Agribusiness

Nestle will start paying cocoa farmers cash if they send their children to school rather than out to tend crops as part of a push to purchase all of its cocoa through a fully traceable, directly sourced supply chain by 2025. Chocolate makers are coming under mounting pressure from investors, …

Export of 847 million dollars from the cereal sector in January… The cereal industry exported 847.6 million dollars in January. The sector achieved an export increase of 41.5 percent in this period. Kazım Taycı, Chairman of the Board of Tayaş Gıda, said, “As an industry, we achieved an increase of …

Container problem caused a decrease in Turkiye’s fish meal and oil exports… Exports of fish meal and oil from Turkiye in 2021 decreased by 65 percent in quantity and 58 percent in value, compared to the previous year, due to the shortage of containers faced by exporters as a global …

Cooperation in licensed warehousing from İşbank and TÜRİB… İşbank (Türkiye İş Bankası) offers loans based on Electronic Product Bills (Certificates) as part of its cooperation with the Turkiye Specialized Product Exchange (TÜRİB). The financialization of agricultural products, the formation of futures markets, the emergence of instruments such as food-agricultural/Electronic Product …

News release… Aegean Exporters’ Association (EİB) Coordinator Jak Eskinazi said that Turkiye exported 23 billion dollars worth of agricultural products in 2021, while EİB made an export of 5 billion 100 million dollars. Eskinazi reminded that EİB is the export leader of agricultural products by realizing 22 percent of Turkiye’s …

After 7 years of research, scientists develop rice variety resistant to floods and salinity… DHAKA, Bangladesh… Bangladeshi scientists have claimed a breakthrough by developing a special rice variety, resistant to floods and salinity. Starting in 2015 as a joint project between Bangladesh Atomic Agriculture Research Institute (BINA) and Bangladesh Agricultural …

Turkiye reached the highest figure in history on a monthly basis with an increase of 17 percent in January, with 17.6 billion dollars. Aegean Exporters’ Associations (EİB) contributed to this record by boosting its exports by 29 percent, with a contribution of 1 billion 372 million dollars. EİB’s export growth …

Minister accused of exorbitant price, agricultural machinery sector pointed to input costs… The statement of the Minister of Agriculture and Forestry Bekir Pakdemirli that the exorbitant increases in the prices of agricultural machinery purchased by the farmer with a grant will be punished, had an echo in the sector. In …

News release… Vegetable oils and dairy products push FAO Food Price Index higher… 03/02/2022 Rome – The gauge for world food prices went up in January, largely catalysed by supply-side constraints for vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported today. The FAO Food Price Index averaged 135.7 …