Turkiye announced a significant reduction in taxes on basic food supplies Saturday to counter soaring inflation while also unveiling a new credit guarantee fund package and a new model to bring “under-the-mattress” gold into the economy. President Recep Tayyip Erdoğan said the value-added tax (VAT) would be lowered to 1% …

Russia may increase the quota of tomatoes imported from Turkiye by 50,000 tons, according to reports. Russian news agency Interfax said the country may increase the tomato import quota from Turkiye, which is currently 300,000 tons, to 350,000 tons. Russia’s Agriculture Ministry is preparing a new draft regarding the import …

The American agricultural industry posted its highest annual export levels ever recorded in 2021, Secretary of Agriculture Tom Vilsack announced. The final 2021 trade data published by the Department of Commerce shows that exports of U.S. farm and food products to the world totaled $177 billion, topping the 2020 total …

Ordu will come to the fore in medicinal and aromatic plant cultivation… “Development of Medicinal and Aromatic Plant Breeding Project” has been put into practise by Ordu Metropolitan Municipality Department of Agriculture and Livestock Services. It is aimed to use medicinal and aromatic plants, which started to be produced in …

News release… Akhisar Commodity Exchange Chairman of the Board Alper Alhat said that with a 7 percent reduction in olive oil, both the producer, the consumer and the state will win. Alhat said, “Consumption, which has fallen to the level of 1.4 kilograms per capita, will increase again. Production will …

Press release… Exports from the provinces of the Eastern Black Sea Region (Trabzon, Artvin, Rize and Gümüşhane) which is under the jurisdiction of our General Secretariat of Eastern Black Sea Exporters’ Association (DKİB), amounted to 106 million 783 thousand 758 dollars in January 2022. Exports from our Region in January …

Bread has been among the most basic foods of mankind for thousands of years… Dr. Murat Baş Mentioning that bread is a member of the grain group, that is, foods such as bulghur, pasta, rice and bread are in the same group, Acıbadem Mehmet Ali Aydınlar University Faculty of Health …

Stating that the edible insect trade in the world constitutes a market of 55 million dollars, Assoc. Dr. Davut Şirin said that edible insects could be an alternative to meet the food needs of the increasing population. Dr. Şirin said, “Today, it is not surprising that this dietary habit, which …

Erkunt Tractor Domestic Sales Manager Yiğit Kosova stated that they had two good years as an industry both last year and in 2020. Expressing that agricultural products found value with the increase in food need after the epidemic and that the farmer evaluated all of his crop in the market, …

Food exports from Turkiye to the United States increased by 76 percent from 68 million dollars to 120 million dollars in January 2022. On the other hand, while the USA’s food demand from Turkiye soared by 35 percent from 810 million dollars to 1 billion 94 million dollars in 2021, …