provisional figures for farm incomes per worker in 2009 show a decline of 12.2 percent across the EU as a whole. Clearly, the economic crisis has had a very serious effect on our farmers, with lower demand and relatively high production costs.
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Competition Office fines Penny Market for unfair business practices Hungary's Competition Office (GVH) on Wednesday said it fined discount supermarket chain Penny Market HUF 33m for unfair business practices in two sales campaigns.
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Gov't reviews ways to compensate for annulled property tax The government will review budget reserves and budget chapters in the coming weeks to find ways to meet the deficit target after the Constitutional Court annulled parts of a new property tax affecting homes, Prime Minister Gordon Bajnai said.
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Monsanto Named by FORTUNE Magazine as One of “100 Best Companies to Work For” The February 8 issue of FORTUNE Magazine is scheduled to arrive on newsstands today featuring the business publication’s annual listing of the “100 Best Companies to Work For.” Agricultural leader Monsanto Company (NYSE:MON) has been named to the list; ranking 59th overall and 22nd among the largest companies named to the list. Monsanto is the only agricultural technology company to make the top 100 list.
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Commission proposes additional out-of-quota sugar Commission proposes additional export of out-of-quota sugar in 2009/2010 due to exceptional market situation. No final quota cut for EU producers.
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Hungary dollar bond launch "very succesful" Hungary's USD 2bn bond offer attracted a "very strong" and high-quality response, a source close to the transaction said. The 10-year government bond was priced at 99.86 with a coupon of 6.25pc and a 265bps spread over the 10-year US Treasury bonds.
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Court rules property tax unconstitutional Hungary's Constitutional Court ruled that a tax on high-value properties introduced at the beginning of the year was unconstitutional.
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Haiti’s post-earthquake rehabilitation begins with farmers Priority is spring planting season as thousands flee, food prices rise. FAO Director-General Jacques Diouf (on the picture) said that with the first stage of Haiti's rescue operation now underway the country and the aid effort should simultaneously move to the urgent support of food production, agricultural rehabilitation and reconstruction.
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More than EUR 44bn in EU funding available for renewable energy About EUR 44.5bn in European funding is available to local governments, institutions and companies for renewable energy and energy efficiency developments this year, Energy Centre Nonprofit managing director Laszlo Bus said.
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Sudy on "Public Goods provided by Agriculture in the EU" The Common Agricultural Policy plays a critical role in helping farmers to deliver environmental goods and services, provided that policies are targeted in the right way. This is the key message of a report published today for DG Agriculture and Rural Development by the Institute for European Environmental Policy.
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KWS And BASF Collaborate To Develop High-Yielding Sugar Beet BASF Plant Science and KWS SAAT AG announced recently a collaboration in plant biotechnology.
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Hungary retail sales drop accelerates to 7.8pc in November Retail sales volume in Hungary fell a calendar year-adjusted 7.8pc in November, accelerating from a 7.5pc decline in October, the Central Statistics Office (KSH) said.
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NBH cuts base rate by 25p to 6.00pc, in line with expectations The National Bank of Hungary's Monetary Council reduced the central bank base rate by 25bp to 6.00pc at a meeting, in line with market expectations.
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Ramesh 'disagrees completely' with Pawar over Bt Brinjal Environment Minister Jairam Ramesh Thursday (on the picture right) took on Agriculture Minister Sharad Pawar (on the picture left) over permitting commercial cultivation of genetically modified brinjal, after Pawar was quoted as saying an expert committee’s clearance to this effect was final.
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Hungary elections pose fiscal risk, but markets watch Hungary's upcoming general elections pose "considerable" risks to the current fiscal path but markets are unlikely to tolerate any fiscal "experiments" by the new government, London-based emerging markets analysts said after President Laszlo Solyom had announced the election dates.
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Hungarian business chamber renews agreement with foreign ministry The Hungarian Chamber of Commerce and Industry (MKIK) and the Foreign Ministry signed a renewed cooperation agreement.
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Soft drink maker Buszesz revenue rises 10pc in 2009 Soft drink and vinegar maker Buszesz estimates its revenue rose 10pc to more than HUF 6bn in 2009, CEO Laszlo Zentai said.
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Scorpion venom harnessed for green pesticides In the quest to find a safer, more environmentally friendly agriculture pesticide, researchers have discovered a powerful candidate in scorpion venom.
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Turkey says "not to allow" GMO import below EU standards Turkish Agriculture & Rural Affairs Ministry stated that it would "not allow" import of any genetically modified organisms which were not appropriate to EU standards.
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Chavez announces new discount 'socialist' stores President Hugo Chavez announced a new chain of government-run, cut-rate retail stores that will sell everything from food to cars to clothing from places such as China, Argentina and Bolivia.
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Ten days left to vote on-line for the new EU Organic Logo Just a few days remain for people to vote in the final stage of the EU organic logo competition. The three final logos will be displayed on the Organic logo competition website until 31 January.
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U.S. corn farmers participating in 2009 biotech endorsement program realized premium savings of $50 million Monsanto Qualifying Hybrids Resulted in Significant Savings to Farmers and Taxpayers
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36th International Fair of Agricultural Machinery FIMA The European Commission will have a stand at FIMA, Zaragoza 2010 with a full programme of events during the five days of the show.
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2010 to be difficult year for Hungary 2010 will be a difficult year for Hungary, but recent austerity measures could be an advantage in 2011, National Bank of Hungary governor Andras Simor said at a conference in Vienna.
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€ 18 million EU support for the promotion of dairy products The European Commission has approved 13 programmes in 11 Member States to promote milk and milk products in the EU. The total budget of the programmes, running for a period of three years, is € 35.8 million of which the EU contributes € 17.9 million.
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DuPont dealt setback on biotech seeds A license agreement prohibits the DuPont Co. from combining a proprietary genetic trait with Monsanto's patented trait for herbicide tolerance, a federal judge has ruled.
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Hungary's economy has to grow faster than EU average After the crisis, Hungary's growth rate must exceed the European Union average by two percentage points if the country's economy is to be competitive and attract investors, Prime Minister Gordon Bajnai said at a conference in Vienna.
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Hungary gross wages continue to fall in November Twelve-month gross wages in Hungary fell 3.0pc in November, dropping for the second month in a row, the Central Statistics Office (KSH) said.
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Farmers Shatter Corn Production Records on Fewer Acres The final report from USDA on the 2009 corn harvest is one for the record books. Despite poor planting conditions, a cool, wet growing season, and an abysmal harvest that still sees some corn standing in fields, American farmers shattered records for both yield per acre and total production.
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Hungary construction sector output inches down 14.5pc Output of Hungary's construction sector fell 14.5pc according to both adjusted and unadjusted figures in November from the same month a year earlier, accelerating from a decline of 2.4pc in October, the Central Statistics Office (KSH) said.
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Bangladesh trials GM crops Agricultural scientists in Bangladesh are undertaking research to develop genetically modified (GM) varieties of eggplants and potatoes, the country's Daily Star reported.
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Summary of the hearing of Dacian Ciolos The future of the CAP after 2013 and its budgetary aspects, the use of direct payments, the volatility of prices in the food markets and ongoing international negotiations were among the topics raised by MEPs during the hearing of the Romanian Commissioner-designate for agriculture and rural development.
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Industrial output falls 7.0pc in November Hungary's industrial output fell an unadjusted 7.0pc and a workday-adjusted 9.2pc in November from the same month a year earlier, the Central Statistics Office (KSH) said in a second reading. The figures compare to an unadjusted drop of 7.0pc and an adjusted fall of 9.3pc in a first reading published.
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Monsanto: expansion in annual research and development presentations Even as the first two of its High Impact Technologies (HIT) graduate from its pipeline, Monsanto Company (NYSE: MON) is preparing for the next wave of innovation heralded by new and early-stage projects, company leaders will tell investors.
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European Biomass Conference and Exhibition, Lyon, France The 18th European Biomass Conference and Exhibition will be held from 3 to 7 May 2010 in Lyon, France. The conference will be a platform for discussing the outcome of United Nations Climate Change Conference in Copenhagen and national energy strategies.
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Hungary can meet 2010 budget targets if fiscal policy remains tight Hungary can meet the targets in the 2010 budget, but only if it sticks to the current tight fiscal policy, Prime Minister Gordon Bajnai said, answering a question put to him during a visit to financial market watchdog PSZAF.
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Hungary December inflation picks up to 5.6 pc Hungary's twelve-month consumer price inflation accelerated to 5.6pc in December from 5.2pc in November, the Central Statistics Office (KSH) said.
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Ecostat sees industrial output rising in May Ecostat expects the fall in Hungary's industrial output to come to a halt by spring, mainly because of a low base, but its sees retail turnover continuing to fall, the economic research company said in its fresh Mikroszkop report, which offers projections for the month of May.
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Győr: International partnering event The National Office for Research and Technology of Hungary is organising a partnering event entitled 'Creating proposals for transnational research projects - establishing partnerships' on 14 January 2010 in Győr.
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Monsanto, Stokes Bio sign license agreement for innovative gene analysis technology Monsanto Company (NYSE:MON) and Limerick-based biotechnology firm, Stokes Bio Limited, announced today that they have entered into a licensing agreement and R&D collaboration, which is expected to help accelerate the pace of new advancements in plant breeding.
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British researchers develop GM potato A TRIAL to develop genetically modified potatoes that would save British growers more than £40 million a year has been successful, initial results have revealed.
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Fall in farm gate prices slows to 5.2pc in Nov The twelve-month fall in farm gate prices in Hungary slowed to 5.2pc in November from 7pc in October, the Central Statistic Office (KSH) said.
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Hungary CPI close to high end of 5-6pc range, says City Hungary's headline consumer inflation is likely to have gained further momentum last month driven by strong food and fuel price dynamics, accelerating well above 5pc, but is set to plunge below the 3pc target later this year, London-based emerging markets analysts said prior to the release of the December CPI figures.
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Organic farmers must embrace GM crops if we are to feed the world The organic movement should overcome its hostility to genetically modified crops and embrace the contribution that they can make to sustainable farming, one of the world’s leading agricultural scientists has told The Times.
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Oszko sees deficit reaching three-fourths of full-year target in Q1 Hungary is expected to run up HUF 651.3bn of the projected full-year HUF 870.3bn cash flow-based deficit for 2010 in the first quarter of the year, Finance Minister Peter Oszko said.
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Dow AgroSciences, KeyGene Enter Into a Trait Development Agreement Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE: DOW), and Keygene N.V. announced that they have entered into a Trait Development Agreement.
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Hungary cereal harvest drops 18pc in 2009 Hungarian farmers harvested 11.9m tonnes of cereals in 2009, down 17.8pc from 2008, according to preliminary Central Statistics Office (KSH) data published.
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Csaba Kilian to take over as acting head of state trade and investment agency The economy minister has asked Csaba Kilian (on the photo), investment director at the Hungarian Investment and Trade Development Agency (ITD Hungary), to take over as acting head of the agency after director Gyorgy Retfalvi was sacked on Monday, the ministry said.
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Weed issues in United States GM cotton crops A scientific study of the United States' genetically modified cotton crop has found out of control weeds are costing farmers in lost production.
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Future of the CAP: Rural Development Policy Agriculture and Fisheries - Report. The Council held a policy debate on the future of the CAP, with a particular focus on rural development policy (15372/09). The Council debate on the future of rural development policy is the continuation of previous discussions under the Czech and French Presidencies, which focused on the first pillar of the CAP.
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Simplification of the CAP Agriculture and Fisheries - Report. The Council took note of the views expressed by ministers on the Simplification of the Common agricultural policy (CAP) based on a Commission staff working document (16208/09).
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The peace, the European Union and Sudan Declaration by the High Representative on behalf of the European Union on the fifth anniversary of the signing of the Comprehensive Peace Agreement for Sudan on 9 January 2005
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Investment and trade development agency head sacked The economy minister has recalled the head of the Hungarian Investment and Trade Development Agency (ITD Hungary) Gyorgy Retfalvi based on the results of an investigation by the Government Review Office (KEHI) that put his competence in question, the ministry said.
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Hungary trade surplus EUR 411m in November Hungary had a EUR 411m trade surplus at current prices in November, smaller than the EUR 471m surplus in October, the Central Statistics Office said in a first reading published.
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Poland divided over GM crops Despite NGOs protesting legislation possible liberalising the use of GMO crops in Poland, a majority of farmers want access to genetically modified grain.
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Obama administration drops effort to end subsidies to large farms As a presidential candidate, Barack Obama pledged to end subsidies to big farms by supporting a cap of $250,000 that has no loopholes. A prominent part of his rural policy said: "Obama will take immediate action to close loopholes by proposing regulations to limit payments to active farmers who work the land, plus landlords who rent to active farmers.
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Fields of gold offer yet more growth Oilseed rape growers can profitably expand their acreage still further, according to an industry expert – despite to the 2009 EU harvest beating all expectations and a 10 per cent rise in autumn sowings for the 2010 crop.
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Wheat in Nebraska, Kansas Faces Winter Damage Wheat in Nebraska and Kansas, where more than a quarter of the U.S. winter crop is grown, may be damaged by “extreme cold”, said Bob Tarr, an agricultural meteorologist at AccuWeather Inc.
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Drop in industrial output slows further in November Hungary's industrial output fell an unadjusted 7.0pc and a workday-adjusted 9.3pc in November from the same month a year earlier, the Central Statistics Office (KSH) said. The decline slowed from an unadjusted 12.9pc and an adjusted 10.8pc in October.
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ITD Hungary brings EUR 894m to Hungary in 2009. The Hungarian Investment and Trade Development Agency (ITD Hungary) drew EUR 894m in foreign investments to the country in 2009, head of the agency Gyorgy Retfalvi said.
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Hungary international reserves fall EUR 176m to EUR 30.7bn in December Hungary's international reserves stood at EUR 30.676bn at the end of December, down EUR 176m from a month earlier after climbing EUR 441m in November, preliminary National Bank of Hungary (NBH) figures show.
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Ecostat Acceleration Indicator rises for third consecutive month in December The Acceleration Indicator (GYIA), a measure of ten different economic and financial indicators compiled by research institute Ecostat and business daily Vilaggazdasag, rose by 0.14pc in December, increasing for a third consecutive month, although at a slower pace than in November, Ecostat told.
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Monsanto announces record 11 project advancements This year’s annual research and development (R&D) pipeline update marks many firsts for Monsanto Company (NYSE:MON).
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Hungary unemployment rate rises to 10.5pc in Sep-Nov Hungary's average unemployment rate rose to 10.5pc in September-November from 10.4pc in August-October, reaching a level not seen since 1994, the Central Statistics Office (KSH) said.
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Hungary general gov't runs bigger-than-expected HUF 205bn surplus Hungary's general government had a cash flow-based surplus of HUF 205bn in December, well over the expected HUF 135bn surplus, the Finance Minister said in a preliminary report.
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Hungary general gov't net borrowing 3.8pc of GDP in Q3 Hungary had an ESA '95 general government deficit of HUF 243bn in Q3, or 3.8pc of GDP in the period, up HUF 132bn or 2.1 percentage points from the same period a year earlier, the Central Statistics Office (KSH) said, based on a review of national account statistics.
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Hungary twelve-month PPI rose 0.5pc in November Hungary's twelve-month industrial producer prices rose 0.5pc in November from the preceding month and were up 0.3pc from the same month last year after remaining unchanged in month-on-month and year-on-year comparison in October, the Central Statistics Office (KSH) said.
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General gov't net borrowing reaches 5.9pc of GDP in four quarters to Q3 Net borrowing of Hungary's general government reached HUF 1,538bn or 5.9pc of GDP in the four quarters to 2009 Q3, fresh financial accounts data published by the National Bank of Hungary (NBH). Net borrowing of the general government reached HUF 246bn, or 3.8pc of GDP, in Q3.
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